Monday 27 November 2017

US$10,000 in sight for bitcoin as it rockets to new record high

Bitcoin’s vertiginous ascent showed no signs of abating on Monday, with the cryptocurrency soaring to another record high just a few per cent away from US$10,000 (NZ$14,481) after gaining more than a fifth in value over the past three days alone.

The digital currency has seen an eye-watering tenfold increase in its value since the start of the year and has more than doubled in value since the beginning of October, lifted by the prospect of crossing over into the financial mainstream, amid a flurry of crypto-hedge fund launches.

It surged as much as 4.5 per cent on Monday to trade at US$9721 on the Luxembourg-based Bitstamp exchange, before easing back to around US$9600.

​Data compiled by Alistair Milne, the Monaco-based manager of the Altana Digital Currency Fund, showed US bitcoin wallet provider Coinbase added 300,000 users between Wednesday and Sunday, during the US Thanksgiving holiday. The total number of Coinbase users globally now stands at 13.3 million.

from Eve’s Feed http://www.stuff.co.nz/business/world/99305785/US-10-000-in-sight-for-bitcoin-as-it-rockets-to-new-record-high




from
https://evewilki1971.wordpress.com/2017/11/27/us10000-in-sight-for-bitcoin-as-it-rockets-to-new-record-high/

No comments:

Post a Comment