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On Wednesday, Bitcoin managed to extend its eye-popping rally, jumping above $12,000 to a record maximum notwithstanding questions about the cryptocurrency's real value as well as worries about a dangerous bubble.
Bitcoin got a powerful boost after Friday's announcement by the major American derivatives regulator that it would permit CME Group Inc as well as CBOE Global Markets to have bitcoin futures contracts listed.
The given move actually opens the door to added regulation and also more mainstream adoption because bitcoin futures along with other derivatives would simplify trading the new asset class.
Bitcoin's shocking leap over 10-fold from $1,000 at the start of 2017 has generated regulatory scrutiny around the globe.
Moreover, some high profile individuals, including Nobel Prize-winning economist Joseph Stiglitz have told that the cryptocurrency needs to be immediately forbidden.
On Thursday, the major US currency rebounded from its unexpected dive following dismal economic data that sparked fears about the strength of the American economy and also backed the Fed’s intention to leave rates on hold in the nearer future…
On Thursday, Bitcoin was still below the psychologically crucial $4,000 mark without any clear driver…
Having hit $4,000 for the first time for six weeks on expectations that the US Securities and Exchange Commission will soon approve investment vehicles, which would broaden Bitcoin’s appeal, the number one crypto assets rebounded on Wednesday…
Did Bitcoin manage to recover and what was the hottest news in the crypto and blockchain world? Read and find out!
On Monday, Asian stocks traded mostly higher, with Shanghai bucking the trend because centrist Emmanuel Macron fully matched opinion survey hopes and left anti-EU far-right nominee Marine Le Pen behind…
Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…
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