Bitcoin’s total value passes $14 billion, a record high

Bitcoin's total value passes $14 billion, a record high

  • Bitcoin followed up an impressive 26.3 percent gain in 2015 with a 119.8 percent gain in 2016.
  • Recent predictions that the value of Bitcoin would skyrocket as Donald Trump takes over the presidency appear to be coming true.
  • The total value of all bitcoins in circulation passed $14 billion on Thursday, as the web-based digital currency jumped 5 percent on the day to hit a record high.
  • The price of one bitcoin reached $875 on the Europe-based Bitstamp exchange, its strongest level since January 2014.
  • Bitcoin was introduced on 31 October 2008 to a cryptography mailing list, and released as open-source software in 2009.

The total value of all bitcoins in circulation passed $14 billion on Thursday, as the web-based digital currency jumped 5 percent on the day to hit a record high. The price of one bitcoin reached $875 on the Europe-based Bitstamp exchange, its strongest level since January 2014. Bitcoin followed up an impressive 26.3 percent gain in 2015 with a 119.8 percent gain in 2016.

Tech-savvy investors can buy bitcoin directly by downloading a Bitcoin Wallet app from Circle, Coinbase, Xapo or other popular services and simply linking their bank account to the app. In addition to these digital wallet apps, investors can buy shares of Bitcoin Investment Trust, which invests exclusively in bitcoin and trades on the OTC market.
Continue reading “Bitcoin’s total value passes $14 billion, a record high”

Bitcoin’s total value passes $14 billion, a record high

  • Bitcoin followed up an impressive 26.3 percent gain in 2015 with a 119.8 percent gain in 2016.
  • Recent predictions that the value of Bitcoin would skyrocket as Donald Trump takes over the presidency appear to be coming true.
  • The total value of all bitcoins in circulation passed $14 billion on Thursday, as the web-based digital currency jumped 5 percent on the day to hit a record high.
  • The price of one bitcoin reached $875 on the Europe-based Bitstamp exchange, its strongest level since January 2014.
  • Bitcoin was introduced on 31 October 2008 to a cryptography mailing list, and released as open-source software in 2009.

The total value of all bitcoins in circulation passed $14 billion on Thursday, as the web-based digital currency jumped 5 percent on the day to hit a record high. The price of one bitcoin reached $875 on the Europe-based Bitstamp exchange, its strongest level since January 2014. Bitcoin followed up an impressive 26.3 percent gain in 2015 with a 119.8 percent gain in 2016.

Tech-savvy investors can buy bitcoin directly by downloading a Bitcoin Wallet app from Circle, Coinbase, Xapo or other popular services and simply linking their bank account to the app. In addition to these digital wallet apps, investors can buy shares of Bitcoin Investment Trust, which invests exclusively in bitcoin and trades on the OTC market.
Continue reading “Bitcoin’s total value passes $14 billion, a record high”