And as always, a profusion of authentic world components are leading to those price climbs. First of all, there really are the geopolitical tensions of earth. The exact real health problems of earth at the sort of the Corona virus, and this is unfortunately getting more and more serious and also increasingly more frightful every day quotation.
It's not clear whether Bitcoin will function as a safe-haven in coming geopolitical havoc. It's not yet determined how far fiscal appetite is actually here for all your institutional crypto choices getting launched, also it's not yet determined that what impact the coming Bitcoin block reward. Having only. Four months away we will have on the price of all Bit-coin.
None of it really is 100% obvious, but I think that it's fair to say that each these factors are affecting and affecting the costs that we're seeing today, that are on the increase steadily for, I would say a couple of weeks now, at least if not a few months. I think you would concur that by some step, it is a very excellent start to 20 20 in the wide world of Bitcoin and crypto currency.
Let's take a look today at the cryptocurrency derivatives market and making it really so special. Article here by Deepika bringing wall street level sophistication to crypto currency derivatives. During its heart, FMX has been a highly sophisticated crypto currency derivatives market, and as a product directed by previous Morgan.
Dan Lee executives as a result of its 25th of November, 2019 launch where the market has drawn near 35,000 users along with also an impressive utmost trading amount of 400 million, $400 million. Fem X has been assuring high performance and reliability. The former Morgan Stanley executives believed that the crypto economy was missing something important.
With intensive knowledge from the conventional finance industry, the leaders doubted that the gaps fast, also it absolutely was that the absence of an individual oriented technique and trustworthiness of both retail and institutional investors that advocate one to build Fenix. Jack tau could be your CEO of both fed ex and also he considers that current crypto currency derivatives.
On the market by which they exist are encouraged by trades that complicate the derivatives trading eco system, especially for retail traders that feel derivative trading is more risky and complex land. It is after a complex subject, a at least a more complex than average type of theme. And so all this helped establish the design criteria for FedEx.
For just a single thing, even if this makes claims to become 10 times more quickly compared to normal crypto platforms, even the market works using a latency speed of a single millisecond, also as a result, the order entry and response situations for the two retail and institutional investors are continuously low work with unmatched throughput of 300,000 trades per second, and also the guaranteed uptime of 99.999%.