- Image copyright – Getty Images – – – – – Image caption – – For the first time ever, Bitcoin has hit £5,000 in value – – – – The price of Bitcoin has surpassed £5,000 per coin – a new record.While it is a historic moment of sorts, Bitcoin…
- Its value was lower than $100 in June 2013, and below $1,000 as recently as January.But in August, the virtual currency soared to $3,451 after a spin-off – Bitcoin Cash – failed to prove as disruptive as had been feared.And in September, Bitcoin crossed the $5,000 threshold for the first…
- “It’s been a very innovative year – there have been a lot of new technology platforms for cryptocurrencies, which have lifted Bitcoin,” Garrick Hileman a research fellow at University of Cambridge told the BBC.
- “Coinbase – a business that lets the public trade and store digital currencies – reports that it is now signing up between 35,000 to 50,000 new users per day.Mr Hileman said that many people had recently been attracted to invest in Bitcoin because when a “fork” happened in August, investors…
- “Rising geopolitical tensions on the Korean Peninsula are also driving interest in Bitcoin in the surrounding countries, because people are wary of investing in the yen or the dollar,” Mr Hileman added.However, he continued, government regulators may crack down on cryptocurrencies, which could drive prices back down.
The price of Bitcoin has finally surpassed the £5,000 mark and set a new record.
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- ASHFORD, United Kingdom, March 27, 2017 /PRNewswire/ — BitConnect Coin (BCC) has announced a new record high, in terms of value and market capitalization.
- BitConnect Coin (BCC) is an open source, peer-to-peer, community driven decentralized cryptocurrency that allows people to store, invest their wealth and even earn a substantial interest on the balance stored in the wallets.
- According to the leading cryptocurrency market website CoinMarketCap, BCC breached the top 20 chart for alternative coins in total capitalization value.
- By connecting with the community, BCC users can increase the value of their coins in the wallets as the cryptocurrency’s price increases.
- BitConnect is an open source platform for Bitcoin and other cryptocurrency users to earn, learn, buy and sell bitcoins to other trusted community members directly.
ASHFORD, United Kingdom, March 27, 2017 /PRNewswire/ — BitConnect Coin (BCC) has announced a new record high, in terms of value and market capitalization. The cryptocurrency’s record growth, in a matter of few months, come as the development takes off with the introduction of a range of new apps
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- The Gemini exchange has been working on making bitcoin more appealing to the mainstream.
- With their daily Bitcoin auction, the company has made cryptocurrency investing appealing to mainstream traders.
- A record Bitcoin volume was set on October 24, 2016, as 2,308 BTC was bought during that day’s auction.
- Earlier this month, Gemini had set a USD volume with their bitcoin auctions as well.
- Daily bitcoin auctions make this ecosystem more appealing to mainstream traders.
The Gemini exchange has been working on making bitcoin more appealing to the mainstream. Their daily auctions attract a lot of attention, which is a positi
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