Bitcoin Cash News and BCH Price Chart: Crypto Facilities Launches Bitcoin Cash Futures. Friday, August 17
Important Bitcoin Cash News
Crypto Facilities Launches Bitcoin Cash Futures
The UK based Crypto facilities has added bitcoin cash to its range of futures offerings. The company that partnered with CME to market the CME bitcoin futures last year said that it is natural that Bitcoin Cash is added among their offerings since the coin is among the top five based on market capitalization.
The company already offer futures contract for bitcoin, ethereum, XRP and litecoin. The CEO of Crypto Capital Timo Shlaefer said “"We have seen volumes as high as $180 million in a 24-hour period and have average daily volumes ranging from $20–60 million notional per day. We expect BCH to be as successful as our BTC, XRP, ETH and LTC futures that all trade in significant volume."
According to the company, the bitcoin cash futures will enable investors to take long or short positions on the digital currency, "allowing them to broaden investment opportunities and hedge risk more effectively,"
"Since 2015 we have seen a steady increase in volume in the cryptocurrency derivatives space, with the past year seeing the highest growth so far," he added.
Bitcoin Cash Enthusiasts Want to Host ICOs On the Platform
Roger Ver the CEO of Bitcoin.com used to be one of the ‘ Bitcoin evangelists’ but not anymore. He recently has shifted his allegiance to Bitcoin Cash which many say is the “true Bitcoin”.
Ver and lead Bitcoin Cash developer, Corbin Frasers this week announced that BitcoinCash is building a new tool that will support the issuance of token and smart contract just like Ethereum’s ERC20.
“For better or worse, ICOs and CryptoKitties are probably coming to Bitcoin Cash in the near future,” Fraser said , while Ver added “they are probably coming to Bitcoin.com, too,” hinting that his publication might hold an ICO based on new tokens.
Bitcoin Cash Price
BCH/USD Price Chart, Friday August 17th:
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