NASDAQ to launch Bitcoin Futures in 2019

NASDAQ to launch Bitcoin Futures in 2019

Nasdaq Inc. is still planning to launch its Bitcoin futures early next year, Bloomberg reported early this morning. Two individuals familiar with the Bitcoin project told Benjamin Bain, a reporter at Bloomberg, that despite the downturned market the index still plans on offering these contracts. Bitcoin Futures Bitcoin (BTC) has plunged nearly -75% since the…

Tom Lee Sticks by His $15,000 Bitcoin (BTC) Price Prediction Despite Falling Market

Tom Lee Sticks by His $15,000 Bitcoin (BTC) Price Prediction Despite Falling Market

Tom Lee, the long-standing Wall Street crypto bull, is sticking to his $15,000 year-end price prediction for Bitcoin (BTC). The Fundstrat Global Advisor voiced his prediction on CNBC’s ‘Squawk Box’ yesterday. Tom Lee and Bitcoin (BTC) Bitcoin just recently fell to its lowest levels in more than a year yesterday, but Lee remains convinced. Originally, Lee…

Morgan Stanley Classes Bitcoin as an Asset

Morgan Stanley Classes Bitcoin as an Asset

Global investment bank Morgan Stanley has given Bitcoin bulls something to cheers about. The institution has stated that it classes Bitcoin as an institutional investment class. (And the day after Bitcoin’s birthday… how thoughtful) What this means is that it recognizes Bitcoin as a type of asset similar to shares, property, bonds, cash, or commodities.…