Bitcoin futures had a strong debut, and traders don’t expect the bubble to pop anytime soon


A mock Bitcoin is displayed on a table in an illustration picture taken in Berlin January 7, 2014. European banking regulators warn consumers against hacking and other risks associated with online currencies like Bitcoin. It follows similar advisories from the Bank of France and the Chinese central bank - and adds pressure to calls for the sector to be regulated.

Bitcoin futures had a strong debut on Monday (Dec. 11), surging 26% to reach $18,850 on the Chicago Board Options Exchange (CBOE). At the time of writing, January contracts had slipped slightly to $17,870.