Most utility tokens don’t provide a compelling reason for users to hold the token for more than a few seconds. And that’s a problem for its value.
Bitcoin’s wild week continued today as the price “corrected” back to $15,900 USD after briefly topping $19,000 on Coinbase in the early A.M. on the U.S. east coast. In other volatility news, Bitcoin Cash (BCH), which had begun to sink under the weight of BTC’s latest moon shot, suddenly spiked from $1,252 to $1,731 (CoinMarketCap). […]
The age of Bitcoin investments going mainstream is nearly upon us, at least for traders in the US market. Last Wednesday, the highest-volume derivatives market in the world, CME Group, announced that it open its upcoming Bitcoin Futures market on December 18th. The second largest market, the Chicago Board of Exchange (CBOE), then one-upped the CME and announced that they’ll be the first to launch Bitcoin futures trading on December 10th.
Bitcoin (BTC) is currently undergoing parabolic growth in the setting of unprecedented institutional and retail demand. The market cap is currently US$287.6 billion on US$22 billion worldwide volume over the past 24 hours. The market cap is approaching that of a major bank, such as JP Morgan and Bank of America.
Regulators in South Korea have reportedly banned the trade of futures contracts and other derivatives tied to bitcoin.
Asian markets have blazed ahead of the U.S. and Europe today as data from Brave New Coin’s Bitcoin Liquid Index (BLX) shows the price of Bitcoin, denominated in South Korean Won, surpassing US$20,000 at around 5:00pm Friday EST. Japan followed suit soon after — with the USD / YEN pairing hitting $20,000 at 7:30pm EST.
Bitcoin sees unprecedented levels of buying with CoinMarketCap showing a price surge of more than $3000 over the past 24 hours. Today has been one for the record books as Coinmarketcap reports Bitcoin prices topping $18,000 and a market cap of over $300 billion. This newest milestone comes amid a flurry of significant all-time highs over the past 24 hours as Bitcoin climbed from $14,000 at this time yesterday to its current price of $18,053 at
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Isn’t it odd that two esteemed economists like Joseph Stiglitz and Bini Smaghi — both approaching the end of supposedly exceptional careers — don’t see any issues or problems at all with the current financial system? Could it be those who’ve made their livelihoods in the traditional financial system can’t imagine life without it? Also […]
Cryptocurrency mining marketplace NiceHash has confirmed that yesterday’s hack resulted in the loss of over 4,700 BTC.
When it comes to cryptocurrency, Israel hasn’t really had a clear focus. Not anymore, though. Now, policymakers have announced a plan to drastically simplify the tax regulations on digital currency. Also read: We Went To the World’s First Bitcoin Cash Meetup in Tokyo Join the Bitsonline Telegram channel to get the latest Bitcoin, cryptocurrency, and tech news updates: https://t.me/bitsonline […]