Even though some analysts are warning of a bitcoin’s bubble burst due to its high volatility (rise of 1500% this year), speculations surrounding the cryptocurrency keep on increasing, especially with today’s bitcoin introduction on the Chicago Board Options Exchange (CBOE), making the trading of the cryptocurrency possible on a major US exchange.
The biggest question that remains to be answered is to what extent the regulations, in the US and abroad, will develop to address the different issues surrounding cryptocurrencies trading, among risks management and clients’ assets protection, especially since more players are keen on stepping into cryptocurrencies exchanges.
By some estimates, there is $10 billion of institutional money waiting on the sidelines to invest in digital currency today,” said Coinbase CEO and Co-Founder Brian Armstrong in a letter addressing the launch of Coinbase Custody. The total market value of all cryptocurrencies — including not just bitcoin, but Ethereum, Litecoin, and all the rest — keeps on growing at an exponential rate and is now swinging around $400 billion .
BCH and Dash swinging up to 400$
CBOE will jump price up to 20,000 this year and 40,000$ next year
