From around 14:00 UTC on July 10, Bitcoin fell $962 from its previous price in a little over an hour, landing just above the $12,000 psychological support before another wave of sellers dragged it to a peak low of $11,445.
Both the European and Asia branches of Fidelity International are exploring the perception of customers towards cryptocurrencies via a newly launched trading simulator specifically designed for digital assets.
CME Group allegedly decided to make changes to its reference rate and index tied to Ethereum. Their sources say it could mean a future tied to the crypto is coming to its marketplace.
The CME Group has seen a massive surge in open interest for Bitcoin Futures contracts that also hints towards rising institutional participation.
Binance decided to enable futures trading. At the Asia Blockchain Summit in Taipei, Changpeng Zhao, founder and CEO of the exchange, showcased a futures trading interface on Binance with features including longs and shorts on crypto assets.
Coinbase, a cryptocurrency exchange recording over $1 million Bitcoin trading volume, experienced a few minutes site crash. Bitcoin price concurrently plunges afterward within a period of 24 hours.
Yesterday BitMex reported on Twitter that it hit a record in daily volume as Bitcoin went pass $13,000. BitMex, which is a leading Bitcoin derivatives trading platform, topped $16 billion in volume across its products.
The Commodity Futures Trading Commission (CFTC) cleared Bitcoin derivatives provider LedgerX to offer physically settled BTC futures contracts to institutional and retail customers.
As ICE Futures Exchange opens its Bitcoin Futures interest, CME concurrently soars in what appears to be a four day all-time high in a row.
Here’s how the analysts are predicting higher targets for Bitcoin price based on the strengthening technical charts, growing fundamentals, and higher institutional participation.