[2017-12-11] Washington Weighs In on Crypto Assets

[DowBit]

CRYPTO GOES MAINSTREAM
After CBOE’s rollout of Bitcoin futures trading, others hope to get in on the action as well. As we’ve reported, CME will begin trading futures next week. Despite grave warnings of Wall Street manipulation of the market, the price seems to still be rising to new heights. Nasdaq is also considering offering its own Bitcoin futures contracts beginning next year. Greater access to the cryptocurrency in traditonal financial markets may lead to more investment, more stability, and more realistic prices.

Many observers predict that this move into the financial mainstream will insulate the market from bitcoin’s ferocious volatility. Over the weekend, the currency dipped by $3000 to only to return to around $16000 at press time. However, as big Wall Street fish close in, so too do the Federal Regulators and political interests.

Continue reading at: https://dowbit.com/washington-weighs-crypto-assets/

[Kronos21]

Every year the pressure on bitcoin will only increase. Very many do not like. Banks are losing their relevance. This leads to the fact that the pocket politicians will accuse bitcoin of all mortal sins and to lobby the law on his ban. Bitcoin trading on the Chicago stock exchange may also be an attempt to take control of bitcoin. But I am sure that bitcoin preodalet all difficulties as it was once.