The answer may surprise you.
CME Bitcoin Futures close at 4:00 pm Central Time on the last Friday of every month. This is one hour earlier than the close of regular futures contracts on other exchanges.
NOTE: WARNING: Trading CME Bitcoin futures can be a high-risk activity and can result in significant losses. Investors should ensure they have sufficient knowledge and experience before entering into any transactions related to Bitcoin futures. In addition, it is important to note that CME Bitcoin futures markets close at 4:00 p.m. Central Time on the last day of trading, which may differ from other exchanges or markets that you may be used to.
The reason for this is that CME Bitcoin Futures are based on the Bitcoin Reference Rate (BRR), which is calculated by Bitstamp, GDAX, Kraken, and itBit at 4:00 pm GMT on the last Friday of every month.
As such, CME Bitcoin Futures close one hour earlier in order to align with the BRR calculation.
So, if you’re trading CME Bitcoin Futures, be sure to take this into account when planning your trades. And, as always, make sure to do your own research and consult with a financial advisor before making any investment decisions.
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When CME bitcoin futures expire, the holder of the contract is obliged to deliver the underlying asset, cash-settled in US dollars, to the exchange on the specified delivery date. The settlement price is calculated using a price index, with the final settlement price being published by 4:00 p.m. London time on the last trading day.
Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million.
Bitcoin’s price is notoriously volatile. The cryptocurrency has seen several major price swings over its short lifespan, and the upcoming halving event is likely to cause yet another. The halving, set to occur in May 2020, will cut the block reward in half from 12.5 BTC to 6.
25 BTC.
When it comes to investing in Bitcoin, there is always the risk that the value of the currency will go down. This could lead to you losing money if you have invested in Bitcoin. However, there are also a number of factors that could lead to the value of Bitcoin going up, which means that you could make a profit if you invest in Bitcoin.
When it comes to Bitcoin, there is a lot of speculation and debate on whether or not the digital currency will crash again. While no one can say for certain what the future holds, there are a few things that can be looked at to get an idea of where the market is headed. The first thing to consider is the overall trend of Bitcoin.
When it comes to Bitcoin, we’re in the midst of a price collapse. The value of a single Bitcoin has fallen from a high of $1,000 in December to less than $400 today. That’s a decline of more than 60% in just four months.
When Is the Next Bitcoin Halving? The next Bitcoin halving is scheduled for 2024. This is when the block reward will be reduced from 12.5 BTC to 6.
25 BTC.
When it comes to Bitcoin, there is no doubt that it has had its fair share of UPS and downs. In fact, there have been a few times where it has come close to crashing. However, the question remains, will Bitcoin ever crash again?
