Tag Archives: Bitcoin Futures

Crypto Market Recovers to $210 Billion, Tokens Surge as Ethereum Rises 4%

Crypto Market Recovers to $210 Billion, Tokens Surge as Ethereum Rises 4%

In the past 24 hours, despite the strong downtrend of major cryptocurrencies, the crypto market demonstrated a quick recovery from this week’s losses. On August 14, as the BItcoin price dipped below the $6,000 mark, the valuation of the crypto market plummeted below the $200 billion mark. At its lowest point of this year, the […]

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRON: Price Analysis, August 06

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRON: Price Analysis, August 06

The crypto world had cheered the prospects of Bitcoin futures trading last year. However, Bitcoin (BTC) prices topped out just as Chicago Board Options Exchange (CBOE) futures began trading. Though not directly responsible for the fall, the futures traders have had an effect on the price, as they shorted the cryptocurrency when it was closer to its lifetime highs. […]

Bloomberg: Goldman Sachs Plans ‘Crypto Custody’ Offering, Despite Bleak Market Predictions

Bloomberg: Goldman Sachs Plans ‘Crypto Custody’ Offering, Despite Bleak Market Predictions

Goldman Sachs plans to “offer [clients] custody for crypto funds,” insider sources told Bloomberg August 6, as the investment bank says it remains “undecided” on its cryptocurrency plans. As the publication reports, Goldman, which in May first hinted it would trade Bitcoin futures, now aims to offer various products linked to digital assets “in response to client interest.” “In response to […]

Bitcoin Breaks $8,000 as Selected Alts See Slight Recovery

Bitcoin Breaks $8,000 as Selected Alts See Slight Recovery

July 24: Bitcoin (BTC) broke through the $8,000 price point this morning, as the top cryptocurrency continues to outperform most other crypto assets, according to data from Coin360. In the days following the strong upswing that kicked off across the crypto market on July 16 and accelerated further on July 17, Bitcoin has sustained positive momentum while other alts slid into negative territory. […]

FN: BlackRock Eyes Bitcoin Futures, Market Reacts to Increased Institutional Interest

FN: BlackRock Eyes Bitcoin Futures, Market Reacts to Increased Institutional Interest

The world’s largest exchange-traded fund (ETF) provider BlackRock announced the formation of a working group to assess potential involvement in Bitcoin (BTC), Financial News (FN) reportstoday, July 16. The move furthers a U-turn on BlackRock’s previously critical stance towards cryptocurrency.  Following in the footsteps of fellow giant Goldman Sachs, the cross-industry working group convened by BlackRock will among other things focus […]

Wall Street Crypto Trader Calls Bitcoin ‘Currency of the Internet’, ‘Digital Gold’, and ‘Reserve Currency’ of the Crypto Space

Wall Street Crypto Trader Calls Bitcoin ‘Currency of the Internet’, ‘Digital Gold’, and ‘Reserve Currency’ of the Crypto Space

On Tuesday (10 July 2018), whilst appearing as a guest on CNBC’s Fast Money, Bart Smith, Head of Digital Asset at Susquehanna International Group, one of the largest privately-held trading firms in the world, called Bitcoin (BTC) “Currency of the Internet”, “Digital Gold”, and “Reserve Currency” of the crypto space. The segment featuring Bart Smith started with hedge fund manager Brian Kelly saying that “ultimately, Bitcoin […]

Economist: Bitcoin Futures Killed the 2017 Bull Run JOHN MCMAHON | JULY 3, 20

Economist: Bitcoin Futures Killed the 2017 Bull Run JOHN MCMAHON | JULY 3, 20

As the fluctuations in the price and trading volume of Bitcoin continue to flummox the oracles of CNBC, a noted Japanese economist has written an article to explain what he thinks killed off the 2017 bull rally and began this 2018 bear driven roller coaster ride the cryptocurrency has been taking. Did Futures Kill the 2017 Bitcoin Rally […]

Crypto Markets Rebound Significantly After a Week of Losses

Crypto Markets Rebound Significantly After a Week of Losses

Saturday, June 30: crypto markets are seeing a significant rebound after this week’s decline. All of the top ten cryptocurrencies by market capitalization are in the green with Cardano (ADA) being the biggest winner – up 18.6 percent over the past 24 hours, according to Coinmarketcap. Market visualization from Coin360 Bitcoin is up around 8 percent over the 24 […]

Goldman Sachs Explore Crypto Trades, Can’t Rule It Out Having a Future in Finance

Goldman Sachs Explore Crypto Trades, Can’t Rule It Out Having a Future in Finance

Speaking at an event, Goldman Sachs CEO Lloyd Blankfein talked about Bitcoin in an optimistic light, saying that although he doesn’t own any, he can’t rule out the cryptocurrency having a future in the world of finance. In other Goldman news, COO David Solomon has said that the firm is exploring alternative cryptocurrency trades beyond the […]

Bitcoin’s Volatility at Yearly Low, Signalling Bottom, Says President of Blue Line Futures

Bitcoin’s Volatility at Yearly Low, Signalling Bottom, Says President of Blue Line Futures

Bitcoin’s volatility is now at its lowest level in more than a year, signalling a likely bottom, futures broker Bill Baruch said in an analysis for CNBC Monday, June 18. The Blue Line Futures president noted that after the leading cryptocurrency lost as much as 70 percent in value since its peak in December 2017, Bitcoin’s (BTC) decreased volatility […]