Nasdaq’s CEO Says It May Become A Cryptocurrency Exchange One Day
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The cryptocurrency mania we experienced earlier this year has waned, and with prices falling off all time highs by over 50% across the board, the media frenzy has tempered a bit. This is a good thing, because it allows the software developers to work on the technology in relative peace. That said, just because the media and speculation frenzy has died down, doesn’t mean that interest from institutional investors has waned. In fact, quite the contrary.
CME futures average daily volume in the picture below. Each contract is equivalent to 5 BTC, so they’re averaging about 12,500 BTC a day, or about $100m a day in volume. Still small, but I like the trend. pic.twitter.com/E0VWMcsoNX
— Ari Paul (@AriDavidPaul) March 28, 2018