Octagon Strategy-Asia: QCP Capital-Singapore: SFOX-US: Price Discovery. While cryptocurrency markets are plentiful today, Bitcoin is indeed the most traded on global exchanges of all the cryptocurrencies. But, up until recently, the decentralized nature of markets and round-the-clock trading had made price discovery much more complicated, data analysis shows. Major differences can be seen ... Bitcoin's price on the Luxembourg-based Bitstamp exchange was last down 6.95% at $7,471 <BTC=BTSP>, after hitting a five-month low below $7,300. Appearing before the U.S. House of Representatives Financial Services Committee, Zuckerberg admitted that he did not know if Libra would work. But he sought to reassure lawmakers that Facebook would ... Another factor that could potentially fuel bitcoin's price volatility is how unevenly it is distributed. In late 2017, Aaron Brown, who previously served as managing director and head of financial markets research for investment manager AQR Capital Management, estimated that 1,000 individuals owned approximately 40% of all bitcoin.  Other sources have provided different figures, with data ... [ad_1] The head trader of Octagon Strategy has told CNBC the company “remains bullish” on Bitcoin despite price decreases and “obstacles” it may face in the future. Octagon Strategy is a privately-owned commodity and digital asset trading firm. Speaking to CNBC July 1, Ryan Rabaglia, the head trader, dismissed the current downward price pressure on … Digital asset broker Octagon Strategy has said that the company “remains bullish” on bitcoin despite the current decline in price and the possible obstacles that [...] Skip to content News
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