First Bitcoin Futures Contract Expires At $10,900, ‘Win for Bears’

By | January 18, 2018

First Bitcoin Futures Contract Expires At $10,900, ‘Win for Bears’ The Chicago Board Options Exchange (CBOE)’s first Bitcoin futures contract closed Wednesday, Jan. 16, at $10,900 after a relatively turbulent week in the crypto market had briefly brought Bitcoin’s (BTC) price below $10,000. By Jan. 9, there were 1,907 short position contracts for Bitcoin futures on CBOE. When… Read More »

St. Louis Fed Sees Future in Crypto As Important Asset Class, Bitcoin As Digital Gold

By | January 18, 2018

St. Louis Fed Sees Future in Crypto As Important Asset Class, Bitcoin As Digital Gold The Federal Reserve Bank of St. Louis has published a paper entitled “A Short Introduction to the World of Cryptocurrencies” with an overall favorable assessment of digital currency and Blockchain applications for the future. The paper, written by Aleksander Berentsen and Fabian Schär,… Read More »

Another FUD String to JP Morgan Bow: Governments Will Ban Bitcoin, Mike Bell

By | January 18, 2018

Another FUD String to JP Morgan Bow: Governments Will Ban Bitcoin, Mike Bell In what looks like another well-timed attack out of JP Morgan, another one of their top men have made broad and sweeping statements against cryptocurrencies. Global Market Strategist Mike Bell has said that governments will eventually ban cryptocurrencies. The market is in a precarious space… Read More »

Market Tumbles as Bitcoin Price Approaches US$11,000

By | January 17, 2018

Market Tumbles as Bitcoin Price Approaches US$11,000 For some investors, these past 24 hours have represented a state of panic, as cryptocurrency markets are experiencing a major drawback after an explosive December and first half of January. With Bitcoin down over 20%, only one coin on the top 100 outside of Tether (USDT) has maintained its dollar value… Read More »

World Famous Brothel Buying Into Bitcoin?

By | January 17, 2018

World Famous Brothel Buying Into Bitcoin? The Bunny Ranch, which is well known for even those who do not frequent such places thanks to being featured on HBO’s Cathouse show, is mulling over the advantages that could come with offering a Bitcoin payment option. Bitcoin made its name on the dark web because of the anonymity, and other reasons, it brought to… Read More »

Bitcoin Declined by 30% Five Times in 2017, Recent Correction is Tolerable

By | January 17, 2018

Bitcoin Declined by 30% Five Times in 2017, Recent Correction is Tolerable As CNBC Africa’s CryptoTrader host and producer Ran Neuner noted, bitcoin declined by 30 percent on five different occasions in 2017. This month’s 20 percent correction in bitcoin is tolerable, given the major corrections it had experienced in the past 12 months. Major Correction Other major cryptocurrencies… Read More »

Critical ‘Monsieur Bitcoin’ Appointed Head of French Crypto Regulatory Task Force

By | January 17, 2018

Critical ‘Monsieur Bitcoin’ Appointed Head of French Crypto Regulatory Task Force France’s Minister of the Economy Bruno Le Maire has appointed an open Bitcoin critic to head a task force examining cryptocurrency regulation, local source Les Echos reports Monday, Jan. 15. Jean-Pierre Landau, who called Bitcoin “the tulips of modern times” four years ago, will now head France’s… Read More »

Bitcoin falls to $10,000 as total cryptocurrency capitalization loses over $80 billion

By | January 17, 2018

Bitcoin falls to $10,000 as total cryptocurrency capitalization loses over $80 billion The cryptocurrency market continued its decline. Bitcoin collapsed to $10,000, while the total market capitalization fell to $450 billion. The spectacular sell-off on the cryptocurrency market continues in full steam. On Wednesday, the average bitcoin rate fell to $10124, Ethereum price dropped to $904, while Ripple… Read More »

Russia, Norway and Japan Have Embraced Bitcoin in 2017

By | January 17, 2018

Russia, Norway and Japan Have Embraced Bitcoin in 2017 Bitcoin, which was first launched in January 2009 has surpassed all expectations in 2017. Its value started the year on shaky ground, going up and down on a daily basis. But for a few months, the price has been making headline news as it rose well above what anyone predicted.… Read More »

NBA’s Dallas Mavericks Will Accept Bitcoin For Tickets, Mark Cuban Promises

By | January 17, 2018

NBA’s Dallas Mavericks Will Accept Bitcoin For Tickets, Mark Cuban Promises Mark Cuban, billionaire tech investor and owner of the NBA team The Dallas Mavericks tweeted on Tuesday, Jan. 16 that starting next season, it will be possible to buy tickets to the team’s games with Bitcoin. The Dallas Mavericks won’t be the first basketball team to start accepting Bitcoin as… Read More »