Day: December 22, 2018

How Have Bitcoin Futures Performed One Year On?

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This time last year, the market was abuzz with excitement as CBOE’s XBT futures contracts and CME Group’s bitcoin derivatives products launched for the first time. There is no doubt that BTC futures trading has given some legitimacy to the asset class. Fast forward one year and there has been slow growth due to the market downturn, but overall demand for products is increasing. Also Read: Nasdaq Confirms Plans to Launch Bitcoin Futures in First Half of 2019 High Margin Requirement Reduced Demand  CBOE and CME are Chicago’s largest derivatives…

Following Crypto Mining Crash, GPU Producer Nvidia Worst Performer in S&P 500

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The drastic decrease in crypto mining profitability has hit graphics processing unit (GPU) producers like Taiwan-based Nvidia hard. In Q4 2018, the firm experienced a massive sell-off of its shares, cutting the stock price by 54 percent and making it the worst performer in the S&P 500, CNBC reports on Dec. 21. From 2016 to September 2018, Nvidia’s market value markedly increased from $14 billion to $175 billion as demand for its GPUs in artificial intelligence (AI) and cryptocurrency mining grew. In May, the firm reported its profits from crypto…

Bitfinex Crypto Exchange Launches Margin Trading for Stablecoin Tether

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Hong Kong-based cryptocurrency exchange Bitfinex has introduced margin trading for stablecoin Tether (USDT), according to a blog post published Dec. 21. Bitfinex has launched margin trading for the USDT/USD pair, which would purportedly lead to more efficient price discovery and enable users to hedge the exposure taken on stablecoins. Along with a dedicated lending market, USDT will be available as collateral for margin positions, the post further reads. While stablecoin margin trading is currently limited to USDT/USD, the exchange is planning to introduce margin trading for some other stablecoin pairings…

Learn About the BCH Network With Bitcoin.com’s ‘Mastering Bitcoin Cash’

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At Bitcoin.com, our web portal hosts a developer section aimed at providing Bitcoin Cash (BCH) developers with the resources and tools to program killer applications using the BCH protocol. The developer.Bitcoin.com section has now added an educational resource for newcomers and veterans called Mastering Bitcoin Cash. The documentation offers a comprehensive overview of BCH basics and technical operation of the protocol. Also read: How to Spend and Give Bitcoin Cash Over the Holidays Mastering Bitcoin Cash: A Lesson on the Most Innovative Technology of Our Time The developer.Bitcoin.com section of our…

Learn About the BCH Network With Bitcoin.com’s ‘Mastering Bitcoin Cash’

boss

Promoted At Bitcoin.com, our web portal hosts a developer section aimed at providing Bitcoin Cash (BCH) developers with the resources and tools to program killer applications using the BCH protocol. The developer.Bitcoin.com section has now added an educational resource for newcomers and veterans called Mastering Bitcoin Cash. The documentation offers a comprehensive overview of BCH basics and technical operation of the protocol. Also read: How to Spend and Give Bitcoin Cash Over the Holidays Mastering Bitcoin Cash: A Lesson on the Most Innovative Technology of Our Time The developer.Bitcoin.com section of…

CNBC Trader: Bitcoin (BTC) In “No Man’s Land,” $3,000 Likely

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Bitcoin (BTC) In “No Man’s Land,” Exclaims CNBC Trader CNBC’s “Futures Now” segment recently brought on Jeff Kilburg, the CEO of KKM Financial, and Jim Iurio, a broker at TJM Institutional Services, to discuss the recent uptick in buying pressure for Bitcoin (BTC). For those who missed the memo, within a week’s time, BTC, which found a year-to-date low at ~$3150 last week, has recovered to the $4,000-$4,100 range. Analysts have been unable to discern whether this seeming “relief rally” was catalyzed by fundamental catalysts or pure technicals. Some commentators, like Alex Kruger,…

CNBC Trader: Bitcoin (BTC) In “No Man’s Land,” $3,000 Likely

boss

Bitcoin (BTC) In “No Man’s Land,” Exclaims CNBC Trader CNBC’s “Futures Now” segment recently brought on Jeff Kilburg, the CEO of KKM Financial, and Jim Iurio, a broker at TJM Institutional Services, to discuss the recent uptick in buying pressure for Bitcoin (BTC). For those who missed the memo, within a week’s time, BTC, which found a year-to-date low at ~$3150 last week, has recovered to the $4,000-$4,100 range. Analysts have been unable to discern whether this seeming “relief rally” was catalyzed by fundamental catalysts or pure technicals. Some commentators, like Alex Kruger,…