November 2017

First Long-Term LedgerX Bitcoin Option Pegs Price at $10,000

First Long-Term LedgerX Bitcoin Option Pegs Price at $10,000 LedgerX just initiated its first long-term bitcoin futures option. Called a Long-Term Equity Anticipation Security (LEAPS), the trade was matched by the platform this morning and is set to expire on December 28, 2018. Under the terms of the deal, the buyer has the right to […]

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3 Reasons the Bitcoin Price Hit $8,000 Today

3 Reasons the Bitcoin Price Hit $8,000 Today The bitcoin price touched the $8,000 mark on Friday morning (or Thursday night, depending on your time zone), enabling the flagship cryptocurrency to check another milestone off its to-do list before it reaches five-figure territory.   Bitcoin Price Touches $8,000 Just days prior, the bitcoin price had […]

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Bitcoin Breaks Through $8,000 Following Massive Head Fake

Bitcoin Breaks Through $8,000 Following Massive Head Fake Bitcoin just surmounted the $8,000 level, topping out at $8,020 on Bitfinex before retreating to $7,900 at press time. By now, reading about Bitcoin’s breach of its previous high might be getting repetitious, so strong has the currency’s bull run been. This time is an exception, though, […]

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Morgan Stanley chief says bitcoin ‘doesn’t quite deserve the attention it’s getting’

Morgan Stanley chief says bitcoin 'doesn't quite deserve the attention it's getting' Morgan Stanley Chairman and CEO James Gorman said bitcoin is getting more attention than it might deserve He said the cryptocurrency is the "definition" of a speculative investment, and anyone thinking it might be stable is "deluding themselves" But Gorman acknowledged that bitcoin's […]

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Won’t Let Bitcoin Go to Zero – CME Chief Quells Fears Ahead of December Bitcoin Futures Launch

Won’t Let Bitcoin Go to Zero – CME Chief Quells Fears Ahead of December Bitcoin Futures Launch Bitcoin futures contracts are scheduled to launch in one month on the world’s largest derivatives exchange, and market analysts have nothing to fear. That’s according to Terry Duffy, chairman and CEO of the Chicago-based CME Group, which will […]

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Bitcoin Cash Hard Forks In Bid to Ease Mining Difficulties

Bitcoin Cash Hard Forks In Bid to Ease Mining Difficulties Bitcoin cash appears to be successfully navigating a planned hard fork. At press time, the majority of the network nodes (roughly 82 percent) have transitioned to new software (version 0.16.0 or later) that includes rules aimed at making the protocol's reward distribution more attractive to […]

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Bitcoin Plunges 29% From Record High

Bitcoin Plunges 29% From Record High Offshoot called bitcoin cash is luring users amid tech debate Bitcoin’s jump this year has attracted Wall Street’s interest Citigroup Inc. CEO Michael Corbat shares his thoughts on digital currencies. Bitcoin plunged as the cancellation of a technology upgrade prompted some users to switch out of the cryptocurrency, spooking […]

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Bitcoin Gold Launches Today

Bitcoin Gold Launches Today After weeks of preparation, Bitcoin Gold (Bgold; BTG) is finally launching today, November 12, 2017.   Bitcoin Gold is the second project to fork away from the Bitcoin blockchain to create a new coin this year; on August 1, Bitcoin Cash (Bcash) was the first. Where Bcash attempted to offer an […]

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Bitcoin price – Cryptocurrency plummets $1000 ahead of bitcoin gold split

Bitcoin price – Cryptocurrency plummets $1000 ahead of bitcoin gold split BITCOIN prices took a blow today, falling below £5,328.46 ($7,000) just days before a planned software update will release bitcoin gold. Bictoin prices fell by £761.21 ($1,000) in just over 48 hours after strong performance at the start of the week. The crypto token […]

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Bitcoin Gold Sets Sunday Date for Cryptocurrency Release

Bitcoin Gold Sets Sunday Date for Cryptocurrency Release Bitcoin gold is set to go live this weekend. In a new blog post, the developers behind the fork of the bitcoin blockchain said that they would release a formal software client for download at 7:00 PM UTC on Nov. 12. Originally set for a public launch […]

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