Bitcoin (BTC) futures options trading is now live on the Chicago Mercantile Exchange – CME. The offering went live yesterday Jan. 13 and began trading after it successfully got approval from regulatory authorities. The CME Group announced this on its website as trading went live. According to the page, Bitcoin futures options were created to satisfy customers’ yearnings. It says it was done “in response to growing interest in cryptocurrencies and customer demand for tools to manage Bitcoin...
Read More »Ultra-Bullish Bitcoin Analyst Predicts $100K Price in Next 24 Months
After a fairly good ending to 2019, Bitcoin has been on a good start in 2020. Since the start of 2020, the Bitcoin price has surged nearly 20% reaching closer to over $8,500 levels. At press time, Bitcoin is trading for a price of $8,534 with a market cap of $154 billion.However, this has got many analysts and Bitcoin enthusiasts talking about future predictions. This has always been the case for Bitcoin which has been the darling of crypto investors over the last few years. A Twitter handle...
Read More »OneGold Partners with BitPay, Users Can Now Buy Gold with Crypto
With OneGold users can buy, sell and redeem precious metals like gold and silver. Now with the help of the BitPay payment service, the company can integrate cryptocurrency payments in their new mobile app and website. They will accept payments in Bitcoin, Ethereum, Bitcoin Cash and a few stablecoins. The application is available for Android and iOS users. However, BitPay customers who will choose to use OneGold services on its website will save 2%.“Cryptocurrency holders are a natural fit as...
Read More »Tron (TRX) Price Analysis: Primed For More Gains Above $0.0155
Tron price is trading with a positive bias above the $0.0145 support level against the US Dollar.TRX price is currently attempting an upside break above the $0.0152 resistance level.There is a contracting triangle forming with support near $0.0145 on the 4-hours chart (data feed via Bitfinex).The bulls are likely to gain momentum if there is a clear break above the $0.0152 resistance.TRON price is gaining bullish momentum above key hurdles against the US Dollar, similar to bitcoin. TRX price...
Read More »Ethereum Price Analysis: ETH Overcome Hurdles, More Upsides Possible
Ethereum price is gaining bullish momentum above the $145 resistance against the US Dollar.ETH price could continue to rise and it might break the $152 and $155 resistance levels.There is a key bullish trend line forming with support near $143 on the 4-hours chart (data feed from Coinbase).The price could correct lower, but buyers are likely to protect $145 and $143.Ethereum price is showing a lot of bullish signs against the US Dollar. ETH/USD could continue to rise if it clears the $152...
Read More »South Korea Is Looking to “Institutionalize” Digital Currency
South Korea is pushing legislation that would bring cryptocurrency and blockchain technology into more mainstream territory.South Korea Is Looking to ChangeAt one time, it can be argued that cryptocurrency was very mainstream in the region of South Korea. The country – pre-2018 – accounted for roughly one quarter of the world’s total cryptocurrency transactions, so to say that the nation was a digital hotspot would be something of an understatement.However, as more crime occurred throughout...
Read More »ETH’s Virgil Griffith is Officially Charged, Awaiting Trial
Virgil Griffith – the Ethereum research scientist who gave a seminar in North Korea despite lacking permission from the United States government – has been formally indicted and is awaiting trial.Griffith Is Set to Face ChargesGriffith has been charged with assisting a nuclear state and an enemy of the U.S. in learning about how to utilize blockchain and cryptocurrency against American authorities. He is also facing charges for violating the International Emergency Economic Powers...
Read More »Bitcoin Continues to Grow As Protests Erupt in Iran
At the time of writing, bitcoin (BTC) – the number one cryptocurrency by market cap – is trading above $8,100, suggesting that its latest bull run still has some steam behind it.Bitcoin Is Still Hitting the TopYesterday, there was concern that perhaps things had either come to an end or were slowing down given that the currency was meandering between $7,900 and $8,000. This occurred for roughly two days, which made several analysts think that bitcoin had reached its peak considerably earlier...
Read More »Owner of Fortune Magazine Plans More Fintech Acquisitions in Addition to Lightnet
The owner of popular Fortune magazine, Chatchaval Jiaravanon, plans to do a lot more in the fintech sector, through acquisitions. Jiaravanon, who also has a fintech startup called Lightnet, believes that acquisitions will pretty much change the game. In a recent interview as reported by Bloomberg, Jiaravanon said:“Acquisitions will be the quickest way for growth in a fast-changing environment.”Chatchaval’s father, Sumet Jiaravanon, is the executive chairman of Charoen Pokphand Group,...
Read More »Tesla Stock Price Moves North as Oppenheimer Raises Its Target to $612
Tesla stock price has continued to rise after making spectacular gains at the weekend. Tesla stock closed at $478.15 apiece on Friday. This has made Oppenheimer and Co. Inc. give the biggest bullish price prediction yet. The New York-based investment firm has given a price prediction of $612 per share. Sources indicate that this is the highest share price prediction given by a Wall Street firm. The firm said in a note to its clients:“We believe the company’s risk tolerance, ability to...
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