Morgan Stanley is clearing bitcoin futures trades for clients, according to Bloomberg News. It joins rival Goldman Sachs and a number of large brokerages.
Chicago -
The Chicago Mercantile Exchange (CME) the largest in the world began trading bitcoin futures just a week after the rival Chicago Board of Exchange (CBOE) first launched bitcoin futures trading.
Bitcoin set another high today with CoinDesk recording an intra-day high of $17,615. Many analysts think that the rise could have been fueled in part by the launch of bitcoin futures last Sunday evening by Chicago Board Options Exchange (CBOE).
Last night the price of bitcoin shot past the record $12,000 mark for the first time ever. No doubt to the amazement of doomsayers and dismay of short sellers the price went well over that mark.
