bitcoin

Is China Waking up to Ethereum

May J, 2017
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Is China Waking up to Ethereum On May 27, Huobi, one of the three leading bitcoin exchanges in China alongside BTCC and OKCoin, officially integrated support for Ethereum trading. The Huobi development team announced that users will be able to trade Ethereum starting from May 31. In its announcement, Huobi revealed that the company has come to a consensus to integrate support for Ethereum due to its exponential growth, high market liquidity, stability and increase in the demand toward Ethereum…

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The Cryptocurrency Market Is Growing Exponentially

May J, 2017
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The Cryptocurrency Market Is Growing Exponentially Bitcoin dominates over other digital currencies today, but the data suggests its market share will drop significantly in the next few years. When it comes to the future of money, there is a growing consensus that cryptocurrencies are set to play a major role. One cryptocurrency, in particular, has entered the public lexicon as the go-to digital asset: Bitcoin. But the cryptocurrency market is significantly more complex than the public lexicon might suggest. And…

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Bitcoin Should Figure in Your Investment Porfolio

May J, 2017
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Bitcoin Should Figure in Your Investment Porfolio   Boris Schlossberg of BK Asset Management has joined the cadre of investment advisors who see bitcoin as a way for investors to hedge their bets against market uncertainty. Schlossberg, according to CNBC, sees bitcoin as an addition to an investment portfolio in the wake of political uncertainty. CNBC’s “Trading Nation” explored ways for investors to hedge against growing political uncertainty following Wednesday’s big equities selloff. Stocks traded slightly higher on Thursday following…

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Bitcoin Price Officially Doubles That of Gold

May J, 2017
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Bitcoin Price Officially Doubles That of Gold, Experiences Minor Correction Until May 26, Bitcoin price remained at around $2,550, demonstrating a value that is double that of gold. Gold is being traded at $1,267 in most major markets. For two straight days, from May 24 to May 26, Bitcoin was being traded at a price that is double that of gold, in the $2,600 region. In other Bitcoin exchange markets such as Japan and South Korea, Bitcoin price peaked at…

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Bitcoin is going wild — here’s what the cryptocurrency is all about

May J, 2017
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Bitcoin is going wild — here's what the cryptocurrency is all about Bitcoin is a currency just like the US dollar or Mexican peso. It's also back in the headlines after soaring in value. One bitcoin was worth $2,800 on May 25, up from $1,200 at the end of April. In countries that accept it, you can buy groceries and clothes just as you would with the local currency. Only bitcoin is entirely digital; no one is carrying actual bitcoins…

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Bitcoin Surge Is Driven by People Leaving Riskier Digital Currencies, Say Execs

May J, 2017
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Bitcoin Surge Is Driven by People Leaving Riskier Digital Currencies, Say Execs Bitcoin’s dramatic surge may be more than just a speculative frenzy. The recent rally is being driven partially by enthusiasts rotating out of riskier digital assets and into the more established cryptocurrency, according to industry executives. "A lot of the volume into bitcoin right now is actually not dollar or yen or euro into bitcoin, but is rather alt digital assets," said Peter Smith, co-founder and CEO of…

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Billion Dollar Cryptocurrency Club Swells to Six Members

May J, 2017
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Billion Dollar Cryptocurrency Club Swells to Six Members Bitcoin’s market cap surpassed $37 billion today when the price hit $2271.16, commanding more than a billion in trade volume in a 24-hour period, according to coinmarket.com. The total value of the coin market is now at $81.3 billion, as the last two days added more than $10 billion to the capitalization. Bitcoin’s value has almost doubled in the last month, even while its market share has fallen below 50%, thanks to…

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Top 10 Tips For Cryptocurrency Investing, As Bitcoin And Ethereum Surge

May J, 2017
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Top 10 Tips For Cryptocurrency Investing, As Bitcoin And Ethereum Surge The price of Bitcoin and Ethereum have exploded in 2017. The question is whether there is sufficient upside potential to consider investing in cryptocurrencies. Stated differently, is it still worth looking into cryptocurrencies as an investment or is it too late? The key consideration is that Bitcoin is not the only cryptocurrency to invest in. On the other hand, Bitcoin has made cryptocurrencies popular and even more secure. Yes,…

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As Price Reaches Record Highs, is Bitcoin in a Capacity Crisis? – CryptoCoinsNews

May J, 2017
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As Price Reaches Record Highs, is Bitcoin in a Capacity Crisis? – CryptoCoinsNews   Imagine you are slightly late for work, quickly getting a shower, brushing your teeth and all the rest, walking – in an almost running manner – to the tube station, to then find out there are 200,000 people waiting outside to get the train. What’s more, the train only handles 4,000 individuals and arrives every ten minutes, during which period new individuals arrive at a rate…

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Bitcoin Price Breaks $2,000 in Historic All-Time High

May J, 2017
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Bitcoin Price Breaks $2,000 in Historic All-Time High   Bitcoin price has, for the first time in its history, reached $2,000 and beyond during trading on Saturday. The world’s most prominent cryptocurrency began trading in 2017 at $1,000 per coin, with today’s new all-time high representing a doubling of value for bitcoin. On an average, bitcoin price climbed to $2,040.88 in global trading markets. On the Bitstamp Price Index (BPI), price struck a high of $2,020. Trading leading into Saturday…

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