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It has become likely that Bitcoin Cash will be created by a group of miners led by ViaBTC on August 1. However, investors should not fear the creation of Bitcoin Cash.
BitMex, one of the world’s most advanced Bitcoin derivatives exchanges, recently announced the addition of a futures contract for Bitcoin. Now that the cryptocurrency’s value has fallen to below $300 for the first time in nearly two years, the expansion of trading alternatives could give Bitcoin the boost that it needs.
Signed contracts have been released today declaring a partnership between payment processing specialist Vogogo Inc. (TSX VENTURE:VGO) and Bitcoin exchanges QuadrigaCX and BitMEX.
The days of Mt. Gox are long behind us, and with the slaying of the giant, there was plenty of room for competitors to fill the void and spread the wealth. The scope is brought home when you see the Global Price Index by BraveNewCoin is being comprised from 60 of the world’s most liquid Bitcoin exchanges.
After the August Trading challenge was a smashing success, the crypto-currency derivatives exchange BitMEX has just started round two, with the winner taking home two bitcoins just for trying out the system.
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One fine body…