What is the bitcoin CME gap?

The Bitcoin CME gap, also called the “CME gap” for short, is the difference between the trading price of Bitcoin futures contracts when the market opens on Sunday, and when it closes on Friday. Unlike cryptocurrencies, traditional assets do not trade 24/7 around the clock. (Video) CME GAPS.

Is bitcoin available on CME?

In late 2017 CME launched trading of Bitcoin futures contract. Currently Bitcoin (BTC) is the only cryptocurrency available for trade on CME. According to CME group the daily traded volume of Bitcoin on this platform is reported to be more than $100 million USD or 10000 BTC.

What is CME Group Inc?

CME Group Inc – CME stands for Chicago Mercantile Exchange. It is the world’s largest financial derivatives exchange. This futures platform allows one to trade variety of asset classes like: agricultural products, energy, stock indices, fiat currencies, interest rates, real estates, metals and even they have futures trading options for weather.

How often are bitcoins'mined'?

Starting at 50 bitcoins per block (a new block is added approximately every 10 minutes), the issuance rate is cut in half approximately every four years. In May 2020, the third halving reduced the issuance rate from 12.5 to 6.25 bitcoins per block. At that point 18,375,000 of the 21 million coins (87.5% of the total) had been 'mined.'