Bitcoin feb 5 2021

Ether has been steadily rising this week as investors await the highly anticipated launch of ether futures contracts from the Chicago Mercantile Exchange next week.

Trading in ether futures is set to start Monday. The CME launched bitcoin futures over three years ago, at the peak of that cryptocurrency's rally.

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Some investors believe that futures and other crypto-focused derivatives products will give institutional investors more confidence to invest in the space. But Patodia said a big driver of the price of ether — and other smaller digital currencies — was the momentum for bitcoin in recent months. Ethereum, ether's network, was created after bitcoin in The main difference it has with bitcoin's blockchain is the ability to support applications.

Crypto investors said another factor potentially boosting ether was the start of a major upgrade to the Ethereum blockchain, called Ethereum 2.

You should consult your own professional advisors for advice. Past performance may not be indicative of future results. Overview of Strategic Vendors - Part 1. Overview of Strategic Vendors - Part 2.

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