CBOE is reportedly putting on "hold" its Bitcoin Futures market. The exchange announced that it will not be adding a new bitcoin futures offering in March. The cited reason is that CBOE will need to review the process and the product itself. The news was actually made by CBOE Futures Exchange or CFE. The unit…
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Bitcoin enthusiasts have cause for celebration, after many frigid months of Crypto Winter. For the first time since July of 2018, Bitcoin valuations actually appreciated for a month, delivering a respectable growth rate for February of 10.4%. One has to return to July and April of last year to find similar positive performance stats, 21.5%…
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The price of Bitcoin may be plunging, but there are pretty interesting statistics to acknowledge. According to data from Data Light, around 74% of all bitcoin nodes are located in only 10 countries, with the United States having the largest number of nodes. In the US there are 2,625 Bitcoin nodes, while in Germany there…
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Bitcoin was on a tear for the past week, surprising all onlookers, as it blasted past $4,100, only to pull back suddenly to $3,785. This buying rally came after a week where analysts were sharing dire opinions of just how low BTC could go before finding a true bottom. Expectations were that the cryptocurrency leader…
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Yet again, the SEC is under the watch by so many Bitcoin enthusiasts and investors. The agency has a new deadline to rule on the eventual emergence of a Bitcoin ETF, a decision that needs to take place by April 5th, 2019. For a second time, a proposal for a Bitcoin ETF was submitted by…
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Bitcoin is undeniably having a very bad year. The cryptocurrency was trading at $20,000 at the end of 2017. Fast forward to the beginning of 2019, the coin is trading at around $ 3,500. However, cryptocurrency and fintech experts predict that Bitcoin can soar by 84% by the end of this year. The most vocal…
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What a difference a few weeks can make in the Bitcoin investment community. Back on the 3rd of January, an exalted technical indicator was “suggesting Bitcoin is in its longest buying streak in six months.” Digital diehards were rejoicing. Bitcoin prices soon pierced $4,000, a level that had been described as a “titanium resistance level”…
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The US government is currently shutdown. This is one of the longest shutdowns of the US government ever in history. While President Trump tries to firmly defend his position on the future "Wall", the US government shutdown is affecting the number one cryptocurrency by market cap - Bitcoin. While there may be little correlation between…
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Bitcoin zealots and enthusiasts were jumping for joy last week when a Russian economist, a Professor Ginko, who works closely with the government, announced that Russia would soon be buying bitcoin. Before the professor could take a breath, the news went viral. He also noted that purchases could occur as soon as February of this…
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The different states in the US have definitely different approaches and attitudes when it comes to cryptocurrencies. Some US states, like New York, for example, are very pro-crypto, introducing legislations and initiatives to promote the use of cryptocurrencies. Other states, like Ohio, are already accepting Bitcoin for certain tax payments. The latest example of a…
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