We are just a few days in 2020 and some wild predictions for the future Bitcoin price have already started kicking-in.
Just recently on January 13, 2020, an online marketplace for purchasing and selling gold and precious metals called OneGold, announced a partnership with BitPay.
Craig Wright has recently submitted new documents to the court. It should be noted that judging by the court’s mood, it definitely aims to put an end to the story soon.
Experts note high anticipation among market participants for the launch of CME Group Bitcoin options trading.
PNC Financial analyst Amanda Agati said that it would be too early to get defensive anytime soon. She added that the market has some more potential left and can give 10-15% modest gains in 2020.
The launch of the FTX Bitcoin options offering can be viewed as a new boost for the entire market.
The BTC/USD is only bullish when it is trending past the level of $7,700, the critical resistance is situated at the levels of $8500 and $8,800.
Bitcoin is not perfect but it does have certain plusses that are not available with physical currencies and are very beneficial to users.
Two of the many plaintiffs suddenly changed their minds and withdrew their claims without any visible reasons.
BitPay’s Sonny Singh has forecasted that Bitcoin will hit $20,000 in 2020 but not because of the upcoming halving as many experts believe. Singh has offered another vision.
CME Group is to launch options on BTC futures in response to the growing interest in cryptos and customer demand for tools to manage Bitcoin exposure.
After the robust beginning of January, the BTC has been correcting for two days already. It is now trading at $7932.00.
Just yesterday, the Binance Futures platform announced its fifth perpetual contract, pairing EOS with Tether’s USDT. And today it’s time for the sixth one.
Kelly Loeffler, the former CEO of Bakkt and Georgia’s newest Senator, is also assigned to serve on the Senate Agriculture Committee with the Commodity and Futures Trading Commission (CFTC).
As Iran attacked U.S. troops in Iraq, Bitcoin has added 5% to its value in the last 12-hour trading period and 15% from the beginning of the year.