Bitcoin to top $50,000 next year – Trader

In the latest development, report reveals that a trader makes a million-dollar bet that bitcoin will triple next year. According to the source, the trader betted that bitcoin will top $50,000 next year.  Online records from New York-based digital currency-trading platform LedgerX showed 275 call options expiring Dec. 28, 2018, were bought in Wednesday’s trading … 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