Other cryptocurrencies followed bitcoin’s lead. Cardano, a cryptocurrency and smart platform for financial contracts, clocked the highest gains, increasing by more than 25% to $0.27. Ripple, which surged by more than 250% in the last week, is down by approximately 1%, as of this writing. The overall market capitalization of cryptocurrencies was $555.2 billion, up from $537 billion at 15:33 UTC yesterday.
The latest increase in bitcoin’s prices occurred after news broke that TD Ameritrade, the country’s largest online futures brokerage, is set to allow futures trading in the cryptocurrency, starting Monday, December 18. According to a Bloomberg report, the brokerage house plans to offer access to CBOE futures contracts, which began trading last Sunday, to clients.
The contracts will be available to customers who have $25,000 in their accounts and post margins that are 1.5 times more than those required by CBOE.
Which exchange should futures investors choose for betting on bitcoin?
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