• Goldman Sachs is asking traders to provide 100% margin on the bitcoin futures positions it’s clearing, reports suggest. Reports have hit the press this week that Goldman Sachs is demanding that certain clients stump up 100% margin on their bitcoin futures positions, with the potential for volatility in the underlying asset cited as the driving force behind the decision. On December 10, CBOE Global Markets Inc., which is one of the world’s biggest regulated exchanges,

    Goldman Sachs Won’t Offer Margin To Some Bitcoin Futures Traders

    | 2017/12/15 11:45 am
  • Governments’ continued crypto crackdowns and regulations seem to be having the opposite effect as their citizens rush to be part of the digital currency revolution. In most cases, being denied something makes you actually want it even more, especially when that something has grown by over 1,700% in less than a year. This definitely seems to be the case for Bitcoin. According to Bloomberg, trading in the digital currency increased exponentially more in countries with

    Saying No to Bitcoin Seems to Increase Its Appeal

    | 2017/12/14 7:00 am
  • Despite the expanding interest in cryptocurrencies, the truth is that most altcoins are failing. While some fall victim to poorly designed business plans and/or faulty adoption strategies, many altcoins are the product of outright scams. One thing they all have in common, however, is their attempt to emulate the success of Bitcoin. Very few altcoins have managed to ignite the kind of interest that propels a cryptocurrency from a mere novelty to something that captures

    When the Music Stops: Price Support and Liquidity After the Token Sale Ends

    | 2017/12/14 5:15 am
  • The crypto exchange has welcomed the Facebook Messenger boss to its board, which is another feather in the platform’s cap as they continue to benefit from the world’s growing fascination with digital currencies. The continued rise of Bitcoin’s price and popularity has paved the way for success for many companies, one of them being Coinbase. Last week, the well-known cryptocurrency exchange raced to the top of the US App store as the most downloaded free

    Coinbase Welcomes David Marcus to Their Inner Circle

    | 2017/12/13 9:00 am
  • The overall cryptocurrency market cap has hit $500 billion for the first time in a giant landmark for the phenomenon. 1343 Cryptos, Half A Trillion Dollars Data from Coinmarketcap, which currently tracks Bitcoin and 1342 altcoins in circulation, shows the leap forward in market valuation as multiple cryptocurrencies continue to reach new highs of their own. Ethereum and Litecoin have both posted records in the past 24 hours, $627 and $328 respectively as a new

    Cryptocurrency Is Half A Trillion: Joint Market Cap Hits $500 Billion

    | 2017/12/12 5:15 pm
  • Coinbase just halted Litecion and Ethereum buy and sell transactions, seemingly driven by the huge volume seen in each over the last twenty-four hours.  Digital wallet company Coinbase just announced on its status page, here, that as of 11:04 PST, Ethereum buys and sells are temporarily disabled. At the same time, the company is reporting that Litecoin buys and sells are temporarily disabled, although this news is delivered by way of a yellow notification bar

    Coinbase Halts Litecoin And Ethereum Transactions

    | 2017/12/12 2:45 pm
  • Once upon a time, it would have been absurd to compare bitcoin to gold. One was a new cryptocurrency with little to no adoption, and the other was a precious metal and one-time backer of world currencies. The ensuing years have seen Bitcoin grow to become one of the most precious stores of value, even surpassing that of gold. After nearly two decades of trading in the $350 – $500 range, in 2002 gold bottomed and

    In the Battle for Acceptance, has Bitcoin Accomplished What Gold Can’t?

    | 2017/12/12 12:15 pm
  • As we roll into another week of crypto trading the Bitcoin bulls have been a little subdued in the last 24 hours. BTC hasn’t fluctuated much from around $16,400 where it currently trades. Huge swings in the king of crypto were bounteous this weekend amid the launch of CBOE’s futures contracts. Bitcoin gained and lost over $5,000 in just a few days before recovering but Ethereum has remained pretty flat for weeks … until now.

    Escalating Ethereum Breaks New Records

    | 2017/12/12 1:15 am
  • The probability of a price action movement caused by the sale of a large quantity of Bitcoin will increase as long as its price continues to go up. As the digital currency gains popularity and rolls towards mainstream acceptance, smaller investors need to be aware that a large number of Bitcoin is owned by a very small number of people. According to Bloomberg, as much as 40% of the total supply of Bitcoin, currently 16.7 million

    Can Crypto Whales Manipulate the Markets?

    | 2017/12/11 5:00 am
  • The continuing frenzy surrounding Bitcoin has a number of analysts and economists worried even as global financial institutions are starting to actively participate in the crypto world. 2017 has been a banner year for Bitcoin and other cryptocurrencies. Last week saw Bitcoin race from $14,000 to over $18,000 in a few hours before coming back down to earth at just over $15,000. While many financial experts are predicting that Bitcoin will soar even higher in

    Deutsche Bank Economist Believes a Bitcoin Crash Endangers Global Markets

    | 2017/12/11 3:00 am
  • As the fervor for cryptocurrencies climbs to a crescendo in Europe and the US, the countries of Asia remain mixed. Nations of the Middle East, however, are also eager to take a ride on the digital train and Dubai, in particular, is witnessing a boom in crypto trading. Young professionals are taking to cryptocurrencies in droves, all eager to invest for the future and profit from the recent price surges. Bitcoin has had a wild

    Middle East Professionals Embracing Bitcoin

    | 2017/12/11 1:00 am
  • Bitcoin futures have become one of the most popular topics in the finance and cryptocurrency communities but as we wait with baited breath for the first contract to roll out, the question on everyone’s mind is, “How will it affect the price of Bitcoin?” Bitcoin’s Banner Year With 2017 quickly winding down, many finance and cryptocurrency experts have already started speculating on Bitcoin’s price for the next year. Before we look ahead, however, let’s take a look

    Bitcoin Price Stabilizes at $15k as Traders Fear the Potential Impact of Futures

    | 2017/12/10 9:30 pm
  • Year-end bonuses on Wall Street are getting a generous dose of digital juice as many companies plan to add Bitcoin to the traditional mix of stocks and cash. Bitcoin, it seems, is here to stay. After boasting incredible YTD gains of over 1500% and a market cap rivaling that of most S&P 500 companies, the digital currency can no longer be ignored. Although businesses as a whole are slow to adopt Bitcoin, they are beginning

    It’s Bitcoin Bonuses This Year for Some Wall Street Bankers and Traders

    | 2017/12/10 4:30 pm
  • As the Winklevoss twins became the first ever Bitcoin billionaires, they still believe that cryptocurrency has room to grow. Becoming Bitcoin Billionaires The Winklevoss twins first became famous in 2008 through their legal battle with Facebook founder, Mark Zuckerberg. In 2015, the twins started their own cryptocurrency exchange, called Gemini, where users could trade Bitcoin and Ethereum. Gemini is the 16th biggest cryptocurrency exchange and has a daily trading volume of over $244 million. As if

    Winklevoss Twins Predict Bitcoin Will Become ‘Multi-Trillion Dollar Asset’

    | 2017/12/10 12:00 am
  • Bitcoin is intrinsically volatile due to many factors. One of them is Bitcoin’s inelastic nature. On top of that, experts now forecast that the upcoming futures trading will further exacerbate Bitcoin’s volatility. As a result, cryptocurrency exchanges are already taking precautionary measures. Bitcoin’s Volatility About to Increase Bitcoin’s price fluctuations are wild. Its price can swing by more than $3,000 USD in just a few hours. Traditionally, volatility is measured by the volatility index, also

    Futures Trading Will Intensify Bitcoin’s Volatility

    | 2017/12/09 8:45 pm
  • In an interview with CNBC on Thursday, billionaire investor Marc Lasry admitted that he should have bought Bitcoin when it was trading at $300. Co-founder of Avenue Capital Group and part owner of NBA team the Milwaukee Bucks, Marc Lasry expressed his regret at having missed the boat – at least the early one – when it comes to Bitcoin. The digital currency, which was trading at just below $1,000 at the beginning of 2017,

    Billionaire Investor Marc Lasry Regrets Not Buying Bitcoin at $300

    | 2017/12/09 6:45 pm
  • With CBOE set to roll out Bitcoin futures trading Monday morning, the exchange announced this week that the margin requirements have risen from 33% to 44% due to Bitcoin’s recent extreme volatility. As Bitcoin finished a tumultuous trading week, with coin prices climbing from $11,000 to heights of near $20,000 on the GDAX exchange, the weekend has brought worries of what effect futures trading will have on Bitcoin, especially in regard to market manipulation believed

    CBOE Announces Increased Bitcoin Futures Margins Amid Market Manipulation Worries

    | 2017/12/09 2:00 pm
  • Jeff Sprecher, CEO of Intercontinental Exchange Inc. and owner of the NYSE seems to be having second thoughts about letting his competitors launch Bitcoin futures trading first. It is by now very well known that Bitcoin futures trading is set to launch on both CME and CBOE this month and the extreme volatility we’ve seen in the price of Bitcoin over the last 48 hours or so is likely representative of this fact. Chicago-based CBOE is

    NYSE Owner Admits ‘We May Be Stupid’ for Not Being First on Bitcoin Futures

    | 2017/12/08 7:15 pm
  • Former Chairman of the U.S. Federal Reserve Alan Greenspan’s policies were instrumental to one of the worst ever economic meltdowns. Today, he errs once again. He views gold as the ultimate currency and scorns Bitcoin. He argues that “Bitcoin is not rational,” and compares it with a fiat currency that the U.S. Continental Congress issued in 1775. Greenspan Is a Gold Standard Champion Greenspan’s views of the economy continue to be obsolete. He is a

    Former US Federal Reserve Chairman Alan Greenspan: Bitcoin Not Rational

    | 2017/12/08 5:00 pm
  • Even though Bitcoin continues with its hobby of breaking price records and is reaching staggering heights in the process, it doesn’t necessarily mean that this is as high as it can go. We’re running a bit low on suitable adjectives to describe the phenomenal price increases that Bitcoin has been experiencing over the last few weeks. Actually, over the last few days! Wednesday saw the currency trading at $14k, while yesterday saw it reach the

    Has Bitcoin Reached Its Market Peak? Novogratz Doesn’t Think So

    | 2017/12/08 1:00 pm
  • The value of Bitcoin has been making headlines lately, with prices increasing tremendously over the past few weeks. First, the price of the cryptocurrency smashed the $10,000 level, hitting a record-high of $15,000 a few days later. As of now, the price stands at more than $18,000, with the upward trend expected to continue in the coming days. With more and more people trying to get a piece of the Bitcoin pie, the digital currency’s

    Bitcoin Leaves Visa’s Market Cap in the Dust

    | 2017/12/07 9:00 pm
  • 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

    Bitcoin Shatters $18,000 Mark Less than 3 hours after $17,000

    | 2017/12/07 7:15 pm
  • The charge continues as the Bitcoin bull continues to break record after record. Barely 24 hours ago, the cryptocurrency was trading at just under $13,000, climbing throughout the day to breach $14k and $15k milestones. Bitcoin has reached yet another all-time high as the price now stands at an incredible $16,568. The past 24 hours have been an exciting ride for Bitcoin investors and enthusiasts. The price of the popular digital currency has surged by nearly 30% and

    A New Day, a New Record – Bitcoin Blazes past the $16,000 Mark

    | 2017/12/07 11:45 am