Category: Bitcoin

The Chicago Mercantile Exchange, or CME, has unveiled plans to launch a new Bitcoin (BTC) derivatives product that will enable traders to speculate on fractional units of the flagship digital currency. CME Group’s Micro Bitcoin futures contract, which is set to launch May 3 pending regulatory approval, will be worth 0.1 BTC. The smaller contract

The price of Bitcoin (BTC) saw a correction in the run-up to the record options expiry last Friday. However, nothing happened despite some expecting a massive move on the same day. The actual correction occurred before the event. On the day itself, Bitcoin’s price has bottomed out and began to rally. The ongoing rally above

As the Bitcoin (BTC) price edges closer to $59,000, its value relative to gold is approaching new all-time highs, possibly hinting at the emergence of a new preferred store of value. Measured against gold, Bitcoin’s price reached 34.94 ounces on Tuesday. The BTC-gold comparative peaked at 35.35 ounces on March 13 as Bitcoin surged past

America’s oldest bank BNY Mellon has compared Bitcoin to gold, and cited the controversial stock-to-flow (S2F) model that puts a $288,000 price tag on BTC in 2021. In a new evaluation report that has since been taken down, the historic bank says that the flagship cryptocurrency’s supply and demand dynamics mirror that of the yellow

Bitcoin (BTC) has produced phenomenal returns most years, but when it comes to maximizing them, it’s best just to buy and hodl. That was the conclusion from new data circulating on social media this week, which casts serious doubt on the merits of following investment advice from mainstream media. Don’t believe the hype? Under the

What are the benefits of automated trading in the current market — and can they help mitigate volatility in unpredictable times? Our guide explains all.

Mayor of Miami Francis Suarez believes Bitcoin should be mined predominantly in the United States, specifically in his city. In a new Unchained Podcast interview with Laura Shin, Suarez argues that turning the second most populous city in Florida into a Bitcoin mining hub would serve the national security interests of the US. “A part

Another day of gains for Bitcoin (BTC) has seen the price of the largest crypto by market capitalization go beyond the $1.1 trillion mark — $1.105 trillion to be precise. This market capitalization growth now means that Bitcoin’s market size has surpassed Canada’s M1 money supply which stands at $1.104 trillion according to data from

Galaxy Digital founder Mike Novogratz believes that $1 trillion dollars are about to be injected into the crypto sector. In a Reuters Digital Assets Week interview, Novogratz says that as traditional financial institutions begin to offer cryptocurrency products, Baby Boomers, or those currently between 55 and 75 years old, could start dabbling in the space

On March 29, the Iowa House of Representatives passed a bill that seeks to legally recognize transactions and registrations made via blockchain smart contracts. The bill — SF541 — gained Senate approval earlier in the month. Under the auspices of the new bill, smart contracts would be given the same legal status as regular contracts,