Trader Shorted Bitcoin to $5,950 on CNBC, Now $6,500

Scott Nations, the president and chief investment officer of NationsShares, a division of Fortress Trading, shorted Bitcoin through the Cboe futures market live on CNBC on September 26. Since then, the price of Bitcoin has slightly increased to $6,500. “I want to be a seller of the October contract. The Cboe Bitcoin futures, that is a single Bitcoin in a futures contract. My targeted downside is $5,950 and my stop to the upside is $6,600. Why do I want to short? Because it is Bitcoin. It has no fundamental value.…

CNBC Exclusive: Interview with SEC commissioner Hester Peirce – BTC ETF.

This Week: 1 .BTC Dominance hits a 7 month high as another ETF proposal gets declined by the SEC. 2.Disagreement inside the SEC as one member gets publicly vocal about the etf denial. We get an exclusive interview with commissioner Hester Peirce from the sec. 3.Our panel of industry experts discuss the likelihood of an etf before the end of2018 4.Salt Lending receives an offer from its Rival Nexo – tonight we talk to both salt lending and the NEXO. 5.We take another look at Transaction mining – the new…