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Video: Roundup of This Week’s Bitcoin News 13th June 2014

This week bitcoin inched its way further into the world of mainstream finance. Check out our top stories here.

Updated Sep 11, 2021, 10:53 a.m. Published Jun 13, 2014, 7:30 p.m.
News roundup june 13

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This week bitcoin continued to inch further into the world of mainstream finance. Check out the top headlines below:

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Google and Yahoo! displaying bitcoin prices: First Yahoo! Finance and then Google Finance started offering bitcoin prices on their websites. Along with price tickers, both organizations are also showing a stream of cryptocurrency news items. A Yahoo spokesperson told CoinDesk that they added bitcoin prices to their site because users had expressed interest in the currency.

Expedia to accept bitcoin for hotel bookings: Expedia became the latest large company to reveal plans for bitcoin acceptance. Expedia said bitcoin will be integrated into payment options for customers at checkout, sitting alongside other payment methods like PayPal and Visa.

US government to sell $18m worth of Silk Road bitcoin: The price of bitcoin took a dip at the end of the week following the news that the US government will be auctioning off 30,000 bitcoin obtained from the Silk Road online black market. The auction is scheduled for 27th June, 2014.

As always, keep an eye on the CoinDesk website over the weekend for any breaking news. Enjoy your weekend, especially if you get a kick out of watching football!

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Solana CME Futures Fell Short of BTC and ETH Debuts, but There's a Catch

Solana CME futures first-day activity compared to BTC and ETH debuts. (CME/K33 Research)

When adjusted for asset market capitalization SOL's relative futures volume looks better, K33 Research noted.

Ano ang dapat malaman:

  • Solana's SOL futures began trading on the Chicago Mercantile Exchange (CME) on Monday, with a notional daily volume of $12.3 million and $7.8 million in open interest, significantly lower than the debuts of bitcoin (BTC) and ether (ETH) futures.
  • Despite the seemingly lackluster debut, when adjusted to market value, SOL's first-day figures are more in line with BTC's and ETH's, according to K33 Research.
  • Despite the bearish market conditions, the launch of CME SOL futures offers new ways for institutions to manage their exposure to the token, said Joshua Lim of FalconX.