According to the first deputy chairman of Russia’s Central Bank Sergei Shvetsov, Russia will ban websites that offer cryptocurrency trading. He noted that the regulator’s stance towards cryptocurrencies and their derivatives was negative.
According to Sergei Shvetsov, the first deputy chairman of the Bank of Russia, a local Russian exchange may start cryptocurrency trading.
The past week or so has been quite remarkable considering significant price differences at various bitcoin exchanges. It is most noticeable in case of Bitfinex, where Bitcoin is still trading at significant premium. At times, the spread reached $110.
Altcoins have become the most interesting market for cryptotraders over the last few years. This sky-high-risk market is commonly compared to penny stock, a traditional market for worthless stocks.
Ukrainian Exchange JSC has announced imminent launch of Bitcoin futures trading, starting from Monday, December 19.
Back in 2011, when just a few knew about the existence of cryptocurrencies and even fewer people believed in their future, founders of Bitcoin Hedge Fund Anatoliy Knyazev, Alexey Kirienko, and Gatis Eglitis put their stakes on bitcoin and this was Â theÂ right thing to do. The price of bitcoin was.
Over the course of these two weeks, bitcoin has broken several records having surpassed the $500, $600 and $700 marks in a sequence. ForkLog talked with cryptocurrency trading expert Kir Kelevra to find out the reasons for the upsurge and the perspectives it might provide to traders.