A Massive Losing Bet on Bitcoin Futures Has Investors Buzzing

A Massive Losing Bet on Bitcoin Futures Has Investors Buzzing

"A huge wrong-way bet on Bitcoin has left an unidentified futures trader unable to cover their losses, putting counterparties at risk and threatening to dent confidence in one of the world’s largest cryptocurrency venues."

_{Read more: www.bloomberg.com}

More news sources

Bitcoin Price Won’t Hit a New High [This Year]: Trader

It’s possible that the bitcoin price has found a bottom, but that doesn’t necessarily mean that it’s headed for a new all-time high before the end of the year. That’s according to Tuur Demeester, an economist and bitcoin trader, who argues in a ne...

_{Read more: www.ccn.com}

Yenom Launches Bitcoin Cash Library Implemented in Apple’s iOS-language Swift

This week the developers of the Bitcoin Cash-centric mobile wallet called Yenom have introduced a new Bitcoin Cash Kit (BCK) for BCH developers. The BCK is a Swift implementation of the BCH protocol and the first library (lib) for iOS which represents an ...

_{Read more: news.bitcoin.com}

Other hot crypto news today

• If bitcoin doesn't hold this key level, a 'collapse' could be imminent: Technician
• UBS: Bitcoin Must Hit $213,000 to Replace US Money Supply
• Bitcoin Needs to Hit $213000 to Replace Money Supply, UBS Says
• In an Apparent First, High Times to Accept Crypto in Its Initial Public Offering
• Philippines Securities Regulator Issues Draft of ICO Rules, Requests Feedback From Public
• BitBay Partners With German Firm to Enable Equity Token Trading with Fiat Currencies
• Bitcoin is still too 'unstable' to become mainstream money, UBS says
• BTC Trades Sideways, Other Top 20 Coins See More Notable Losses
• Recent Walmart Patent Application Describes Blockchain-Managed Smart Appliances

_{Follow me @cryptonized for the latest cryptocurrency news...}