CME Group Launches Bitcoin Futures

Bitcoin debuted on the world's largest futures exchange on Sunday. CME Group launched their Bitcoin Futures, a move that further promotes and brings attention to the cryptocurrency craze. Tim McCourt is the global head of equities and alternative investments at CME Group, and he joins Cheddar to explain CME Groups decision to launch the BTC Futures. McCourt explains that investors were eager to work with the crytocurrency and CME wanted to help facilitate that. After the initial launch, the BTC Futures saw a lot of action. According to CME Group, more than 1,000 contracts were traded with a value of more than $100 million, and there were nearly 100 market participants across all regions.

More In Business

Build In Tulsa’s Impact on Women in Business

CEO of Amplify for Women Carlisha Williams Bradley talks about her experience with Build In Tulsa’s W.E. Build program. Sponsored by Build In Tulsa

Why Tulsa, Oklahoma Might be the Next Big City

Ashli Sims, Managing Director of Build In Tulsa, discusses how the organization is creating an equitable economy in Tulsa. Sponsored by Build In Tulsa

Disneyland’s Iconic It’s a Small World Ride Is Closing for Months

Disneyland announced that one of its long-standing fan-favorite rides will undergo two lengthy closures in the coming months.

Is Caroline Ellison's Sentencing the End of the FTX Scandal?

Oliver Linch, CEO of Bittrex Global, joins Cheddar to breakdown what happened to Caroline Ellison and discusses the future of cryptocurrency. Watch!

Rapper Common Partners with T-Mobile to Bridge the Digital Divide

PLUS: The Oscar, Grammy, and Emmy winner shares the lyric that inspired him most.

Was There a Palace Coup at the Magic Kingdom? Inside the Bob Iger, Bob Chapek Shake-up

James Stewart joins Cheddar to discuss his New York Times article on what really went on behind-the-scenes at Disney when Bob Iger took back his spot as CEO.

United Arab Emirates: Dubai’s Tourist Surge Hits 9.31M with D33 Goals

Dubai welcomed 9.31 million international tourists this year, a 9% increase. The 'D33' Agenda aims to double GDP by 2033 through innovative projects.

Regional Bank Boom: How Citizens Financial Is Crushing the S&P 500

Citizens Financial Group outpaced the S&P 500 with a 20.1% gain in 3 months, 25.7% YTD, and 51.3% in a year.

What Happens In Vegas! Sin City Debuts New Social Media Savvy Slogan

Steve Hill, CEO & President of Las Vegas Convention and Visitors Authority, talks all things Sin City including transportation news, nightlife and the Sphere!

FICO Utilizes AI To Enhance Business Decision-Making

AI is revolutionizing credit scoring by analyzing diverse data sources, enhancing accuracy & financial inclusion for those lacking traditional credit histories.

Load More