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Could CME's futures market help Bitcoin bears?

One massive beneficiary of the upward trend this year in Bitcoin is long-only investors. By taking a positive view on the cryptocurrency looking into the future, they have ridden the coattails of the surge in Bitcoin's market price during 2017. One major reason behind this success in taking the long view with Bitcoin is that there is no effective way to short large amounts of Bitcoin as a bear in the market. Why is Bitcoin hard to short? At present, there is no easy or efficient way to short large quantities of Bitcoin. Although traders can technically try to do...

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Bitcoin Gold fights launch spam

The second major Bitcoin fork, the Bitcoin Gold (BTG) altcoin, quietly launched into an industry that was largely confused by the ongoing events surrounding Bitcoin Cash. Bitcoin Gold was largely shunned by the cryptocurrency community as a whole. As Bitcoin Gold is not directly affiliated with the original Bitcoin blockchain, the community felt that BTG was lacking the technical robustness that they have come to expect. Since that rocky start, however, the currency is now mineable. However, prices are yet to show the significant support from the community that Bitcoin would have been hoping for. Over the weekend, the currency...

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What's causing Bitcoin volatility?

It's been an eventful few weeks for Bitcoin. After several weeks in which the cryptocurrency broke one record after another, there have been signs of corrections and profit-taking in recent days. At one point, Bitcoin lost one-third of its value before making up almost all of the losses the following day. This fast-moving unpredictability makes the cryptocurrency a high-stakes but exciting investment for traders who are willing and able to take the risks. For everyone else, it's worth taking a little time to understand what has been causing these volatile swings before trying to draw conclusions about what they actually...

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A big weekend for Bitcoin Cash

It was off to the races with Bitcoin Cash (BCH) this weekend after the failure of the SegWit2x hard fork to launch. Speculative funds and the appetite for possible free tokens pulled money away from Bitcoin (BTC), although the combined market cap of the two coins stayed roughly the same. BCH reached a high of $2,800 before dropping 60% to $1,110, just in case the 10% swings in Bitcoin were getting a little boring (at one point Bitcoin was down as low as $5,500 after its recent $7,000-plus heights). BCH is hovering and rising slightly, currently just under $1,300, but...

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Dash surges despite the crypto market's turmoil

It’s been a difficult week for cryptocurrencies. While Bitcoin and Bitcoin Cash have been stealing all of the limelight, Dash has experienced an incredible surge in the large 24 hours. Early on, the digital currency had a value of $319 each. In less than 12 hours, the price had surged to a staggering $520 before settling at $460 by the end of the day. With a gain of over 60%, Dash stood out as one of the day’s biggest gainers; but why? While Bitcoin’s SegWit2x upgrade was being put on ice, Dash had already begun to activate a similar block...

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