Bitcoin has already reached the historic $2,000 mark on some exchanges as momentum gains among investors.
Data from Bitfinex shows asking prices of over $2,000 per coin Friday as the price per coin many thought would take years becomes reality.
Liquidity variations mean that some exchanges have already traded Bitcoin above $2,000. Bitfinex is leading the group of ‘mainstream’ resources crossing the boundary.
Price stagnation in the $1,800 range had led commentators to suggest a run higher was less likely, while others suggested bubble-like behavior had already set in and that a correction downwards would shortly come.
So far, this has not occurred, with prices this week making up the remaining $200 to see Bitcoin’s price almost twice what it was this time last month.
More optimistic sources such as BTC China CEO Bobby Lee are now turning their attention to what is considered the next major ‘landmark’ price - $10,000.
My number of @Twitter followers has just reached 10K!
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On Friday, a Canadian court ordered a two-month jail sentence against PlexCoin creator Dominic
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An early bitcoin investor said Monday the digital currency can run higher, but the hype has far outpaced its usability. "I think in the short run it can run up a lot more," Roger Ver, CEO of
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Futures Launch Puts Record Bitcoin Highs Back in Play – Yahoo Finance
Digital currency bitcoin begins trading on major exchange for first time in Chicago WLS-TVBitcoin Futures Started So Hot That Trading Had to Be Halted Twice FortuneBusiness Insider Â âCNNMoney Â â
Understanding Futures: A Primer for Bitcoiners
Lanre Sarumi is the CEO of Level Trading Field, an interactive online platform for professionals in the finance industry.
"Study the past if you would define the future." – Confucius
Bitcoin Price Back Above $17k to Set New All-Time High
The price of bitcoin has pushed back above $17,000, hitting a new all-time high on CoinDesk's Bitcoin Price Index (BPI).
As of press time, the BPI had climbed as high as $17,382.64, beating the $17
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Two exchange-traded fund (ETF) providers have filed with the U.S. Securities and Exchange Commission (SEC) to create Bitcoin ETF products that trade in cryptocurrency derivatives.
According to the