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Tag Archives: bitcoin news

Crypto Market Drops $5 Billion as All Major Coins Take Price Hit

Today, cryptocurrencies are seeing price weakness across the board, with virtually all of the top 100 coins by market cap tipping into the red. Top ten coins have lost between 3 and 7 percent on the day. Bitcoin (BTC) is down about 4 percent on the day to press time, …

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CBOE Analyst Ed Tilly says Lack of ETNs Keeps Wall Street Away From Bitcoin

Recently news broke that cryptocurrency index fund provider Bitwise Asset Management has connected with the United States Securities and Exchange Commission (SEC) to dispatch another Bitcoin exchange trade exchanged reserve. Ed Tilly, CEO, president, and director at the Chicago Board Options Exchange (CBOE) announced that there is a requirement for Bitcoin (BTC) trade …

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Traditional Investors Step In Bitcoin Trading at Strong Correlation with Gold Reports WSJ

In recent days, Bitcoin (BTC)’s correlation with traditional assets markets has been high published by a Wall Street Journal (WSJ) article today. The United States equity market volatility for a benchmark index moreover, Bitcoin has traded at a 0.77 correlation to the Chicago Board of Options Exchange’s Volatility index (VIX). The Wall Street …

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Erik Finman Teen Bitcoin Millionaire says ‘Bitcoin Is Dead’ in the Long Term

Youngster crypto star Erik Finman has said Bitcoin (BTC) “may have a positively trending business sector or two remaining in it,” yet that “long haul, it’s dead,” in an interview with money related news site MarketWatch on Dec. 17. Finman is well known for his precocious investment in Bitcoin in 2011, when he purportedly purchased in …

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