Dogecoin rallied last week almost touching BTC high from January 2017. No other top crypto has done that yet. This is likely a response to the upcoming Dogethereum. But one has to wonder if it Doge isn’t acting as a canary in an altcoin gold mine.
According to Business Insider’s inside sources the CBOE futures exchange is planning on launching Ethereum futures in 2018 and are just waiting on clarity from the Futures Trading Commission (CFTC).
You can now buy and sell Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) on Yahoo Finance.
Bear market aside, Bakkt, Coinbase Custody, and Coinbase Wallet are a few examples of products helping to bring cryptocurrency mainstream. In simple terms, these three products are kind of a big deal and could have a major positive effect on the cryptocurrency space in the coming months.
By launching the Coinbase Wallet app for IOS and Android, Coinbase just essentially added every Ethereum-based asset (all tokens and DApps). After-all, with Coinbase and Coinbase wallet you can shift between cash and all Ethereum-based tokens and access any DAap.
Coinbase Wallet (previously called Toshi) is an app that lets you manage Ethereum-based tokens and access DApps.
After rallying over Bitcoin ETF hopes in July, and then crashing over ETF fears in August, the market didn’t even flinch as the SEC rejected 9 Bitcoin ETFs at once on August 22nd.
It is tempting to blame Bitmex and Bitcoin futures for drops in crypto prices, as both give traders a way to make money pushing the price of crypto down. But is that a valid view?
Move over CryptoKitties and watch your back Magic the Gathering. A card from the upcoming Gods Unchained, which uses Ethereum’s network to record the ownership of cards, just sold for $60,000.
On August 21st Bitmex had a scheduled outage, meanwhile BTC shorts were near a 2018 high. That setup was apparently too tempting for someone(s), as the market pumped like crazy the second Bitmex went down. The result was Bitcoin went from $6.4k to $6.9k.
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