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Former Goldman Sachs Director Launches Bitcoin Derivatives Brokerage Crypto Facilities

Posted on February 28th, 2015 by pharoah

The forward contract serves to hedge against bitcoin volatility, or to benefit from future swings in the bitcoin price. The forward contract comes with different maturity months, and traders can choose from the nearest three in the March, June, September and December cycle. Once a forward reaches maturity, it will be settled automatically. Traders do […]

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What are crypto currencies and why you need to know about them

Posted on February 23rd, 2015 by pharoah

Dozens of cryptocurrency specifications have been defined, most are similar to and derived from the first fully implemented cryptocurrency protocol, Bitcoin. Within cryptocurrency systems, the safety, integrity, and balance of all ledgers is ensured by a swarm of mutually distrustful parties, referred to as miners, who are, for the most part, general members of the […]

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