The CEO of the foremost U.S. derivative market CME Group Terry Duffy revealed on March 25, that Bitcoin’s finite supply (limited amount) is a big challenge for regulators. This makes over 21 million Bitcoin (BTC) which will ever exist a totally different thing compared to the ever-growing money supply of now.
The Intercontinental Exchange's (ICE) Bakkt crypto platform could obtain approval to roll out its physically-delivered Bitcoin futures commodity from U.S regulators in the coming week, an unidentified source told The Block, a technology news outlet on October 25, 2018.
Day to day buying and selling of Bitcoin futures contracts in the second quarter of this year was 93 percent above than the last quarter. That is exactly the claim that has been raised by the giant CME Group, one of the globe's top online platforms futures and options trading.
Bitcoin reached its all-time high of $7,617 on Sunday, November 5, due to the influence of CME Group’s announcement. It proved to be a quite lasting benefit to the market. However, by the end of the day, the price had decreased to $7,175.