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Cryptocurrencies

CME Group introduces micro Bitcoin futures

The new contract is worth one-tenth the size of a single Bitcoin. The Chicago Mercantile Exchange, or CME, has officially launched its newest Bitcoin (BTC) derivatives product, setting the stage for wider mainstream adoption of digital assets.  TIm McCourt, CME Group’s global head of equity index and alternative investment products, said the new product will […]
Cryptocurrencies

Bitcoin is a ‘disgusting’ product that comes ‘out of thin air,’ says Charlie Munger

“I hate the Bitcoin success, and I don’t welcome a currency that’s so useful to kidnappers and extortionists and so forth,” said the billionaire. Charlie Munger, billionaire investor and vice chair of Warren Buffett’s Berkshire Hathaway conglomerate, did not mince words when it came to describing his feelings on crypto. In the Berkshire Hathaway Annual […]
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