Equity markets and cryptocurrency markets alike plowed forward in 2017. Each market saw incredible gains throughout the year, especially cryptocurrencies. Unfortunately, that trend reversed in the beginning of 2018. Cryptocurrency markets started to see consistent losses, and even equity markets took a temporary tumble. Most equity markets saw better gains…
12 posts tagged
Futures
Famed Investor George Soros Plans to Invest in Cryptocurrencies
George Soros is a controversial investor who has gained both notoriety and success by making difficult decisions. He has historically been involved with the decline of major banks and has become a notable political investor. Despite recent negative remarks about cryptocurrencies, his $26 million family office has revealed that it…
Are the Winklevoss twins the first bitcoin billionaires? Debate ensues.
With the ups and downs of Bitcoin - and debate about its true value at even its highest highs, establishing the Winklevoss twins' net worth is a complex conundrum. From one second to the next, valuations of their digital assets can swing their combined overall net worth by millions of…
Futures Go-live as Bitcoin Prices near $17,000
The world’s largest future exchange, CBOE, launched a Bitcoin future product recently. So far, so good for Bitcoin: the current price is $16,938, states CoinMarketCap. This is up approximately 23% in the last 24 hours. Bitcoin is currently caped at $283 billion. In the first 2 hours, CBOE…
Cryptocurrency is a New Investment Media as Bitcoin Futures Rise
Chris Concannon, president of Cboe Global Markets, Inc., stated that offering bitcoin futures is a smart deal. It is a response to user demand and the belief that digital currencies will continue to grow worldwide. Cboe Global Markets Inc. is one of the three entities who will be offering bitcoin…
UK Financial Authority Warns Against Crypotocurrency Derivatives
Digital currency-based cryptocurrency is said to be a high risk investment. The Financial Conduct Authority (FCA), a British Regulator, cautioned investors about signing contracts for CFDs or contract for differences. The FCA warned investors about crypto-based CFDs. CDFs are high risk. Some of the risks include charges and funding costs,…