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Tag Archives: bitcoin

CFTC Chairman: Bitcoin Futures Helped Cryptocurrency Market Achieve ‘More Sustainable Level’:

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Just days later, the yearlong bitcoin price rally stalled, and the flagship cryptocurrency — followed soon after by the wider market — entered a decline that has continued throughout 2018. According to researchers at the San Francisco branch of the Federal Reserve, the bitcoin futures launch triggered the decline, as …

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Bitfinex Suspends Fiat Deposits amid Bitcoin Selloff

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The Block, the British Virgin Islands-based but Hong Kong-operated exchange has “temporarily paused” EUR, USD, JPY, and GBP wire deposits, although screenshots from customer accounts circulated on social media suggest that the situation should “normalize within a week.” Per The Block, Bitfinex was actually banking at Bitfinex through a private …

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Hedge Fund Mgr. says, Bitcoin Will see $10,000 raise in its Value this Year

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Spencer Bogart, a partner at cryptocurrency and blockchain venture firm blockchain Capital, predicted a bullish retracement for bitcoin and the rest of the cryptocurrency market on CNBC’s “Fast Money.” According to him, the recent week’s development in crypto-market could be the main reason why “Bitcoin is close to bottoming.” The …

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