Markets Update: Bitcoin Spot Prices Slide After CME Group Opens Futures
Bitcoin markets took a slide on Sunday evening December 17 about an hour after CME Group launched the company’s futures markets. Even though the beginning of the derivatives sessions were quite bullish with contracts above $20K, bitcoin’s spot markets dipped to a low of $17,925 across many exchanges. Also Read: Bitcoin Fees Have Become Infeasible BTC Markets Slide Following the Introduction of CME Group’s...
Options Giant CME Launches Bitcoin Futures — Here’s What to Expect
Last week the Chicago Board Options Exchange (Cboe) introduced its bitcoin-based futures markets and the first day got a reasonable level of fanfare. Now the largest options exchange in the world, the Chicago Mercantile Exchange (CME Group) has launched its bitcoin derivatives products. Here’s what you can expect from CME Group’s bitcoin futures opening day. Also read: Divorce is Messy – Especially When You Own...
Not Just Drugs: Darknet Markets Carry a Variety of Goods for Your Bitcoin
Since the fall of the darknet markets Hansa and Alpha Bay, three markets have taken the reigns on the deep web. Now Dream, Point Marketplace, and the Wall Street Market are the top darknet markets, and since they took over, there’s a variety of different kind of vices other than drugs. Also read: Bitcoin’s Market Cap Surpasses the IMF’s Special Drawing Rights Reserves New Market Leaders Carry All Kinds of Goods...
Bitcoin Fees Have Become Infeasible
In 2013, one bitcoin cost $20. In 2017, it costs $20 to send one bitcoin. With record highs, thriving adoption, and media attention, this should be a celebratory time for bitcoin believers. And yet it’s hard to shake the feeling that something isn’t quite right. How did we reach a point where the world’s bank killer and Western Union crippler has become incapable of taking on the institutions it once sneered at?...
Divorce is Messy – Especially When You Own Bitcoin
It ain’t easy owning bitcoin. Back in the day, you could own 50 BTC and nobody cared. But now that the digital currency is actually worth something, everyone wants a piece. Thieves, friends who didn’t listen, the taxman, and, when your marriage breaks down, your spouse. The blockchain might be immutable, but love isn’t. What happens to your bitcoin when you break up? Also read: Mt Gox Creditors Petition the...