Bullish LedgerX Crypto Options Bets Resurface: Bitcoin $50K by 2020

Bullish LedgerX Crypto Options Bets Resurface: Bitcoin $50K by 2020 1  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

By CCN: Now that the bitcoin price has momentum on its side, the bulls are placing bullish bets again. The most aggressive trades are seemingly happening in the crypto derivatives market where the risk/reward profile differs vs. the spot market. Now that the bitcoin price has generated returns of approximately 130% year-to-date, derivatives traders are willing to put it on the line once again. One bullish trade that has resurfaced in the crypto call options market is a bet that the bitcoin price will surpass $50,000 by this time next…

World’s Biggest Banks Splash $63 million on a Blockchain Digital Currency

World's Biggest Banks Splash $63 million on a Blockchain Digital Currency 2  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

 By CCN: Some of the world’s biggest banks are partnering with London-based Fnality International to create a blockchain digital currency for faster cross-border transfers. These banks from Japan, Europe, and the United States are hoping that issuing a utility settlement coin (USC) will lower transaction costs of cross-border payments by cutting out intermediaries. Fnality International has received $63.1 million in capital from the 14 participating banks. These banks include Barclays of Europe and the United States’ State Street; Japan’s MUFG Bank and Sumitomo Mitsui Banking Corp as well as UBS…