Short-term capital gains tax of 30% likely to be levied if Bitcoin is held for less than three years, 20% if held for more than 36 months
Although there are hopes that the futures will draw in new investors, most fund managers at larger asset managers and institutional investors said bitcoin remains too volatile
Keeping them at a secure offline location guards you against the risk of hacking and malware attacks
The volume for Real Time Gross Settlement for October was 10 million, a marginal rise from 9.6 million transactions in September
Bitcoin futures were already offered on some unregulated cryptocurrency exchanges outside the United States
The two-month contract was trading at $18,880, while the three-month contract was changing hands at $19,040
European stocks drew strength from a positive Asian session to trade higher across the board in early deals
Based on the holding period, you have to pay short-term or long-term capital gains tax
The acting governor of the Reserve Bank of New Zealand on Sunday said bitcoin appeared to be a "classic case" of a bubble.
A futures contract is a financial product that allows investors to bet on whether the currency's price will rise or fall
Bitcoin's supply is limited to 21 million - a number that is expected to be reached around the year 2140
The twins' Gemini exchange to provide data for Cboe futures, due today
Bitcoin fans appear excited about the prospect of an exchange-listed and regulated product and the ability to bet on its price swings without having to sign up for a digital wallet