Can the altcoins continue their rally after a shallow pullback? Let’s analyze the charts. Though Bitcoin’s (BTC) price action has largely been lackluster in the past few days, it could change with the launch of Bakkt. Fundstrat Global Advisors co-founder Tom Lee is positive on “Bakkt and its ability to improve trust with institutions to […]
Continue Reading
The Chicago Mercantile Exchange Group is adding options to its Bitcoin futures contracts in Q1 2020, pending regulatory review. The Chicago Mercantile Exchange (CME) Group is adding options to its Bitcoin (BTC) futures contracts in Q1 2020, pending regulatory review. The development was announced in an official news release on Sept. 20. Options will give […]
Continue Reading
Bitwise presents further proof to the U.S. regulator that it’s time to approve the first Bitcoin ETF. Crypto index fund provider, Bitwise Asset Management, has given another presentation to the United States Securities and Exchange Commission (SEC) in its bid for regulatory approval of its proposed Bitcoin exchange-traded fund (ETF). In a memorandum, issued Sept. […]
Continue Reading
Lee adds weight to the broadly popular impression of Bakkt, 3 days before the hotly-awaited Bitcoin futures launch. Bitcoin (BTC) and cryptocurrency will gain trust from the incoming launch of institutional trading platform Bakkt, a well-known analyst has said. More Praise For Bakkt In a tweet on Sept. 19, Fundstrat Global Advisors co-founder Tom Lee […]
Continue Reading
British Financial Conduct Authority granted a license under the European Benchmarks Regulation to CME Group’s Bitcoin index provider CF Benchmarks. CF Benchmarks, CME Group’s Bitcoin (BTC) index provider, received a benchmark license under the European Benchmarks Regulation (EU BMR). On Sept. 13, CF Benchmarks’ official Twitter account announced that the firm received its license from […]
Continue Reading
The company has asked the regulator to double the maximum permissible open positions each client can hold in Bitcoin futures. The Chicago Mercantile Exchange (CME) Group is petitioning United States regulators to allow its clients to double their open Bitcoin futures positions. Double open positions limit, says CME According to Nasdaq on Sept. 12, CME […]
Continue Reading
The action might shift to altcoins for the next few days. Which altcoins offer a trading opportunity? Let’s analyze the charts. Preparations for the launch of Bitcoin (BTC) futures on Bakkt are on track. While market participants were excited before the launch of CME group’s futures trading at the end of 2017, the current launch […]
Continue Reading
It’s hard to tell if Bitcoin price is bullish or bearish so let’s look at both scenarios to anticipate which way BTC could break this week. Last Friday Bitcoin (BTC) price marched within just a few dollars reach of $11,000 and it seemed that the weekend would be a bullish one. The top digital asset […]
Continue Reading
After a slump earlier this week, the Bitcoin price has again crossed the $10,000 mark in this recent rally. The Bitcoin (BTC) price has rallied over the past few days and has again crossed the $10,000 threshold. Bitcoin 7-day chart. Source: Coin360 On Aug. 28, Bitcoin dropped $600 in the course of a half-hour, sinking […]
Continue Reading
With Bitcoin price trading flat under $10K, the launch of the highly-anticipated Bakkt platform for institutional investors is now just three weeks away. Bakkt has been approved, and starting Sept. 6, clients will be able to deposit their funds into the Bakkt Warehouse, in anticipation of trading beginning on Sept. 23. Is this time different […]
Continue Reading