CME Bitcoin Trading ...from Bullion

CME Bitcoin Trading Product Records Show Institutional Participation UptickThe Chicago Mercantile Exchange, or CME, recently saw record Bitcoin trading numbers in multiple categoriesMainstream market exchange, the Chicago Mercantile Exchange, or CME, recently posted record numbers for its Bitcoin (BTC) trading products. May 14 yielded open interest of 10,792 Bitcoin futures trading contracts at CME, totalling 53,960 BTC — an all-time high for the product#FX#

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U.S dollar drops against major currencies, tension rises between America and ChinaThe U.S. Dollar Index that tracks the American dollar against a basket of other major currencies dropped 0.10% to trade at 100.338. The American dollar was down on Monday afternoon in London’s trading session giving up little of its gains from Friday’s trading session.The U.S. Dollar Index that tracks the American dollar against a basket of other major currencies (like the Japanese yen, British pound sterling

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What is the Bitcoin Halving (Halvening)?New bitcoins are issued by the Bitcoin network every 10 minutes. For the first four years of Bitcoin's existence, the amount of new bitcoins issued every 10 minutes was 50. Every four years, this number is cut in half. The day the amount halves is called a "halving" or "halvening".In 2012, the amount of new bitcoins issued every 10 minutes dropped from 50 bitcoins to 25. In 2016, it dropped from 25 to 12.5.

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