NASDAQ Bitcoin Futures Endorsement Stabilises Market

[kreslik.news]

Crypto markets went through hell in the past couple of weeks. Since the start of the final week of November however, we are seeing prices stabilizing. The massive carnage across crypto markets that saw Bitcoin trading below $3500 on Sunday appears to be over for now. Speculation about new futures contracts could be stabilizing the price.

Today, a broad-based risk assets rally is also causing heads to turn. Coincidentally (or not), the news that NASDAQ is strongly committed to launching BTC futures in Q1 of 2019 could have been the trigger for sizeable buying of cryptos.

Bitcoin has ... (read more)