|Day's Range||303.14 - 307.38|
|52 Week Range||73.83 - 643.08|
|Volume (24hr) All Currencies||254.68M|
Bitcoin Cash head honcho Roger Ver has revealed plans to launch a BCH derivatives market alongside the newly-launched Bitcoin.com exchange. According to Bloomberg, who spoke to the exchange's chief executive David Shin, the launch of new financial products is a way of increasing the trading volume of Bitcoin Cash to make it comparable with Bitcoin itself. "Within a year, I want to make that the second- or third-largest market cap," Shin said. "To get from No. 4 to No. 3 or No. 2, we have to see more volume." In terms of the exchange, there are currently plans to list BCH futures on a CFTC-regulated market to increase interest from institutional traders. Bitcoin Cash is digital gold that we canThe post Roger Ver plans to launch Bitcoin Cash derivatives platform appeared first on Coin Rivet.
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Bitcoin.com, the firm backed by cryptocurrency investor Roger Ver, is preparing to launch a futures contract for bitcoin cash (BCH), currently the world’s fourth-largest cryptocurrency by market capitalization.The post Roger Ver’s firm preparing to launch derivative for bitcoin cash appeared first on The Block.
Paying for goods and services has been present since the early ages of human civilization. Although the idea is still the same, the methods of payment have undergone severe changes.
It’s a bearish start to the day for the majors. Bitcoin will need to steer clear of sub-$10,000 levels for the broader market to avoid another day in the red…
Since the start of September, Bitcoin Cash (BCH) has been attempting to recover from a substantial downtrend that hit the entire cryptocurrency market hard over the summer. At the time of writing, Bitcoin Cash is trading at around $306, gaining about 3% since last week when it was trading at $296. BCH has now rallied about 15% since the start of the month after recovering from a drop down to $270 towards the end of August. Will BCH continue to consolidate or start a new trend upwards? Looking at the chart above, we can see that the price of BCH recovered during early August before crashing twice towards the middle and end of the month. Unfortunately, the gains of earlyThe post Latest Bitcoin Cash price and analysis (BCH to USD) appeared first on Coin Rivet.
Japanese messaging giant LINE has just received a license to operate the cryptocurrency exchange business in the country. Japan’s Financial Services Agency (FSA) granted the license to LINE’s blockchain unit LVC Corporation on Friday.The post Japanese messaging giant LINE wins crypto exchange license from regulator appeared first on The Block.
It’s back into the red for the majors. Late morning moves through to key levels would deliver another solid day for the pack.
After another solid day for Bitcoin and the broader market, it’s a bearish start to the day. A Bitcoin move through to $10,570 would signal another rally.
It’s a mixed start to the day for the majors. Off the back of a particularly bearish August, another day of heavy losses could spell trouble for the bulls.
The bears remain in control as the majors eye the prospects of a 3rd consecutive day in the red. Bitcoin et al will need a miracle to reverse August’s losses.
Bernard Arnault, chairman and CEO of luxury goods brand Louis Vuitton (LVMH), has denied media reports that he had set up a firm in Belgium to invest in cryptocurrencies.The post Louis Vuitton boss Bernard Arnault denies setting up a firm in Belgium to invest in crypto appeared first on The Block.
It’s back in the red for the majors after Wednesday’s sell-off. Late support from Wednesday failed to spill over, which will be a test today…