Bitcoin Price Spikes in Argentina, Hong Kong

Data gathered by Bloomberg reveals that, despite a recent global drop-off in cryptocurrency price, bitcoin is attracting investment from Argentina and Hong Kong. The report, published on August 13, 2019, examined the value of bitcoin trades on various cryptocurrency exchanges, including LocalBitcoins.com, claiming that bitcoin has been trading at a 4 percent premium in Hong…

With MoonRekt, You Can "Play" Bitcoin Price Action

Hxro, the company behind the crypto price prediction game MoonRekt, has announced an update to the platform that expands its wager offerings by adding bitcoin. The gaming startup announced that MoonRekt will now allow players to play with and get paid in bitcoin, per a press release. The game lets people “play” bitcoin price action…

Bakkt Sets September Launch Date for Bitcoin Futures

Bakkt has announced that it will be launching its bitcoin futures trading platform in September 2019. In a blog post published on August 16, 2019, the cryptocurrency trading company announced that its long-anticipated futures product will be going live on September 23, 2019, following approval to create a qualified custodian trust company from the New…

Crypto Exchange CGEX Will Shut Down in September

CGEX, the Malta-based crypto exchange opened by South Korean Coinone, will shutter its services next month. The exchange posted a termination notice late last week, saying that it would terminate all of its services on September 18, 2019. Coinone established CGEX in October 2018, as a crypto-to-crypto exchange that connects and shares the order book…