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Stock markets including the Dow and Nasdaq were hit with losses after U.S. President Trump announced a 10% increase in tariffs of about $300 billion worth of Chinese imports. Several retail stocks were also affected.
Bitcoin price adds 5% hitting $10,500 levels. Meanwhile, a new report from Delphi Digital describes current trends in the global economy that could serve as a catalyst that should propel BTC price even higher.
LedgerX has not yet launched the first physically settled Bitcoin Futures trading platform after the 180-day probation period with CFTC stating that lack of a decision does not constitute an approval.
Just recently, LedgerX came out saying that they have launched the first physically settled Bitcoin Futures trading platform. However, CFTC later commented that LedgerX hasn’t yet been approved by the commission.
Weaker USD may be good news for Bitcoin price which could pick up more because of the quarter-percent rate cut. The move has been seen as preventative by economists but could also be a catalyst for the next financial crisis.
Bitcoin had been in an uptrend for most of the day, and yesterday it managed to successfully pierce the $10,000 mark, which is generally considered to be a level of crucial psychological, if not technical, resistance.
Bitcoin derivatives provider LedgerX announced it has launched the first physically-settled bitcoin futures contracts in the U.S. The contracts, which pay traders out in Bitcoin, will be available to both institutional and retail investors.
The SEC is seeking quotes from contractors to run Bitcoin and Ethereum nodes on its behalf, in addition to “as many as possible of the following blockchains: Bitcoin Cash, Stellar, Zcash, EOS, NEO and XRP Ledger.” What they are hoping to find?
Apple Inc.’s (AAPL) sales grew very little, and its profit fell by 13% in its latest quarter. The company however projected revenue for the current quarter that topped analysts’ estimates. Apple’s stock jumped 4%.
Circle’s CEO Jeremy Allaire said that his company is doing everything to move its business outside the U.S. Without national policy framework about digital assets, he said that the U.S. will not be the leader anymore in this field.
The hacker exploited a vulnerability in the firewall web application on the AWS servers and extracted crucial files from the Capital One directory.
The Senate Banking Committee will hear arguments from Circle CEO and Co-founder, Jeremy Allaire on the digital currencies and the blockchain industry. Allaire hopes that a new regulatory framework will be adopted for the sector.
Apple (AAPL) is releasing earnings today and it’s one of the most anticipated reports of the season. Can the company curb its iPhone sales decline, and how will they approach the smartphone maturing industry moving forward?
Crypto analysts and experts expect a bright show for Bitcoin price in the future amidst the growing uncertainty in the global economy and several other factors.
Bitcoin futures contracts platform Bakkt is determined to launch its services in the third quarter of this year and gaining approval from the NYDFS would allow it to operate as a limited-purpose firm.