Bitcoin Price Achieves New All-Time High at $7,598; Why is the Market So Optimistic?

Once again, the bitcoin price has achieved a new all-time high at $7,598 on November 5, as the market continues to be optimistic about the mid-term performance of bitcoin.

Investors in the US are also optimistic in regards to the launch of a bitcoin futures exchange by CME and CBOE, the two largest options exchange both domestically and internationally. CME’s bitcoin integration is expected to offer immense liquidity for institutional and retail investors, who have been looking to allocate their “money on the sidelines” into bitcoin for many months.

Read more on Cryptocoin News (link)

Argentina’s Biggest Futures Market to Add Bitcoin

The largest futures market in Argentina, the Mercado de Termino de Rosario (called Rofex) is considering offering Bitcoin futures to its clients, according to Bloomberg. The adoption in the country, and the embracing of the new futures economy internationally, are signs of increasing awareness and growth for Bitcoin. The news follows the announcement by the Chicago Mercantile Exchange (CME) of BTC futures offerings.

The news from the CME is likely a driving force behind the substantial price increases, as the potential for mainstream adoption continues to increase.

Read more on The Cointelegraph (link)

Bitcoin Continues to Gain Acceptance from Major Retailers

As bitcoin’s price rises, the media pays more attention to it, making more people aware of its use as both an investment and a convenient way to pay for goods and services. The convenience of receiving payments within seconds, with minimal transaction fees, provides significant benefits to a business. More retailers, both physical and online, are accepting bitcoin as a form of payment from their customers.

Read more on Cryptocoin News to see the list of major retailers that accept BTC payments (link)

How to Protect Your Crypto Wallet from CryptoShuffle Trojan

Russian based cybersecurity firm Kaspersky Labs has warned owners of cryptocurrencies that their coins are not safe even in private wallets. A new trojan called CryptoShuffler is stealing coins right from under the noses of users by replacing wallet addresses on a user’s clipboard as they copy and paste wallet data for transfers. No wallet is safe because the trojan utilizes the clipboard function on computers.

The most basic way to protect yourself is to carefully compare the address you’ve inputted after copying. Carefully checking wallet addresses for every transaction should keep your funds safe.

Read more on The Cointelegraph (link)