Skip to content Skip to footer

Cryptocurrencies Surge as Bitcoin Jumps 50% in June

Bitcoin has had a phenomenal year so far; with five consecutive months of bullish momentum the digital asset climbed nearly 300% this year.

Bitcoin has seen a revitalisation following a dismal run in 2018. Last year, we saw Bitcoin drop approximately 83% from its all-time high of $20,000. The steady decline led to interest fading in the digital currency. This in turn led to questions surrounding its long term survival. However, 2019 has seen renewed interest from investors, and institutions as the price has now reached a yearly high of $13,000.

The recent surge in price, which now puts Bitcoin up 50% for June alone, comes as The Commodity Futures and Trading Commission (CFTC) gave approval to LedgerX to offer physically-delivered Bitcoin futures. The Crypto asset management platform has become the first to offer the service to institutional and retail customers. This move is good for Bitcoin and shows a growing acceptance of cryptocurrencies in markets.

The next step will be to see if Bitcoin can reach a new all-time high in 2019.

Customers can you trade cryptocurrencies with Tradeview, including Bitcoin, Ethereum, Litecoin and Ripple. Uphold is a payment gateway that serves over 184 countries, allowing for ease of use and storage of digital assets.

If you need support starting your trading journey, please email to assist you. Keep up to date with new on Tradeview’s Rhino Report here.

For more information about Tradeview and forex, visit Tradeview Forex.

Ryan Boltman
Ryan Boltman
Business Development Manager South Africa

Show CommentsClose Comments

Leave a comment

Tradeview Ltd. is not a portfolio manager or an investment advisor. This Market Report is for informational purposes only. Any statements made or opinions voiced in this Market Report do not constitute investment advice. The Tradeview Ltd. Market Report does not constitute a solicitation to buy or sell in the financial markets. Although the information contained in the Market Report comes from trusted sources, Tradeview Ltd. is not responsible for guaranteeing the accuracy, timeliness, completeness, or fitness of such sources. Tradeview Ltd. shall not be responsible for and disclaims all liability for any losses which may be suffered from access and use of the contents of the Tradeview Ltd. Market Report. Trading any financial instrument on margin, using leverage or otherwise involves considerable risk. Therefore, before deciding to participate in any style of trading, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose. Consulting with your investment counselor, attorney, accountant or other professional upon whom you rely for guidance as to the appropriateness of an investment in any style of trading is recommended.

Tradeview Ltd.

Is licensed to carry on securities investment business and is regulated by the Cayman Islands Monetary Authority (CIMA) as a full securities broker-dealer. Tradeview conducts business pursuant to the Cayman Islands Securities Investment Business Law (SIBL) and its activities fall under the direct supervision of the Investments and Securities Division of CIMA.
Headquarters: 5th Floor Anderson Square, 64 Shedden Road, Georgetown, Grand Cayman, Cayman Islands KY1-1002, BWI.

Tradeview Asia Ltd.

Is licensed and regulated by the Labuan Financial Services Authority (FSA) as a Money Broker, registration number LL15870 licensed to facilitate transactions in foreign exchange pursuant to Labuan Financial Services and Securities Act 2010, the Labuan Companies Act 1990 and the Labuan Business Activity Tax Act 1990.
Headquarters: International Business Financial Centre at Office 5, Jamie Business Center I, Unit F10, First Floor, Paragon Labuan, Jalan Mustapha, 87000 Labuan F.T.

Tradeview Europe Ltd.

Is licensed as a Category 2 Investment Service Company and is regulated by the Malta Financial Services Authority (MFSA). The Malta Financial Services Authority (MFSA) is the single regulator for financial services in Malta. MFSA is a fully autonomous public institution and reports to Parliament on an annual basis. The MFSA is a member of the European Banking Authority (EBA), the European Securities and Markets Authority (ESMA) and the International Organization of Securities Commissions (IOSCO) and is a signatory of the Multilateral Memorandum of Understanding with other European regulatory Institutions. Tradeview is authorized to provide financial services across multiple asset classes and is passported in the EU/EEA under MiFID II (EU Markets in Financial Instruments Directive).
Headquarters: 157 Archbishops Street, Valletta VLT Malta 1440.

Tradeview Financial Markets S.A.C Global

Is authorized to conduct business pursuant to and in compliance with the General Law of Companies (LGS) promulgated by the government of Peru. Tradeview Financial Markets S.A.C is registered with the National Superintendence of Public Registries (SUNARP), company number 13089531. Tradeview Financial Markets S.A.C provides financial services in selected OTC derivative markets in compliance with all applicable government regulations.
Headquarters: Los Mirtos 239 Urb. San Eugenio, Lince, Lima, Perú.