The U.S. Commodity Futures Trading Commission (CFTC) has approved a new bitcoin derivatives trading platform. Bitnomial Exchange will list margined and physically delivered bitcoin futures and options. Besides Bitnomial, the CFTC has only approved a handful of other platforms to offer bitcoin derivatives trading, such as CME, Cboe, and Bakkt. CFTC Approves New Bitcoin Derivatives […]
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Bitcoin has gained back the $200 it lost yesterday. At press time, the currency is trading for just under $7,100. Nothing huge, but that’s still better than yesterday’s “high” of $6,900. The major sentiment is that the alleged death cross has failed; bitcoin’s level of resistance has strengthened, and the low points are possibly over and done with. One source suggests that bitcoin’s ongoing slumps may finally be at an end, and recovery is on the way. Additionally, while the price has shown major vulnerabilities to newfound market trends and news stories, trading and popularity amongst cryptocurrencies in major hubs