Sell the News? Bitcoin Price to Test $20k Ahead of CME Launch

Sell the News? Bitcoin Price to Test $20k Ahead of CME Launch: The upside move in bitcoin has gathered traction this weekend as investors brace up for BTC futures launch by the CME. As per CoinDesk’s Bitcoin Price Index (BPI), the world’s largest cryptocurrency by market capitalization rose to a new all-time high of $19,783.06 … Read more

2018: The Year Central Banks Begin Buying Cryptocurrency

2018: The Year Central Banks Begin Buying Cryptocurrency – Behind closed doors, G7 central banks are sluggish traders that buy and sell the same foreign currencies, marketable securities, special drawing rights (SDR) and gold day in and day out. Central bank traders follow the investment policy enforced by the executive committees with specific asset allocation … Read more

Japanese Investors Increasingly Switching From Traditional FX Trading to Bitcoin

Japanese Investors Increasingly Switching From Traditional FX Trading to Bitcoin: Report reaching us has it that a growing number of Japanese retail investors are switching from leveraged FX trading to leveraged cryptocurrency trading, thus driving the crypto market, according to a recent Deutsche Bank’s research. Operators of Japan’s largest FX platforms are launching their own crypto … Read more

Why I Would Bet Against Bitcoin

Why I Would Bet Against Bitcoin: I am not one of those economists who has been looking down his nose at Bitcoin from the start. As I argued back in 2013, I think the condescension that some economists bring to the topic of Bitcoin is an instinctive dismissal of anything with a whiff of anti-central … Read more