Bitcoin Now $15 Bln Market, Going to $1000 Mark
The total USD value of Bitcoin supply in circulation as calculated by the daily average market price across major exchanges has just crossed a new all-time high $15 bln record today December 27, 2016, as its unit price continues to climb closer to the $1000 mark. According to CoinMarketCap, $129.7 mln worth of Bitcoin has been transacted in the last 24 hours. This amount is a little lower than those recorded during recent price changing events. On Christmas Eve, for example, about $224 mln was transacted in a day yet the price of Bitcoin was $920. Hence, it beholds that the transaction....
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It should no longer be a surprise that the price of Bitcoin hit $1000 this week on Japanese exchange Mt. Gox, but now, another exchange has creeped up to the $1000 mark. That's Bitstamp, of course. The exchange, which has always trailed a ways behind Mt. Gox (except for recently when the price between Mt. Gox and Bitstamp were nearly equal) is now in the 4 digits - which really reinforces just how valuable Bitcoin has become. The question is: will the $1000+ price keep it up?
Things we definitely looking promising on Tuesday when the price per bitcoin had gone past the $1000 USD mark at the Mt. Gox exchange. But the excitement, alas, was short lived. On Wednesday, the bitcoin market saw a small slump, dropping right back past the $1000 mark to a low of $877. At the time of this writing, the price at Mt. Gox is about $944, and $910 at Bitstamp (which is a better metric for the price of bitcoin because traders can actually withdraw USD from bitstamp in a reasonable timeframe). With that, there's absolutely no telling where this is going. We'll keep you updated....
Bitcoin price has scaled beyond the $1000 for the second time in 2017 and the first time in four weeks. The end of 2016 saw the cryptocurrency flirting with $1000 before scaling the mark come the new year. The Bitstamp Price Index (BPI) reveals bitcoin scaling the $1000 milestone at 16:30 (UTC) on Thursday and despite a brief dip shortly after, bitcoin was trading to the dollar at $1010 at the end of day. Momentum stuck through the early hours of Friday as price swelled further to register a high of $1022.6 at 06:30. Prices fell below the threshold again toward $998 before recovering near....
The cryptocurrency world is abuzz again as Bitcoin price continues to climb to new heights. It is almost getting to a point many Bitcoin enthusiasts have seen before, although for only a short period of time - 1 mBTC getting to be on par with $1. Bitcoin price has almost crossed the $1000 mark on several exchanges including Bitfinex, Poloniex and Bitstamp as at the time of writing. With the look of things, the crossing may happen today, Feb. 2 although the likes of Erik Voorhees and several other onlookers had predicted it would have happened at least a day earlier. The last time the $1000....
Shiba Inu’s latest rally has taken the coin to a profit of 1000% over the last month. Here’s how much money you would have made if you had invested $1000 during different points in SHIB’s history. Shiba Inu Is Up 1000% In The Last Thirty Days The entire crypto market has been rallying up this past month and many coins, including Bitcoin and Ethereum, have set new all-time highs (ATHs). But the most impressive of all has to be Shiba Inu’s rally that has taken the coin up 1000% over the last thirty days alone. The DOGE clone’s gains have been the talk around the....