ETH Futures News Provide Slight Crypto Rally, Bitmain IPO

After a promising few days, the crypto market sunk today as Bitcoin failed to hold $7,000. However, a story broken by Frank Chaparro of Business Insider has helped to provide a bit of recent relief, with the CBOE apparently seeking to launch ETH futures by the end of 2018.

Let's talk about what the ETH futures news means, how it played out for Bitcoin when futures were announced, as well as some great research on Bitmain's IPO.

"Cboe is telling market makers that it's getting close to launching ether futures — and it could mark a big step in the crypto's evolution" by Frank Chaparro -
https://www.businessinsider.com/ether-futures-on-the-way-at-cboe-2018-8

"Unboxing Bitmain's IPO" - https://blog.bitmex.com/unboxing-bitmain/

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** This is not financial advice and these are simply my own opinions, as such, this should not be treated as explicit financial, trading or otherwise investment advice. This is not explicit advice to buy these cryptos, do you own research.**