Bakkt Goes Live With First Trades But Bitcoin Fails to Hold 10000

Bakkt Goes Live With First Trades But Bitcoin Fails to Hold $10,000 The long awaited Bakkt Bitcoin futures contracts went live a few hours ago but the response so far has been underwhelming. Bitcoin briefly topped out over $10k but has failed to hold that level as trading in Asia got underway.   8 BTC […]

Bitcoin – 0 or 100000?

Bitcoin – $0 or $100,000? Bitcoin has long toiled in obscurity. Despite the cryptocurrency now being valued at some $180 billion — the size of a large Silicon Valley firm — it is still relatively small in the grand schemes of things. Yes, it is one of the largest base monies in the world, but […]

Market speculators hold net short positon of Bitcoin futures

Market speculators hold net short positon of Bitcoin futures WASHINGTON, Sept. 20 (Xinhua) — Data from the U.S. Commodity Futures Trading Commission on Friday showed that market speculators held net short position of Bitcoin futures this week. For the week ending Tuesday, non-commercial investors, commonly treated as market speculators, held a net short position of […]

Bitcoin Dumps 5 In An Hour As Predicted Slide Begins

Bitcoin Dumps 5% In An Hour As Predicted Slide Begins Following a week of consolidation in an ever tightening channel Bitcoin finally made its move today. Many had been predicting it would be to the downside and they were correct as the king of crypto slumped 5% in an hour plunging back into the mid-$9,000 […]