The Supreme Court of India has asked the government to respond to the plea that calls for regulation of Bitcoin in India. The plea also seeks response from the Income Tax department. and the ED.
The Bitcoin Gold (BTG) blockchain will officially open and live and the blocks shall be mined by users globally on November 12, 2017. The BTG community is to have a complete suite of services at the time of launch.
This came after the CME Group Inc. announced its plans to launch bitcoin futures by the end of 2017. Bitcoin has grown sevenfold this year and is now valued at approximately $100 billion.
Terry Duffy, CEO of CME Group, said that the group decided to introduce the contract owing to the increasing interest of the clients in cryptocurrency. The new contract will be based on the Bitcoin Reference Rate.
For the first time Bitcoin price (BTC/USD) has crossed the $6000 and just a day after achieving this, it ended up at an all time high price of $6147.07.