IM ONLINE NOW!

 Join me @ IBOtoolbox for free.
Arnold Fisher
Member Since: 6/24/2012
  
performance / stats
Country: United States
Likes Received: 288
Featured Member: 0 times
Associates: 896
Wall Posts: 1122
Comments Made: 109
Press Releases: 199
Videos: 38
Phone: 972-855-8290
Skype:     afisher31
profile visitor stats
TODAY: 56
THIS MONTH: 3343
TOTAL: 234978
are we ibo associates?
active associates
Linda Michel White      
Last logged on: 10/22/2018


Ane Bogitini    
Last logged on: 10/22/2018


Tracy Carter     
Last logged on: 10/22/2018


Terri Pattio    
Last logged on: 10/22/2018


Arlene Dovichi     
Last logged on: 10/22/2018


John Kespert    
Last logged on: 10/22/2018


Horst & Leah ScreenSA    
Last logged on: 10/22/2018


Wayne Brooks     
Last logged on: 10/22/2018


Velma Joseph     
Last logged on: 10/22/2018


Samuel Stokes    
Last logged on: 10/22/2018


Patricia Hudon      
Last logged on: 10/22/2018


Mike Conkey      
Last logged on: 10/22/2018


John Williams    
Last logged on: 10/22/2018


Malcolm Patten    
Last logged on: 10/22/2018


Robin Robinson     
Last logged on: 10/22/2018


other ibo platforms



Arnold Fisher   My Press Releases

JPMorgan Strategist: Bitcoin Futures Could 'Elevate Cryptocurrencies Into an Emerging Asset Class'

Published on 12/2/2017
For additional information  Click Here

JPMorgan CEO Jamie Dimon might consider bitcoin to be a “fraud” that “will not end well,” but one of his top strategists anticipates that the launch of bitcoin futures could turn cryptocurrencies into “an emerging asset class.”

As reported by CNBC, Nikolaos Panigirtzoglou, a global markets strategist at JPMorgan, said Friday that the addition of bitcoin futures contracts to regulated trading platforms will lend credibility to cryptocurrency, making it more appealing to both institutional and retail investors.

“The prospective launch of bitcoin futures contracts by established exchanges in particular has the potential to add legitimacy and thus increase the appeal of the cryptocurrency market to both retail and institutional investors,” Panigirtzoglou said in a report.

This prediction is no longer just a mere hypothetical. Following months of anticipation, Chicago derivatives exchange CME revealed Friday that it had received CFTC approval to begin trading bitcoin futures on December 18. In a separate announcement, fellow Chicago trading platform CBOE stated that it had filed a product certification for a bitcoin futures product with the CFTC. Nasdaq Inc. and Cantor are also reportedly planning to launch bitcoin derivatives.

Although the futures will be cash-settled — meaning that no actual bitcoins will change hands during any part of the transaction — several mainstream financial analysts believe that the presence of bitcoin-derived products on regulated exchanges will ultimately reduce the volatility of the underlying markets and help the nascent asset class to mature into a regular financial instrument.

 

Read the Full Article at https://www.cryptocoinsnews.com

Member Note: To comment on this PR, simply click reply on the owners main post below.
-  Copyright 2016 IBOsocial  -            Part of the IBOtoolbox family of sites.