QUOTE OF THE DAY
“The difference between the right word and the almost right word is the difference between lightning and a lightning bug.”
The World’s Largest FX Exchange Hopes to Tame Bitcoin Volatility
The Chicago Mercantile Exchange & Chicago Board of Trade otherwise known as CME Group announced its bitcoin futures specs this week.
You can read the contract specifications from CME Group here.
You can also read more about this story from Bitcoin News.
Secret Service Agent Gets Extra Jail Time Over Theft of Silk Road Bitcoin
According to CoinDesk, a former U.S. Secret Service agent has been sentenced to an additional prison term on charges associated with his theft of bitcoin seized from now-defunct dark market Silk Road.
Take that buddy.
THINGS I LIKE
The REAL Reason Bitcoin Price Is Skyrocketing
Miguel Cuneta writes about why he thinks the price of bitcoin is skyrocketing.
- The law of supply and demand
- Utility + Scarcity = Value
- A hedge against financial crises
- Bitcoin has become a global reserve cryptocurrency
You can check out his article here.
My Current Sentiment: Neutral.