Bitcoin Futures Predictions Volumes Grow

Over the past few months, the Chicago Board of Exchange (Cboe) and the Chicago Mercantile Exchange (CME Group) have been selling bitcoin-based futures products. Predictions have been dull as most forecasts are around the $9-9.4K USD range for bitcoin derivatives using both firms’ futures data. On the other hand, crypto-derivatives trade volumes have been increasing. Also … Read more

Binance Is Launching Its Own Blockchain

In an era in which there’s a blockchain for everything and everyone is launching a blockchain, it’s not surprising that a cryptocurrency exchange should get in on the act. It’s even less surprising that Binance should be the platform to do so. The ambitious exchange, buoyed by record profits and substantial goodwill within the crypto … Read more

Openbazaar Raises $5M from Investors Including Bitmain

On Tuesday, March 13, OB1, the company building the cryptocurrency-centric marketplace Openbazaar, has announced it has raised $5 million USD in a recent series A funding round. According to the startup, Omers Ventures and Bitmain Technologies were the lead investors in the funding round for the e-commerce marketplace. Also Read: Survey Finds South Korean Youth the … Read more

Bitcoin Price Watch: Breaking $10K is Proving Difficult

At press time, bitcoin is trading for approximately $9,130 following a long week of volatility exploits and price drops. The cryptocurrency has been experiencing massive swings between the $8,900 and $9,500 range, and it’s unclear if or when bitcoin will decide to settle before another respective run. Just over a week ago, bitcoin was trading … Read more

Global Cryptocurrency Volume Down 75% from January High

As global cryptocurrency markets continue to slide from elusive January highs, it’s becoming increasingly evident that the next “boom” may be further away than many had anticipated. Bitcoin’s price is down nearly 50% from its local January 7 high of US$17,000, and other altcoins have seen average losses of about 60% in that same time frame. While … Read more

The Role of Blockchain in the Food Supply Chain

The number of use cases for blockchain technology is a lot greater than most people imagine. Outside of the financial sector, there are dozens of opportunities waiting to be explored. OriginTrail, for example, is currently working on integrating data from forensic laboratories on the blockchain. It’s an interesting venture, although it remains to be seen how … Read more