CBOE Trashing Bitcoin Futures Signals Crypto Market Bottom: Brian Kelly

Cryptocurrency investor Brian Kelly believes that the decision to drop bitcoin futures by the Chicago Board Options Exchange (CBOE) represents a watershed in the history of bitcoin, signaling that the crypto market’s longest-ever decline has finally found a bottom. BKCM Founder: CBOE Exit Shows Bitcoin Bear Market is ‘Exhausted’ Speaking on Tuesday’s edition of CNBC Fast Money, the BKCM Digital Asset Fund founder and CEO stated that he sees improvement in bitcoin address growth and market sentiment since December 2018 as evidence that the retail end of the bear market is “exhausted.” CCN recently reported that CBOE ditched bitcoin futures,

The post CBOE Trashing Bitcoin Futures Signals Crypto Market Bottom: Brian Kelly appeared first on CCN

News – CCN

Dow Jones, Bitcoin Price Rallies in Jeopardy as US Stock Market Sends Mixed Signals

The US stock market is taking an uneven path on Thursday morning, with the Dow suffering triple-digit declines while tech stocks rise. The cryptocurrency market is almost universally sour, however, as traders continue to wrestle with that is now the longest-ever bear market for the bitcoin price. Dow Risks Fall Back Below 25,000 The Dow had stomped to a monster 435 point gain on Wednesday as the stock market rode the wave of continued Federal Reserve patience on interest rate hikes, as well as positive earnings reports from major firms including Apple and Boeing. That bullish sentiment did not carry

Dow Jones, Bitcoin Price Rallies in Jeopardy as US Stock Market Sends Mixed Signals by CCN

News – CCN