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The city-state's central bank added that there is no regulatory safeguard for investments in cryptocurrencies and that it does not regulate them either
Cryptocurrency exchange Youbit shuts down post hack attack; file bankruptcy
Govt has said that it does not recognise 'crypto-currency' as legal tender in India
That was in line with its new contract for January delivery, which was at $18,650
The launch of futures by the world's biggest derivatives exchange operator had been hailed by many as the moment that bitcoin reached the investment mainstream.
Customers who had bitcoin in their Blockchain wallets prior to August 1 will automatically see an equal amount of Bitcoin Cash reflected in their accounts.
Chicago-based Cboe's bitcoin futures surged nearly 20 percent in their debut on Monday
Two weeks ago, the CFTC enabled a watershed for bitcoin by announcing that CME Group and Cboe Global Markets would start offering bitcoin derivatives
The global industry's power use already may equal 3 million US homes, topping the individual consumption of 159 countries
Bitcoin has climbed more than 77 per cent so far in December alone