The cryptocurrency market has witnessed a resurgence in recent weeks, with Bitcoin's price soaring over 150% in 2023. The digital currency, which saw its value plunge to below $16,000 in November 2022, has made a remarkable recovery, surpassing the $40,000 mark for the first time since May 2022. This uptrend is attributed to the anticipation of interest rate cuts by the Federal Reserve and a growing confidence in the industry with the expected approval of cryptocurrency exchange-traded funds (ETFs) by the Securities and Exchange Commission (SEC).
Cboe Digital: A Pioneer In Crypto Trading
Cboe Digital, a division of the Chicago Board Options Exchange, is pioneering a new era in cryptocurrency trading. Slated for launch on January 11, 2024, Cboe Digital will introduce margin futures on Bitcoin and Ether, becoming the first U.S.-regulated crypto-native exchange to offer both spot and leveraged derivatives trading on a unified platform. This landmark initiative positions Cboe ...