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ON THE MONEY: What exactly is bitcoin? Simply stated, bitcoin is digital "currency" that has no intrinsic value such as gold or silver, and the only reason that it is now being widely used in worldwide internet transactions is that buyers and sellers are willing to accept it as a medium of exchange. You should think of it as a crypto-currency.
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Bitcoin futures launch sparks excitement, warnings "Bitcoin bonanza takes hold of world markets," proclaimed the front page of the Times of London on Friday, reporting on the latest record price of the digital currency. Among those cheering the launch are the Winklevoss twins, who have been called the first bitcoin billionaires. Critics include financial ...
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Price Analysis, December 09: Bitcoin, Ethereum, Bitcoin Cash, Ripple, Litecoin, Dash After three large range days, the digital currency is forming an inside day candlestick pattern. I believe that the first few hours of futures trading are likely to be very volatile. It is difficult to predict, which way will the prices move. We can only keep certain levels in mind and work with them once the volatility ...
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