Latest News On Cryptocurrencies

Bitcoin has sustained its phenomenal rise and already surpassed the  $18,000 per token level  as of Dec. 7, 2017. Because of this, the leading virtual currency’s  market capitalization  (cap) has also swelled to a new  record high of $305 bln , surpassing that of payments technology firm Visa, whose  market cap  is currently pegged at $254.74 bln. In his  tweet , Pension Partners Director of Research Charlie Bilello said that Bitcoin’s cap has already surpassed that of Visa’s. Visa is currently the biggest electronic payment processor in the world with a revenue of $8.9 tln and 141 bln transactions annually. View image on Twitter Charlie Bilello ✔ @charliebilello Bitcoin's market cap just passed Visa's. Yes, that Visa: Largest electronic payment processor in the world $8.9 trillion in 141 billion transactions per year Across 160 currencies and over 200 countries $ BTC.X   $ V 7:28 PM - Dec 7, 2017 ...

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...