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⭐ Features
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Nasdaq Ventures into Bitcoin Futures

  • Thomas Hughes
    ⭐ Features

    The second largest stock exchange in the world, with a market cap of $10 trillion, is getting closer to launch Bitcoin futures during the first half of 2019

Nasdaq Ventures into Bitcoin Futures
Cover image via u.today

The second largest stock exchange in the world, with a market cap of $10 trillion, is getting closer to launch Bitcoin futures during the first half of 2019.

Joseph Christinat, the vice-president of Nasdaq’s media team, spoke with UK media outlet Express, stating that

“Bitcoin Futures will be listed, and it should launch in the first half of next year – we’re just waiting for the go-ahead from the CFTC but there’s been enough work put into this to make that academic.”

He also added, “We’ve seen plenty of speculation and rumours about what we might be doing, but no one has thought to come to us and ask if we can confirm it, so, here you go – we’re doing this, and it’s happening.”

Chart Analysis - BTC/USD

Chart Analysis - BTC/USD

After attempting to break the $4,500 barrier, Bitcoin has resumed its bearish action, losing over 5% during the last 7 days and 2.50% in the last 24 hours. It is now capped by a bearish trend line and headed towards the support at $3,700.

Currently, the pair is trading very close to the key handle at $4,000, and the way it behaves here will determine the next short-to-medium term direction. A strong move above the level will probably break the trend line, and this will open the door for a recovery into $4,500, which will also create a more significant higher low, making way for further upside. On the other hand, a bounce lower from $4,000 will likely make $3,700 the next short-term destination.

Support zone: 3700

Resistance zone: bearish trend line (as diagonal resistance) and the upper Bollinger Band (as dynamic resistance); 4500 in the longer term

Most likely scenario: break of the bearish trend line and move into upper BB

Alternative scenario: choppy action with a bearish bias.

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About the author

Thomas Hughes is an executive editor of U.Today. He is a skilled cryptocurrency trader and technical analyst deeply immersed into the cryptocurrency & blockchain technology area.

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📰 News
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You Can Now Pay with Bitcoin, Ethereum, or Litecoin on Amazon

  • Alex Dovbnya
    📰 News

    A new browser extension allows making payments on Amazon with the help of top cryptocurrencies

You Can Now Pay with Bitcoin, Ethereum, or Litecoin on Amazon
Cover image via 123rf.com

Amazon users can now buy goods with Bitcoin via the Lightning Network because of a new startup called "Moon."

According to TechCrunch, the company with a flashy name has just released a browser extension that will allow making payments on the biggest e-commerce platform. 

You can use any Bitcoin wallet with the Lightning Network support in order to make instantaneous transactions. For instance, Electrum, one of the most widely used Bitcoin wallets, now supports the popular off-chain scaling solution. 

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eBay Is Rumored to Start Accepting Crypto Payments

eBay Is Rumored to Start Accepting Crypto Payments

Another option is to link the extension to your Coinbase account and make a payment with Bitcoin, Ethereum, or Litecoin while leveraging the API of the number one cryptocurrency exchange in the US. 

While Overstock.com, Newegg and some other major retailers have already embraced crypto, Amazon is yet to move in this direction. Moon makes the magic happen by converting crypto to fiat without charging additional fees. 

As of now, the service is only available in the US, but Moon soon plans to expand to other countries.     

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Back in May, U.Today reported how Flexa's payment app Spedn allowed Whole Foods, Crate and Barrel, and other brick-and-mortar retailers to accept crypto payments.   

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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