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Altcoins Back Under Pressure

Alternative crypto-currencies are back under pressure after a resurgence in bitcoin prices. Earlier today BTC/USD took out the all-time high again and peaked at $8,025 dollars per coin. This put alts back under pressure.

 

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Man Group Hedge Fund May Be Next to Launch Bitcoin Futures

Bitcoin futures are all the rage right now, with CME poised to launch contract trading in a matter of weeks. Their arrival will enable investors to speculate on the price of bitcoin without having to actually hold the cryptocurrency. Now, Britain’s Man Group could be next to get in on the act, with CEO Luke Ellis saying they expect to emulate their transatlantic counterparts.

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Bitcoin Rally Ends as Capital Flees

The 45-day rally in bitcoin is finally over. Prices hit a low of $5,426 three days ago. We have since bounced back but are still far away from the all-time high. Somewhat surprisingly Litecoin has gained ground during this turmoil.

 

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Bitcoin Mempool Grows as Miners Switch Over to Bitcoin Cash

The Bitcoin network has dealt with congestion before on multiple occasions. In every single case, the network seems to suffer from major backlogs when it comes to processing transactions.

 

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