BREAKING NEWS – the Bitcoin price has just shot past $3000 to a new all time high. This has come at the end of a historic week in the life of Bitcoin.
1 August saw the activation of SegWit (BIP148) which seemed to pass as a non-event. Later in the day, a miner activated hard fork activated and created a new cryptocurrency called Bitcoin Cash. Everyone who had Bitcoin in their personal wallet or in a participating exchange would have received the same quantity in Bitcoin Cash.
The big news that seems to have slipped in virtually unnoticed is that the Chicago Board Options Exchange (CBOE) has partnered with Gemini, the Bitcoin exchange backed by Cameron and Tyler Winklevoss. Should cryptocurrency derivatives trading be launched, this could drive Bitcoin adoption and the price significantly.
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