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Bitcoin Price Holds Above $7.1K as Trader Eyes Q1 2020 Bottom Forming

Bitcoin (BTC) continued trading sideways on Dec. 27 after spending the Christmas period broadly free of volatility.Cryptocurrency market daily overview. Source: Coin360BTC “relaxes” this ChristmasData from Coin360 showed BTC/USD hovering practically in the middle of its monthly range between $6,500 and $7,770. At press time, the pair hovered at $7,180,

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Cryptocurrency Exchange Coincheck to Halt Leveraged Trading in Q1 2020

Japanese cryptocurrency exchange Coincheck has abruptly decided to cancel leveraged trading just months after relaunching the tool. In a blog post on Dec. 16, the platform said it had already stopped users from creating new leveraged positions. Coincheck: March deadline for settlementTraders with open positions must settle by Mar. 13, 2020,

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CME Group to Launch Options on Bitcoin Futures in Q1 2020

The Chicago Mercantile Exchange (CME) Group is adding options to its Bitcoin (BTC) futures contracts in the first quarter of 2020, pending regulatory review.The development was announced in a news release on Sept. 20.“Flexibility to hedge Bitcoin price risk”Tim McCourt — CME Group Global Head of Equity Index and Alternative Investment

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