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.
Founder & CEO at Align Business Advisory, Dena Jalbert, joins Cheddar to discuss the future of the M&A space and which sectors to watch out for. Watch!
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PLUS: American Eagle marks 30 NYSE years with a record stock high. CMO Craig Brommers discusses Gen-Z trends and collabs with Coco Gauff and Trevor Lawrence.
