Bitcoin And Cryptocurrency News And Trends – Investor's Business Daily

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Bitcoin skyrocketed above $14,000 Wednesday afternoon, just hours after it cleared the $13,000 level and less than 24 hours since topping $12,000 Tuesday night.

X Bitcoin surged to 14,012.66 at Coindesk. The digital currency rallied to $14,617.10 at Coinmarketcap.

Futures trading in the cryptocurrency is set to kick off Sunday at CBOE (CBOE). That’s getting a jump on CME Group (CME), which already set a Dec. 18 kickoff date.

TD Ameritrade (AMTD) and Ally Financial (ALLY) will let customers trade Bitcoin futures contracts, Bloomberg reported.

Bitcoin investment vehicle Bitcoin Investment Trust (GBTC) tumbled 13.8% on Tuesday, but popped 6.2% on the stock market today. Bitcoin Investment Trust has been trading at a premium to the sky-high Bitcoin, according to some analysts.

IBD’S TAKEAre Bitcoin, Ethereum and other digital currencies real investments or a speculator’s game? Individual investors should be extremely cautious about diving into this new area. Read this feature about Bitcoin risks and possible gains first.


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