Bitcoin (CRYPTO: BTC) will rise to $ 8,500 in December, according to fintech research firm Trefis in a Sept. 13 statement. BTC is currently at $ 6,500 and has seen modest gains the last couple of days. Trefis analysts brushed aside the recent price slump and said in their Forbes article that “there should be a steady recovery in the number of unique users as well as transaction volumes on the Bitcoin network over coming months – helping … prices reach around $ 8,500 by the end of the year.”
Charlie Lee, the founder of Litecoin (LTC), is not considering purchasing LTC after notably “selling and donating” all of his holdings last December when the price was at all all-time high, in an effort to dispel ongoing criticism of insider trading activity. Litecoin creator Charlie Lee says he wouldn't buy back his #litecoin. Here's why. pic.twitter.com/ghZSHq1VMb — CNBC's […]
Leading crypto research firm, Chainalysis, revealed staggering wealth transfer numbers, as reported by legacy news outlet Financial Times, concerning bitcoin core (BTC). From its price high in December of last year through April of 2018, BTC hodlers (supposed longer term investors) dumped $ 30 billion onto the market, shedding about half their collective positions just in December. The basic facts are sure to enliven debate regarding BTC’s ultimate function, be it as a ‘store of value,’ medium of exchange, or mere speculative asset.
After steadily increasing throughout 2017, searches for crypto jobs have failed to sustain and even reversed course. It seems that a lack in daily all time price highs this year has pushed out not just “weak hands” speculators but some of those dreaming of a bitcoin career as well.
Interest in Crypto Careers has Peaked
Many people’s desire for bitcoin and cryptocurrency jobs has apparently fallen sharply ever since the markets have turned sour, this according to figures released recently by the dedicated search engine for job listings Indeed.
Bitcoin price fell 23% into Friday as a broad shakedown of markets saw every cryptoasset in the top 100 sustain major losses.
Stop Me If You’ve Heard This One Before…
Repeating what has become a familiar cycle for holders this year, BTC shaved $ 6000 off its USD value to trade at an average $ 13,240 across major exchanges.
In the top 10 assets by market cap, Bitcoin Cash fared worse, its 34% crash the largest of the Bitcoin forks.
This post represents the author’s personal opinion, and it is not investment advice. At first glance, I thought this review of the NAGA ICO was going to be fun. After all, I like researching and writing about ICOs, and this company has a ton of information about research to write about. In addition, the NAGA […]
Beating competitors to the punch, CBOE has unveiled their plans to launch their Bitcoin futures contracts next week.
This has definitely been the year of the Bitcoin. The price of the most well-known cryptocurrency has grown by over 900%, with last week seeing it exceed the $ 10k mark. However, it’s upward trajectory is not over yet, with Coinmarketcap showing the currency trading at just over $ 11,900 at the time of writing this article. The $ 12k mark is within touching distance.
Bitcoin futures from CME Group and CBOE will “begin by year end,” US regulators have said as they give trading the official green light Friday.
CTFC: Products Have Met Requirements
As Reuters and others report, weeks after CME announced it intended to launch Bitcoin futures trading in a landmark move for the cryptocurrency, the Commodity Futures Trading Commission (CTFC) has finally confirmed its legitimacy.
Additionally, Cantor Exchange will offer regulated Bitcoin binary options.
“Bitcoin, a virtual currency, is a commodity unlike any the Commission has dealt with in the past,” CFTC Chairman J. Christopher Giancarlo said in a press release.