- Jan 29, 2014
- Reaction score
- Montgomery, NY, USA
- VCDS Serial number
The digital currency bitcoin rocketed above $7,000 for the first time Thursday after a more than sevenfold increase in its value since the start of the year.
Bitcoin has seen eye-watering gains in recent months and has more than doubled in value in the past seven weeks alone. It hit as high as $7,066.44 on the Luxembourg-based Bitstamp exchange Thursday.
The latest rally was driven by news earlier this week that the world's largest derivatives exchange operator CME Group is to launch bitcoin futures.
The price move takes bitcoin's aggregate value, or "market cap" -- its price multiplied by the number of bitcoins released into circulation -- to more than $117 billion, according to industry website Coinmarketcap.
The aggregate value of all cryptocurrencies is now at a record high of over $190 billion, the website said.
China has the biggest BTC mining farms, so that's where most transactions happened. That is, until lately, when China started to ban bitcoin ICOs and other cryptocurrencies. To make their own, controlled version of it.
http://fortune.com/2017/09/26/cryptocurrency-bitcoin-death/fortune said:A young man died suddenly in Colorado this year, leaving his family the burden of sorting out his estate. Little did they know their loved one had been investing in Bitcoin, the digital currency that cost as little as $13 in 2013 and recently climbed as high as $5,000.
The grieving family stood to inherit a small fortune—that is, if they could only find and access the cryptocurrency.
Read more: http://www.afr.com/technology/bitcoin-group-to-finally-list-on-asx-20160113-gm5040#ixzz50zCUXDQoASX (Aust. Security Exchange) said:After months of delays, Australian bitcoin company Bitcoin Group will finally make its share market debut in February.
The Melbourne-based company is the first cryoptocurrency miner in the world to offer shares through an initial public offering, which opened on December 24.
It is offering investors 100 million shares at 20 cents each to raise $20 million in the IPO, which closes on January 25.