In the past, bitcoin displayed unyielding resilience against a slew of negativity, but now price action suggests that bulls are tired, exhausted and close to waving the white flag. Although the bias toward bitcoin is currently tilted to the downside, lessons of the past have taught investors how inherently volatile and erratic the cryptocurrency can be.
Trading Technologies International, Inc. (TT) and Coinbase have announced today a strategic partnership to provide professional cryptocurrency trading functionality and market access to the institutional trading world.
Chicago Board Options Exchange President expects the exchange to launch more cryptocurrency futures products within the near futures. Bitcoin futures reached their first settlement date last week, according to a report by Strategic Coin.
U.S. investors shrug off shutdown concerns; earnings season enters key period as 82 S&P 500 Companies prepare to report; ECB and BoJ monetary policy decisions eyed this week; bitcoin off to a rocky start again.
U.S. equity markets are seen reversing Thursday’s losses at the open on Friday, even as investors prepare for the first government shutdown since 2013 if the Senate doesn’t pass a temporary spending bill.
U.S. investors were left feeling a little anxious on Tuesday after indices wiped out the strong gains seen at the open to end the day a little lower, but these worries may be quickly alleviated with futures pointing to another positive open on Wednesday.