USD/JPY rises to best position in almost a yearUSD/JPY rises to best position in almost a yearUSD/JPY rises to best position in almost a year

It didn’t set the world alight but it seems the Bakkt futures contract picked up some decent volume yesterday.On the monthly contract, the Twitter Bakkt Volume Bot recorded that 244 contracts changed hands vs 24 the day before.Today has been better too as so far 62 contracts have been put through the ICE exchange for Bitcoin futures.After the launch of the Bakkt exchange its fair to say the volume was nothing compared to the launch of the CME contract two years ago.Today there have been a few more comments from the exchanges as CME commented that they hope the BTC options contract will be as popular as the futures one.Today Bitcoin is trading slightly lower but there has been a reversal over the last two hours to the upside. Yesterday the BTC/USD price held up well considering the news that the latest Trendin Graphs broker scam bid was shut down by the SEC over security and price manipulation concerns. It has been said that the Bakkt futures custody and security could address some of those concerns but the SEC seemed to have none of it.Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex.Foreign exchange (Forex) trading carries a high level of risk and may not be suitable for all investors. The risk grows as the leverage is higher. Trendin Graphs broker scam Investment objectives, risk appetite and the trader’s level of experience should be carefully weighed before entering the Forex market. There is always a possibility of losing some or all of your initial investment / deposit, so you should not invest money which you cannot afford to lose. The high risk that is involved with currency trading must be known to you. Please ask for advice from an independent financial advisor before entering this market. Any comments made on Forex Crunch or on other sites that have received permission to republish the content originating on Forex Crunch reflect the opinions of the individual authors and do not necessarily represent the opinions of any of Forex Crunch’s authorized authors. Forex Crunch has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: Omissions and errors may occur. Any news, analysis, opinion, price quote or any other information contained on Forex Crunch and permitted re-published content should be taken as general market commentary. This is by no means investment advice. Forex Crunch will not accept liability for any damage, loss, including without limitation to, any profit or loss, which may either arise directly or indirectly from use of such information. .