UTC-05:00,Sunday , May 24th 2020

Circle CEO: Institutional Market Arrived In Bitcoin As CME Clears $1 Billion In One Day

11:30 Wednesday , May 15th 2019
On May 13, as the Bitcoin price climbed from $7,000 to $7,700 within hours and the CME Bitcoin futures market recorded a daily volume of over $1 billion. According to Jeremy Allaire, the CEO of Circle, a major cryptocurrency firm that operates digital asset exchange Poloniex and stablecoin USD Coin, the $1 billion volume recorded by CME Group indicates institutional investors have officially arrived in the cryptocurrency market.
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