News

Bitwise Asset Management has withdrawn its longstanding Bitcoin ETF application with the SEC, after the proposal was rejected by the commission in October. Bitwise first filed an application with the US Securities and Exchanges Commission for what would be the first-ever Bitcoin ETF in January of last year, after several other companies had failed with
0 Comments
CME Group’s Bitcoin options got off to a good start this week with US$2.3 million traded on the first day, eclipsing the slow start made by rival exchange Bakkt. The Chicago Mercantile Exchange (CME) launched its highly anticipated Bitcoin (BTC) options on Monday, with 55 contracts changing hands on the first day alone. An options
0 Comments
Bitcoin could be set for a major breakout as escalating tensions between the US and Iran drive investors to safe-haven assets, with cryptocurrency and gold values surging. Tensions in the Middle East reached a critical point on Thursday after US President Donald Trump ordered a drone strike on a vehicle convoy near Baghdad International Airport,
0 Comments
The year commenced with a massive rally in Bitcoin (BTC) that ultimately led to a sustained bull run, and the price of the world’s biggest cryptocurrency eventually reached levels that raised visions of 2017’s climb. However, that eventually came to an end, and the last few months have been pretty tough for the crypto industry
0 Comments
Bitcoin (BTC) bled yet again this week, as the bears assert their dominance in an increasingly volatile market, with BTC losing as much as $400 USD yesterday and tumbling towards the $8,000 milestone. The bearish movement of Bitcoin has been ongoing for months, with the exception of a few relatively small reprieves, and has many
0 Comments
Bitcoin made gains last week after new documents from the Chinese government revealed that the country was reversing its decision to ban blockchain mining, with President Xi Jinping expressing his support for blockchain technology. Back in April, The National Development and Reform Commission in China published a list of industries that it believes should be restricted
0 Comments
Bitcoin’s 2017 bull run, which saw the world’s leading digital asset top out at nearly $20,000 USD, was mostly driven by a lone anonymous trader, according to analysis gathered by two finance professors from the University of Texas and Ohio State University. Professors John Griffin and Amin Shams analyzed over 200 gigabits of data relating to
0 Comments
Bitcoin (BTC) has made some serious upward movement in the last few days. In less than 24 hours, the world’s largest cryptocurrency shot up over 40% to $10,350, having traded as low as $7,300 the previous day. The undoubtedly bullish movement represented BTC’s fourth-largest single day movement ever, and the biggest since 2011. However, some
0 Comments
2019 has been a remarkable year for cryptocurrencies, and much of that was marked by the hugely impressive Bitcoin rally during the first half of the year. However, that rally seems to have fizzled out, and the world’s biggest cryptocurrency has been experiencing a sustained slump. Bitcoin Holds Gain Moreover, the cryptocurrency has also been
0 Comments
Bitcoin has dropped to a five-month low of $7,435 USD following Facebook CEO Mark Zuckerberg’s testimony before Congress in defense of the planned stablecoin Libra. The world’s largest cryptocurrency fell as much as 9% to its lowest levels since June, as Zuckerberg was grilled by congressional representatives before a sitting of the House Financial Services Committee.
0 Comments
New cases of Bitcoin fraud are back circulating the media. Back in May, the NYPD warned the public about Bitcoin scams, but that hasn’t stopped incidences of fraud from occurring. In the news this week, we have learned of two new Bitcoin fraud cases: one involves a Pennsylvania resident, and the other, interestingly enough, involves
0 Comments
Over the years, cryptocurrency has developed at a remarkable pace, and an investment instrument like Bitcoin options would have been unthinkable even a few years ago. However, the march of Bitcoin, blockchain, and cryptocurrencies has been relentless. Hence, it is not really a surprise that options are at last going to be launched for the
0 Comments