The Chicago Mercentile Exchange a.k.a CME, a 70 Billion Dollar futures exchange has recently reversed its position of anti-bitcoin to an open position where they could potentially offer Bitcoin as an eligible investment option for the common consumer, this could be happening as early as 2018.
This unanticipated turn came after CME experienced alot of interest from their customers that wanted to invest in Bitcoin. This is currently the pink elephant in the room, and if they decide to follow through, Bitcoin is gonna see a huge surge in volume next year.
This has obviously gained alot of publicity, especially in Wall Street, which frowns upon such an endeavour and believes this could potentially be the snowball to another big market crash in the future. Regardless, this is a big move to a more mainstream adoption of Bitcoin and even this consideration further proves that Bitcoin is sparking interest everywhere.
I expect turbulence, there is alot of billion dollar companies that do not want this to happen and I can almost guarantee we'll see alot of FUD produced as we get closer.
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