Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure 
Urban studies: Doing research when every city is different 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
Wall Street Analysts Weigh in on Latest NFP Data 
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes 
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Let’s observe BTCUSD price movements as bears snap rallies with bearish engulfing candle at $3,591 levels (i.e. 13.87% crackdown on weekly terms), shooting star has popped-up at $51.59 levels, while both leading and lagging technical indicators substantiate bearish stances.
Cryptocurrency derivatives have been the centre of attraction in the recent past. The current CBOE Bitcoin Futures contracts has its final spell of trading day on 16thJanuary. This would be the last chance for the relevant futures contracts to be traded or squared-off, and post which the outstanding contracts need to be settled by cash as per original specifications.
As it nears to futures expiration, the underlying security is prone to unusual price behaviour with scenarios like short squeezing, tending to exaggerate price movements.
Bitcoin futures are now available for trading on the CBOE Futures Exchange, LLC (CFE). CFE launched trading in CBOE bitcoin futures on December 10 under the ticker symbol "XBT". Such trading facility offers wide range of services, such as, price discovery, transparency in volumes, deep liquidity and centralized clearing. XBTfutures provides a centralized marketplace for participants to trade based on their view of bitcoin prices, gain exposure to bitcoin prices or hedge their existing bitcoin positions.
XBT futures are cash-settled contracts based on the Gemini's auction price for bitcoin, denominated in U.S. dollars. Gemini Trust Company, LLC (Gemini) is a digital asset exchange and custodian founded in 2014 that allows customers to buy, sell, and store digital assets such as bitcoin, and is subject to fiduciary obligations, capital reserve requirements, and banking compliance standards of the New York State Department of Financial Services. Courtesy: BNC
Currency Strength Index: FxWirePro's hourly BTC spot index was at -28 (mildly bearish), hourly USD spot index is at 1 (absolutely neutral) at press time 13:43 GMT).
For more details on the index, please refer below weblink: http://www.fxwirepro.com/currencyindex
