CME Becomes Largest Bitcoin Futures Market
Buoyed by rising institutional demand, the Chicago Mercantile Exchange (CME Group) has become the largest Bitcoin futures market. The exchange started offering Bitcoin futures products three years ago. However, since its launch, crypto derivatives demand has risen tremendously. Last month,
Will Bitcoin Reach Its Previous Highs By Year End?
It is clear that Bitcoin has been on a bullish uptrend for the past year and its value has risen nearly 5x since March. This had led many traditional investors to wonder if now is the time to hop in
Grayscale Hits $10 Billion in Assets Under Management
According to a recent post, cryptocurrency hedge fund Grayscale Investment now holds Bitcoin worth about $10 Billion. The report reveals that the major hedge fund has more than 500,000 Bitcoin in its fund. This is little surprise for anyone in the
Airbnb Poised To Change Stance On Cryptocurrency
Vacation rental online firm Airbnb has always taken a negative stance on cryptocurrency adoption. But it seems the company is about to make a u-turn, according to the prospectus for its imminent Initial Public Offering (IPO). The prospectus for its IPO,
Williams Says Warren Buffet Will Invest in Bitcoin Soon
Given all the economic upheaval in the world today it’s understandable why the bias towards cryptocurrency by the financial industry is gradually changing. Although the change is slow, it is happening with lots of favorable news around Bitcoin and various
Max Keiser Predicts Bitcoin To $28K Then 6 Figures
As we’ve mentioned many times, it seems like everything moves much faster in the crypto space. Nothing could be more true than talking about the price action of Bitcoin. Just about a week ago we report, as did many crypto news
Bitcoin Volatility Reaches New Low
You don’t have to look far within the cryptocurrency space to find crypto traders complaining about the lack of volitity with Bitcoin. Afterall, Bitcoin’s ability to move sharply and quickly is a seasoned traders dream. Heck, you can find article after
Top Crypto Analyst Says LINK Can Be Bigger Than Bitcoin
Many of us in the crypto space love to make price predictions on Bitcoin and various altcoins. So, given the information we reported in our previous blog post about China’s BSN and Chainlink’s collaboration… read about that here. A popular crypto
Grayscale Buys 2/3rd of Newly Mined Bitcoin
Crypto fund investment manager, Grayscale Investment, is thought to have bought two-thirds of the entire mined Bitcoins in the past 100 days before Bitcoin halving that occurred on May 12th. A researcher named “parakite,” posted a message on Reddit saying from
Bixin Spends $66 Million Worth of Bitcoin in Funds of Funds
One of China's biggest cryptocurrency miners and custody operators, Bixin, has dedicated about 6600 Bitcoin, valued at about $66 Million to a proprietary Funds of Funds. The development is coming shortly before the Bitcoin halving, as different stakeholders in the industry