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Newsletter / Blog
Bitcoin made a run from $8123.98 on Saturday to a high of $9773.88 an increase of 20% in two days and is currently trading at $9770.33. At the moment there is no signs of any pullback. We are looking for a chance to get in again when a pullback occurs.
The announcement of a Bitcoin futures product sets the stage for a Bitcoin ETF in the near future, allowing traders who either can’t trade Bitcoin due to regulatory hurdles or won’t trade cryptocurrencies because of fear or other self-imposed obstacles. With Bitcoin futures, traders can simply bet on the gain or decline of Bitcoin, without actually investing in Bitcoin directly. Once the futures product is established, a Bitcoin ETF can be expected by the end of 2018.
Ethereum is up 41.50% for the week from 344.06 last Monday to a high today of $487.00 and is currently trading at $474.63.
The information delivered here is for educational purposes only and is not intended to be a recommendation to purchase or sell any of the stocks, futures or other securities referenced. All references are for illustrative purposes only and are not considered endorsed or recommended for purchase or sale by MC Trading.
Trading Forex, Stocks and Options, Futures and any Commodity or ETF contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results and no representation is being made that any account will or is likely to achieve profits or losses similar to those shown. MCTrading has taken reasonable measures to ensure the accuracy of the information contained herein and on this website, however MCTrading does not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or from an inability to access such information or any delay in or failure of the transmission or receipt of any instruction or notification in connection therewith.
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