strong buy
Moscow Exchange's Cryptocurrency Index Could Pave the Way for Unlimited Bitcoin Futures
The initiation of calculating the cryptocurrency index by the Moscow Exchange could serve as a foundation for launching an unlimited-term Bitcoin futures contract in the future. This is because such an index is a critical infrastructural component necessary for the deployment of derivatives with daily revaluation. It is essential to have a reliable and transparent index that is resistant to manipulation. Moreover, high liquidity must be ensured, including attracting market makers to support it, and a funding mechanism should be developed.
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AI Analysis
The development of a cryptocurrency index by the Moscow Exchange (MOEX) signals a significant step towards integrating digital assets into traditional financial markets. Creating such an index provide...
AI Recommendation
Investors should monitor the development of the Moscow Exchange's cryptocurrency index closely, as it signifies a potential growth avenue for cryptocurrency derivatives, particularly Bitcoin futures. ...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.