Bitcoin Stable As Big Players Enter the Digital Currency Sector

Bitcoin Stable As Big Players Enter the Digital Currency Sector

Bitcoin Stable As Big Players Enter the Digital Currency Sector $BTCUSD, $CME, $CBOE, $BLK Bitcoin rallies 5% as BlackRock reportedly weighs crypto venture Bitcoin opened higher, climbing as much nearly 6%, following reports that the world’s largest asset manager was considering a push into the digital-currency market. Monday, it was reported that BlackRock (NYSE:BLK), which […]

Billionaire Founder/CEO of Twitter and Square, “Bitcoin will replace the Dollar”

Billionaire Founder/CEO of Twitter and Square, “Bitcoin will replace the Dollar”

Billionaire Founder/CEO of Twitter and Square, “Bitcoin will replace the Dollar” $BTCUSD, $TWTR, $SQ Twitter (NYSE:TWTR) CEO Jack Dorsey predicted that Bitcoin (BTCUSD) will eclipse all the world’s currencies in about 10 years . But the newly nominated new head of the New York Federal Reserve disagrees. In a speech Friday, the current San Francisco Fed President […]

Technically Bitcoin Could Test to Recent Lows

Technically Bitcoin Could Test to Recent Lows

Technically Bitcoin Could Test to Recent Lows $BTCUSD Bitcoin faded from highs, but is still supported, as total cryptocurrency market remained steady. The total cryptocurrency market cap rose to $391-B, up a bit from Wednesday’s close, after snapping 3 straight days of decliners Tuesday. The total cryptomarket market cap is still well below its early […]

Government ‘Watchdog’ Cracks Down of Fraudulent Digital Currency Operators

Government ‘Watchdog’ Cracks Down of Fraudulent Digital Currency Operators

Government ‘Watchdog’ Cracks Down of Fraudulent Digital Currency Operators $BTCUSD Friday, the US derivatives ‘watchdog’ said that it has filed charges against 3 separate virtual currency operators alleging the defendants had defrauded customers and broken other commodity trading rules, in a further sign regulators globally are cracking down on fraud in the ‘hot’ emerging asset […]

Bitcoin Futures Trading Enters ‘Mainstream’ Finance

Bitcoin Futures Trading Enters ‘Mainstream’ Finance

Bitcoin Futures Trading Enters ‘Mainstream’ Finance $BTCUSD, $CME, $CBOE Currently Bitcoin is trading at: 15,879.9951, +1,810.98, or +12.87% Trading in Bitcoin futures opens Sunday evening in Chicago, as the 1st major US exchange offers a product pegged to the wildly fluctuating cryptocurrency. The currency has risen more than 1,000% this year, and about 80% in the past […]

Bitcoin, the Angst, the Allure

Bitcoin, the Angst, the Allure

Bitcoin, the Angst, the Allure $BTCUSD, $CME, $CBOE, $GBTC CME,(NASDAQ:CME)  the world’s largest exchange owner reversed course Tuesday and said it plans to introduce Bitcoin futures by the end of Y 2017, just a month after dismissing an earlier plan. Bitcoin, the largest cryptocurrency, which has risen 6X YTD, spiked to a fresh record high […]

Bitcoin Tapping at 6,000, Traders Ignore Pitfalls

Bitcoin Tapping at 6,000, Traders Ignore Pitfalls

Bitcoin Tapping at 6,000, Traders Ignore Pitfalls $BTCUSD Bitcoin closed in on another milestone Friday, as the digital currency approached $6,000 for the first time to put its gain in 2017 to more than 500%, and is currently trading at 5,974.01, +342.94, or 6.09% on the day. As Bitcoin continues rise, people are speculating that […]

Bitcoin Traders ‘Edgy’ Over Coming Regulations

Bitcoin Traders ‘Edgy’ Over Coming Regulations

Bitcoin Traders ‘Edgy’ Over Coming Regulations $BTCUSD Bitcoin fell as much as 5.9%, its biggest loss in almost a month, to as low as 5,247, it bounced and is now trading at 5,414.23, +42.00 or +0.78% on the day. Looks like the ‘edginess’ wore off quickly. Bitcoin traders waiting for a pullback in the cryptocurrency price […]

President Trump’s Market ‘Rules’ Revamp Coming Real Soon

President Trump’s Market ‘Rules’ Revamp Coming Real Soon

President Trump’s Market ‘Rules’ Revamp Coming Real Soon The Trump Administration is set to release its road map for overhauling regulation of US markets It will be an expansive list of priorities that touches on the stock, bond and derivatives trading. The Sarbanes-Oxley Act of 2002 and the Dodd-Frank Act of 2010 are the focus The […]

September Copper Falls to 2 Month Lows

September Copper Falls to 2 Month Lows

September Copper Falls to 2 Month Lows $CUPM Copper (NYSEArca:CUPM) futures fell to the lowest in 2 months after stockpiles surged and Barclays Plc flagged concern over growth in China, the world’s biggest consumer. Inventories tracked by exchanges in Shanghai, London and New York climbed 5 straight days last week to the highest since May. […]