Global market firm, CME Group today confirmed that they have no plans to launch dogecoin futures as reported on the social site, Twitter.
The Block confirmed itself after a tweet from @FirstSquawk caught the attention of the entire cryptocurrency market: ‘Chicago Mercantile Exchange is about to launch dogecoin futures’.
CHICAGO MERCANTILE EXCHANGE SAID TO LAUNCH DOGECOIN FUTURES
- First Squawk (@FirstSquawk) April 18, 2021
The answers from CME Group are also supported by other sources who know the truth. They also assured that if such a thing were to happen in the near future, CME would be public.
For the record, CME has been launching bitcoin futures since 2017.
First Squawk is among the Twitter accounts behind rumors that ‘the United States (US) treasury will take action against several financial institutions for embezzling money using cryptocurrencies’ contagious, while not yet authentic.
As a result, the weekend saw the market and futures liquidity plummet.
Last week, Dogecoin became a major focus in the crypto market with a market value jump reaching over $ 40 billion, backed by the excitement of Tesla founder Elon Musk and US billionaire Mark Cuban. Robinhood is at the same time facing technical problems on its crypto trading platform due to Dogecoin (DOGE).
The price of DOGE was at an all -time high (ATH) at $ 0.4 last Friday before slipping slightly to a low, $ 0.25 on Saturday.
At the time of writing, DOGE is trading at $ 0.3 with a jump of almost 14% in 24 hours.
