Resurgent Bitcoin Will Likely Shrug Off Long-Term Bear Cross
A bitcoin chart indicator is about to turn bearish for the first time since June 2018, but should have little effect on prices.
Kadena, a startup spun out of JPMorgan’s blockchain center, has taken a step toward its vision of creating interoperable, scalable public blockchains with a full launch Wednesday.
Tuesday's sharp rise looks to have put bitcoin on path toward the 200-day average at $9,100.
Bitcoin's bulls are showing signs of exhaustion, having engineered a speedy rally to $8,900.
"I have long held that, were cash invented today, it would be dismissed by policymakers, bankers and law enforcement as dystopian, absurd and dangerous."
Options on bitcoin futures from Chicago Mercantile Exchange got off to a good start on Monday, seeing trading volume reach 55 contracts in the opening session.