Bitcoin’s market cap crossed $300 billion on Friday ahead of the launch of futures contracts on U.
The bitcoin price rallied past $18,000 on Friday as traders rolled their altcoins profits back into the flagship cryptocurrency.
Mainstream financiers like BlackRock CEO Larry Fink may claim that bitcoin is an “index of money laundering,” but a new report from Deutsche Bank AG says that this year’s bitcoin price surge is not the product of criminal activity, it’s Mrs.
The bitcoin price posted a minor pullback on Thursday, continuing a weeklong trend that has seen the most prominent cryptocurrency ease its foot off the gas after a meteoric early-month climb.
Cryptocurrencies achieved another historic milestone this week, as their combined market caps leaped above the $500 billion mark on the heels of an altcoin rally led by the ethereum and ripple prices.
The South Korean government held an emergency meeting to evaluate the state of the local cryptocurrency exchange market and trading of digital currencies.
The bitcoin price achieved a new all-time high on Tuesday, even as CBOE processed lower volumes of bitcoin futures during the second full day of trading.
CBOE’s bitcoin futures continue to trade near $18,000 as “speculative mania” prevented bears from immediately shorting the market.
A Hong Kong trader who successfully forecast the bitcoin price’s dramatic year-end ascent believes that the flagship cryptocurrency’s rally is far from over.
The bitcoin price climbed nearly 20 percent in the hours following the launch of the bitcoin futures on U.
The bitcoin price has surged by more than 20 percent overnight, triggered by the launch of the Chicago Board Options Exchange (CBOE) bitcoin futures trading platform.
Within three hours after its listing of bitcoin futures, the website and online trading platform of the Chicago Board Options Exchange (CBOE) were inaccessible, due to an unexpected spike in demand and volume.
A CME Group economist believes that rising transaction costs could cause a bitcoin price crash.
If you were awake in your college economics class you might recall Milton Friedman’s classic theory: The quantity theory of money.
According to RT, analysts expect the number of bitcoin users to reach 200 million by 2024, within the next seven years, given the current exponential growth rate of bitcoin.
Tyler and Cameron Winklevoss, better known as the Winklevoss twins, expect the market valuation of bitcoin to surpass trillions of dollars in the upcoming years.
On December 5, the Reserve Bank of India (RBI), the country’s central bank, cautioned investors of bitcoin, clarifying that the government is yet to regulate bitcoin and cryptocurrency exchanges within the local market.
Bitcoin’s market valuation briefly surpassed that of JPMorgan, the world’s largest bank, earlier today, on December 8.
The bitcoin price made another bullish run on Thursday, reaching above $18,000 for the first time in its brief history.
Bitcoin’s record-setting run took another unprecedented turn on Thursday, as the bitcoin price ripped past $19,000 on cryptocurrency exchange GDAX, leaving a trail of altcoin carnage in its wake.
The global average bitcoin price across major markets including the US, Japan, South Korea, and Europe has surpassed $16,000, peaking at $16,422.
“Bitcoin is thrown to the wolves,” the headline reads, punctuating the tail end of Saxo Bank’s prediction that the bitcoin price will soar above $60,000 in 2018 before crashing more than 98 percent to “its fundamental ‘production cost’ of $1,000.
The bitcoin price ripped past $15,000 on Thursday, marking yet another historical milestone for the most prominent cryptocurrency.
The bitcoin price has surpassed $17,000 in South Korea, peaking to $17,500 earlier today, on December 7.