Latest News On Cryptocurrencies

The global average bitcoin price across major markets including the US, Japan, South Korea, and Europe has surpassed $16,000, peaking at $16,422. Within the past 24 hours, the price of bitcoin has recorded an increase of nearly 30 percent, outperforming all of the top ten cryptocurrencies in the market, including Ethereum, Bitcoin Cash, and Litecoin. $10,000, the “Psychological Level” Passed, Anything is Possible? George Kikvadze, a highly regarded bitcoin investor and vice chairman at leading bitcoin mining firm Bitfury, stated that the $10,000 mark was the psychological level for the majority of investors and traders in the bitcoin market. Once the price of bitcoin breached $10,000, it skyrocketed to $15,000 within a period of several days, and according to Kikvadze, anything is possible beyond $10,000. “What a momentum. Buying up more at $13,000. As I said $10,000 psychological level was passed. Now anything is possible,” said Kikvadze. Over the next few weeks, e...

NEW DELHI: Bitcoin surpassed $15,000 for the first time ever on Thursday, ahead of the launch of Biotcoin futures on Chicago-based CBOE this coming Sunday. The cryptocurrency hit a 24-hour high of $15,340 per unit and 24-hour low of $12,662.86, as of 10 am IST, data available on coingecko.com suggested. The e-currency has been on a roll ever since the beginning of this year. The digital currency has zoomed over 1400 per cent year-to-date to hit the all-time high level of $15,000-mark in Thursday’s trade from a sub-$1,000 level at the beginning of the year. Extraordinary returns delivered by the cryptocurrency has made it the talk of the town. Pankaj Jain, a New York-based bitcoin investor in an interaction with ETMarkets.com advised small investors not to invest more than 1 to 3 per cent of their net worth in cryptocurrencies. High-net worth investors should refrain from investing more than 5 to 10 per cent of their investable money in this digital currency, he sa...

Bitcoin temporarily hit $12,000 and a $200 bln market cap Tuesday before correcting as prices continue their remarkable week-long surge. As  major exchanges  such as Coinbase, Bitstamp, Kraken and others trade around $11,850 at press time, lively global markets produced an  average  all-time high of $12,027. This is the first time Bitcoin has passed the new barrier, having grown from $9200 lows within a matter of days. The  pace of progress  comes as the prospect of a Wall Street influx via regulated Bitcoin futures comes true December 10 and 18 as CBOE and CME Group enter the market. Commenting on the continuing investment into Bitcoin, Chris Burniske noted the swing away from ICOs in recent months to favor the largest cryptocurrency. Chris Burniske ✔ @cburniske # ICOs  feel to have lost some of their luster as  # bitcoin  has regained its shiny gold reputation in the mainstream’s eye. 6:33 PM - Dec 5, 2...