Tag: Bitcoin

December 18, 2017 BY Mariela Naydenova

The problems associated with a $100,000 Bitcoin

While Bitcoin’s price is rising swiftly as 2017 draws to an end, many are now talking about the possibility of Bitcoin going to $100,000 in the future. However, as such prediction may be too far to consider, there are some major issues associated with the potentiality of the digital currency going “through the roof” in…

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December 18, 2017 BY Valentina Kirilova

Swissquote to offer Bitcoin, Bitcoin Cash, Ether, Litecoin, and Ripple

Swissquote Group Holding SA (SWX:SQN) announced that it has just launched trading of four cryptocurrencies in addition to Bitcoin: Ether, Litecoin, Ripple and Bitcoin Cash. Swissquote has been offering Bitcoin trading already since July 2017 and has launched the first actively managed Bitcoin Certificate traded on SIX Swiss Exchange. With now five virtual currencies, it is…

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December 16, 2017 BY Mariela Naydenova

The first ever house to be sold entirely for Bitcoin

As many countries and businesses have used blockchain and bitcoin to improve the economy of their own, the real estate market is taking full advantage of what seems to be the most popular topic and currency of the year: Bitcoin. Mirror, a UK online newspaper, confirmed that a four-bedroom home in Essex is the first…

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December 13, 2017 BY Mariela Naydenova

Bitcoin down with 7%, futures trading at a halt

After reaching a new all-time high of $17,600 on Tuesday, Bitcoin is down 7% today and slumping below the $16,000 level. While this correction may be normal in value after a steep rise, the decline caused a freeze on the futures trading and contracts on CBOE, which launched bitcoin futures this week on Sunday, December…

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December 12, 2017 BY Mariela Naydenova

Is leveraged trading driving bitcoin prices?

Investors are now wondering what is going on with Bitcoin's price craziness, as the price chart already looks like the infamous "hockey stick", and experts are grasping to find the reasons why the digital currency is now hitting the $17,000 level every day. The answer may be leverage. The Japanese exchange, bitFlyer, said that their…

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December 11, 2017 BY Mariela Naydenova

Litecoin - the real winner after CBOE launched bitcoin futures

Litecoin is currently the fifth largest cryptocurrency available to investors by market capitalization (around $11 billion). According to Coinbase, the digital currency is up with +4,752.77% annual change. Now, in just under 24 hours, Litecoin's price jumped with almost 25%, reaching a new high of $197, just after CBOE launched bitcoin futures on 10th December,…

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December 06, 2017 BY Mariela Naydenova

New all-time high: Bitcoin reaching $13,000 price level

Close to the launch of bitcoin futures by CME Group and other exciting news, the “people’s currency” is going through the roof. While many thought that Zimbabwe enjoyed a price level of around $14,000 that is not easily attainable in other countries, today Bitcoin gained over $1,200 in just 24 hours. The truth is, based…

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December 06, 2017 BY Valentina Kirilova

Bitcoin: Big change or loose change?

The following post is courtesy of Lilian Chovin, Investment Strategist at Coutts. Bitcoin was all over the place this week – and not just in the media. It reached an all-time high by breaking through the $11,000 mark but then fell by 20%. Its sharp rise brought back memories of the dotcom bubble back at…

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