Bitcoin futures suggest breakneck rise in price to slow

December J, 2017
Market Hive
No Comments

Bitcoin futures suggest breakneck rise in price to slow NEW YORK/LONDON (Reuters) – Newly launched bitcoin futures on Monday suggested that traders expect the cryptocurrency’s blistering price gains to slow in the coming months, even as it blasted above $17,000 to a fresh record high in the spot market. Chicago-based derivatives exchange Cboe Global Markets launched the futures late on Sunday, marking the first time investors could get exposure to the bitcoin market via a large, regulated exchange. The one-month…

Read More

What Bitcoin Watchers Are Saying After the Surge Past $10,000

November J, 2017
Market Hive
No Comments

What Bitcoin Watchers Are Saying After the Surge Past $10,000 Bitcoin entered uncharted territory on Wednesday after breaching $10,000 for the first time, leaving investors to wonder how long the rally will go — and whether it will end in tears.   The digital currency climbed as much as 4.4 percent to a record $10,379.53 during Asia trading hours, capping a more than 10-fold increase this year. Its market value has surpassed $176 billion, according to Coinmarketap.com.   Here’s what…

Read More

Bitcoin nears $10,000 mark as hedge funds plough in

November J, 2017
Market Hive
No Comments

Bitcoin nears $10,000 mark as hedge funds plough in Cryptocurrency now worth seven times an ounce of gold, with market cap higher than IBM, McDonald’s or Disney – but analysts warn of ‘a huge bubble’ Bitcoin mining consumes more electricity than Ireland Bitcoin has hit a record high after passing $9,000 (£6,700) and is close to reaching five figures as investors in the cryptocurrency shrug off warnings of a bubble. The cryptocurrency rose to an all-time high of $9,721 on…

Read More

Bitcoin cracks $9,600 just hours after breaking $9,000 level

November J, 2017
Market Hive
No Comments

Bitcoin cracks $9,600 just hours after breaking $9,000 level Bitcoin surged to yet another new record high on Monday The cryptocurrency jumped to an all-time high of $9,671.84 hours after cracking the $9,400 level on Sunday The digital currency has risen some 869 percent year-to-date Bitcoin surged to yet another new record high on Monday, breaking a record set during the Thanksgiving weekend stateside. The cryptocurrency jumped to an all-time high of $9,671.84 hours after cracking the $9,400 level on…

Read More

Rise of Bitcoins causes stir but questions linger

November J, 2017
Market Hive
No Comments

Rise of Bitcoins causes stir but questions linger Anthony Mburu and his fiancée Elizabeth John who recently attracted curiosity when he paid part of his dowry using Bitcoins, a form of digital currency, in Naivasha Kenya,considers himself a non-conformist. Having quit university in 2010 after just one semester of his engineering course, 26-year-old Anthony Mburu does not fancy formal education, for instance. “Formal education is good. It will give you an average life. You’ll eat, have your mortgage, car loan…

Read More

Holding Strong – Failed Price Breakdown a Boon for Bitcoin Bulls

November J, 2017
Market Hive
No Comments

Holding Strong – Failed Price Breakdown a Boon for Bitcoin Bulls Bitcoin has witnessed decent two-way business in the last 24 hours. A drop below $8,000 during the Asian day was quickly undone and the world's largest cryptocurrency by market value once again approached record highs, hitting $8,333 this morning. At press time, bitcoin is changing hands at $8,228, according to CoinDesk's Bitcoin Price Index. As per CoinMarketCap, the bitcoin-U.S. dollar (BTC/USD) exchange rate has appreciated by 1.13 percent in…

Read More

The current state of Bitcoin and Ethereum

November J, 2017
Market Hive
No Comments

The current state of Bitcoin and Ethereum While Bitcoin currently bears more resemblance to digital gold than digital cash — with its congested pending transactions log rendering it practically useless as a currency since the cancelled fork two weeks ago — the Ethereum network is looking healthier than ever and in a good position to come out of the ongoing currency war successful. Bitcoin has been dominating both crypto and mainstream news lately, even more so than usual, with mad…

Read More

Crypto bull sees bitcoin at $11 500

November J, 2017
Market Hive
No Comments

Crypto bull sees bitcoin at $11 500 The bitcoin bulls are charging. A day after hedge fund manager Mike Novogratz said the cryptocurrency will end the year at US$10 000, Fundstrat’s Thomas Lee doubled his price target to $11 500 by the middle of 2018 — a 40% gain from current levels. Lee, who heads research at Fundstrat, said a 10% pullback earlier this month triggered by the controversial cancellation of an upgrade to bitcoin’s underlying software has set the…

Read More

Warning Signs About Another Giant Bitcoin Exchange

November J, 2017
Market Hive
No Comments

Warning Signs About Another Giant Bitcoin Exchange SAN FRANCISCO — As the price of Bitcoin has soared, the virtual currency has edged toward the mainstream. Square, the fast-growing payments company run by the Twitter co-founder Jack Dorsey, has begun selling Bitcoins to ordinary consumers, and the Chicago Mercantile Exchange will soon allow banks to trade on the value of Bitcoin. But if you want to see where the price of Bitcoin is actually determined in round-the-clock bidding, you have to…

Read More

Bitcoin vs. Bitcoin Cash – Can Both Survive

November J, 2017
Market Hive
No Comments

Bitcoin vs. Bitcoin Cash: Can Both Survive? Industry leaders comment on which will dominate the market: Bitcoin or Bitcoin Cash. You could be forgiven for thinking Bitcoin Cash was dead; the currency had slumped to about $600 before a sudden revival last week caused the price to soar to $2,600 while simultaneously knocking Bitcoin down a few notches. As a brief recap, Bitcoin recorded a new all-time high of about $7,800 on Wednesday, November 8 followed by a downward trend,…

Read More
© MarktetHive - Top SEO Results Tool 2024. Brilliance theme by CPOThemes.