Ethereum (ETH) has had a tough year. In fact, it’s now down more than 70% since January 2018, and can’t seem to find its way. But, according to Bitcoin bull Tom Lee, it could be about to stage quite a breakout. Ethereum Breakout The last four times it lagged its peers that badly, by two standard … Continue reading “Fundstrat’s Tom Lee: Ethereum (ETH) Will Rally to $1,900 by 2019”
CBOE
Ethereum Pullback: Is it a Buying Opportunity?
For most of 2018, Ethereum (ETH) has fallen, and fallen, and fallen some more. In fact, since the year began, it fell from around $1,400 to less than $200. All as it was criticized for poor scalability issues, transaction delays, and as it fell prey to hacker attacks. For example, in June 2018, hackers stole … Continue reading “Ethereum Pullback: Is it a Buying Opportunity?”
Three Reasons to be a Cryptocurrency Bull Now
Things may not appear all that great for a cryptocurrency bull at moment. Former high-fliers now appear to be nothing more than duds, like Ethereum and XRP. But don’t let that scare you away from the market. There are reasons to be a bull, long-term For one, it’s essential to know that cryptocurrencies in its … Continue reading “Three Reasons to be a Cryptocurrency Bull Now”
CBOE to Launch Ethereum Futures Trading Option
The Chicago Board Options Exchange (CBOE) will launch Ethereum futures trading this year. The platform which launched Bitcoin Futures trading in 2017 is one of the largest exchange holding platforms in the world. The company has plans to base the Ethereum futures on Gemini and its underlying market Gemini is also the exchange used by … Continue reading “CBOE to Launch Ethereum Futures Trading Option”
An Essential Cryptocurrency ETF Decision is Two Days Away
The long-running Bitcoin ETF saga continues. In just two days, the U.S. SEC will issue its final decision on the ProShares ETF. Fingers crossed, investors are hoping for positive news. That’s because rejection could lead to another pullback in the market. Final Deadline for ProShares ETF However, there may be a chance of approval. This … Continue reading “An Essential Cryptocurrency ETF Decision is Two Days Away”
Bitcoin (BTC) ETN: The Next Best Opportunity?
Investors may not have the long-anticipated Bitcoin ETF they want. Though, U.S. investors now have an alternative – a Bitcoin ETN, or an Exchange Traded Note. While its listed and regulated in Sweden, the ETN, Bitcoin Tracker One is now quoted in U.S. dollars under the ticker CXBTF. It’s similar to buying an ADR, or … Continue reading “Bitcoin (BTC) ETN: The Next Best Opportunity?”
Tyler Winklevoss challenged Bill Gates to live up to his word to short Bitcoin
Bill Gates said he would short Bitcoin if it was possible, the Microsoft co-founder was challenged by Tyler Winklevoss to put his money where his mouth is. Bitcoin has always been criticized by big names and that’s nothing new. After Warren Buffet, Jamie Dimon and now Bill Gates. On CNBC’s Squawk Box he stated … Continue reading “Tyler Winklevoss challenged Bill Gates to live up to his word to short Bitcoin”