October 26th might be one of the most significant dates in the crypto calendars this year due to an event might catalyze a trend reversal in the crypto markets. The crypto markets have been on a free fall since February when news of banning crypto trading in China and South Korea hit the crypto-verse. A few months prior, and on December 17th, the CME Group had launched Bitcoin (BTC) Futures contracts. The trading of the investment instruments, is regulated by the Commodity Futures Trading Commission (CFTC).
The trading of Bitcoin futures contracts occurs in three month periods or what is simply known as quarters. The trading of the current futures contracts, initially started on July 30th. The last day of trading these Bitcoin contracts, is today October 26th.