Forex Consulting

Here are how the Bitcoin futures circuit breakers work

Bitcoin is down 15% Bitcoin is trading around 15% lower, depending on the exchange. It’s fallen below $13,000, which is only back where it was on November 3. But it’s trading on futures exchanges right now and the rules on the CME are that the contract can’t fall more than 20%. Now, there isn’t much…

Forex Consulting

China’s bitcoin crackdown raises cryptocurrency demand

This via HK press: China’s bitcoin crackdown raises cryptocurrency demand as they move to peer-to-peer platforms – Bitcoin trading is booming in China – Despite an official clampdown on centralised exchanges, Oh man. When Chinese officials say “This warrants further attention”, you just know that means things are not looking good 😀 Copyright 2015 Forexlive.com