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.

Private investment helps Australia's economy grow by 2.8%
Indeed, household consumption rose just 0.1 percent in the quarter, the smallest increase since late 2012. Hence, we still see the RBA on hold until November 2018, but with the risk of a later move.

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.

Cambridge Trust Company Decreased Exxon Mobil Corp (XOM) Holding by $6.70 Million
The active investment managers in our partner's database reported: 14.11 million shares, up from 13.23 million shares in 2017Q1. Scotiabank set a $86.00 price target on Exxon Mobil and gave the company a buy rating in a research note on Friday, July 28th.

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.

Ramos: My relationship with Ronaldo is fine
It's reported that two of the club's biggest players, Cristiano Ronaldo and Sergio Ramos , fell out following that defeat. Zidane added: "I think my team look in good shape but it's true we have to score more goals".