Bitcoin crosses $12000 valuation, as financial institutions re-think cryptocurrency position


Bitcoin was trading at United States dollars 12,269 at 8:12 AM, according to industry site CoinDesk.

"The fact that CME, the biggest kid on the block, is moving early into cryptocurrency, will force other major exchanges to follow suit in the fear of not missing out", Shane Chanel, from Sydney-based ASR Wealth Advisers, said in a note this week. CBOE is working with the online brokers to retail investors have been able to start operations with futures contracts on the bitcoin as soon as possible, said the representative of the company.

Sierra Leone auctions off "peace diamond" for US$6.5 million
The president of Sierra Leone praised Momoh "for not smuggling the diamond out of the country". The Sierra Leone government rejected a bid of $7.8m at an earlier auction.

Bitcoin remained close to record highs as investors continued to bet that demand for the popular will surge with the launch of bitcoin futures expected before year-end.

Interestingly, though, since then the bank is considering helping its clients to trade bitcoin futures by giving them access to CME's new product via its futures-brokerage unit.

S&P Insurance ETF SPDR (KIE) Seeing Increased Action in Session
Getting caught up in the details from news and various economic reports may leave the average investor dizzy and confused. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend.

Reuters Cboe Global Markets Inc. will launch its bitcoin futures contract on December 10, just over a week ahead of rival CME Group Inc., as the exchange operator takes the next step toward launching an exchange-traded fund based on the digital currency.

On December 4, bitcoin had dipped below the previous high of Dollars 11,000, coming off just shy of USD 11,800. According to CoinMarketCap, the digital currency's total cap is valued at $199.5 billion, whereas, the combined market value of all the cryptocurrencies is worth just under $358 billion.

Man charged in 2010 slaying of ex-Hawks player Lorenzen Wright
Wright called for help on his cell phone shortly after midnight on July 19, and as many as 11 gunshots can be heard on the tape. Wright's deteriorated body was found in a field near some woods in the height of summer - which complicated the investigation.