Investors are now wondering what is going on with Bitcoin's price craziness, as the price chart already looks like the infamous "hockey stick", and experts are grasping to find the reasons why the digital currency is now hitting the $17,000 level every day. The answer may be leverage. The Japanese exchange, bitFlyer, said that their…
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Litecoin is currently the fifth largest cryptocurrency available to investors by market capitalization (around $11 billion). According to Coinbase, the digital currency is up with +4,752.77% annual change. Now, in just under 24 hours, Litecoin's price jumped with almost 25%, reaching a new high of $197, just after CBOE launched bitcoin futures on 10th December,…
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Just after CBOE, the Chicago-based exchange, launched Bitcoin futures, two firms have filed applications for bitcoin ETFs that trade in crypto derivatives. CryptoCoinsNews just reported that, according to the SEC public filing system, the commission has received new applications for both REX Bitcoin Strategy ETF and REX Short Bitcoin Strategy ETF, as well as VanEck…
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On 10th of December, CBOE Global Markets launched the new bitcoin product on the market - bitcoin futures. CBOE became the first exchange to offer bitcoin futures, while CME launches them on 17th of December. While many expected the price of Bitcoin to crash and for the futures to trade at a relatively low price,…
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Bitcoin has passed $17,000 on almost all major exchanges on December 7th, 2017. As the digital currency skyrockets, many of us ponder upon what is happening and how it is possible for something that was worth $100 back in 2011, to multiply its value by 170 times for 6 years. From a currency associated with…
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Close to the launch of bitcoin futures by CME Group and other exciting news, the “people’s currency” is going through the roof. While many thought that Zimbabwe enjoyed a price level of around $14,000 that is not easily attainable in other countries, today Bitcoin gained over $1,200 in just 24 hours. The truth is, based…
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As the "people's currency" is slashing through the $11,000 price point yet again, some experts are now equating bitcoin with a huge, ready-to-burst bubble. However, as CME Group and Nasdaq are already in the process of launching bitcoin futures and the technology behind the currency, blockchain, is rapidly innovating a series of industries, the question…
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CME Group is now in the process of launching the first bitcoin futures and the event is scheduled to take place by December 18, 2017. This will eventually put an end to doubts whether the derivatives "giant" will trust that the new bitcoin-related product will be successful or not. What is more, CME reported that…
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Blockchain technology is disrupting companies, sectors, basically the whole world. The technology has helped the crypto "craze" to achieve new hights, with market capitalization of over $200 billion. Now, according to the latest report on Blockchain technology predicts a CAGR of 54.5% over the period of 2017 - 2023. The study on Blockchain Technology market covers…
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Bitcoin’s soaring popularity has left Betway pricing up a list of possible acceptors with McDonald’s a warm order at 1/2. US giant Walmart looks nailed on to accept Bitcoin by the end of next year at 1/5, as does British Airways at 1/3 according to the leading online bookmaker. Retail favourite Argos is also short in…
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