Earlier today, on October 12, CCN reported that the Bitcoin price had achieved a new all-time high at $5,150. Within the past few hours, the Bitcoin price has increased from $4,150 to $5,419, establishing a new all-time high again. Since October 11, in a 24-hour span, the Bitcoin price surged from $4,750 to $5,384, recording a staggering 13.34 percent daily increase. Three Major Factors of...
Digital currencies reached a new high today, surpassing $28 billion, a more than doubling from their previous all-time high of around $12 billion back in 2013. Indicating an increasing interest in digital currencies and the wider blockchain space. The main driver is, of course, bitcoin, which is nearing $20 billion once more after rising for much of the week from around $1,000 to approximately...
Ethereum has risen above $30 following the bitcoin ETF rejection in what appears to be a bull run. The currency now has a market cap nearing $3 billion. The highest ever achieved by any digital currency except for bitcoin. Ethereum has its own unique smart contracts aspect which makes it complementary to bitcoin in many ways, but some suggest part of its gains are due to bitcoin’s on-going...
Ethereum has risen to new heights in the past 24 hours, reaching an all-time high of around $24. Up from around $16 in what appears to be a bull run over the past two days. The currency has further reached a market cap of more than $2 billion, the highest ever achieved by any digital currency except for bitcoin, giving ethereum a more than 10% share of bitcoin’s market cap. The rise began shortly...
The digital currency space has reached new heights with a total market cap of more than $24 billion, an all-time high. The main driver appears to be the two biggest digital currencies, bitcoin and ethereum, which have attracted adoption based on different use cases. Bitcoin is now seen as a hedge and a useful addition to investment portfolios due to its unique nature which means it is...
What a comeback. The digital currency that so often has been proclaimed dead, has risen from around $163 just two years ago, to now breach the all-time high on the average price weighed index. Bitcoin stood, across exchanges, at $1,147 in late 2013. Now, on a weighted average, it stands at $1,161, officially breaking the all-time high. Few thought this will happen. Mired in controversy regarding...
Bitcoin has been on a rally over the past week, increasing by almost $200, reaching a near all-time high of $1,140 on the most liquid western exchanges. It is just $26 short of breaching all-time high, but will it? We won’t mention devaluation, but yuan has weakened slightly recently. However, the currency has been fairly stable over the past month, moving within a bounded range, while bitcoin...
BitPay’s monthly bitcoin transactions have reached a new record, surpassing 200,000 for the month of December, up from around 180,000 in the previous month, according to data shared with CCN by James Walpole, BitPay’s Marketing & Communications Manager. BitPay’s transaction volumes have more than doubled in 2016, continuing a seemingly exponential trend as bitcoin’s adoption increases all...