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Saturday, 21 July 01:45 (GMT -05:00)



Foreign exchange market

Bitcoin Exceeds $3300 Threshold


Bitcoin, which is the world’s first and most popular crypto-currency, started another strong rally a few days after it was split into 2 versions. According to Coindesk, the classic version of Bitcoin exceeded the $3300 threshold and set another all-time high at $3319. The thing is that the market capitalization of Bitcoin has been growing continuously ever since the mentioned split.

 

 

 

 
For those of you who don’t know, on August 1st, there emerged 2 Bitcoin currencies – Bitcoin and Bitcoin Cash. At the same time, NordFX experts report that the rally has been suspended for now but it still too early to call it an end.

 

 

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At the same time, experts say that the difference in dynamics between Bitcoin and Bitcoin Cash indicates the difference in how they are perceived by the international community and the market. While the classic version of Bitcoin is going up in value, Bitcoin Cash is depreciating. On August 2nd, it was $800 but then crashed all the way down to $227 a couple of days later. The market capitalization of Bitcoin Cash is now roughly equal to 3,7 billion dollars while the one of Bitcoin is 53,7 billion dollars.

 

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Bitcoin Gets Cheaper on News about Hacking Swiss Cryptocurrency Exchange Bancor

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Publication date: 31 May 08:33 AM

Bitcoin Goes Down Before Another Rally?

The BTC exchange rate keeps on going down while being driven by a number of factors and circumstances. International experts say that the price of the world’s first and most popular cryptocurrency is currently going down just to gain some momentum later and skyrocket to new highs.

Publication date: 29 May 11:19 AM

Masterforex-V Analysts name Successful ICOs in May 2018

For those of you who don’t know, an Initial Coin Offering (ICO) is all about raising funds. To be more specific, startups sell their underlying crypto tokens in exchange for existing crypto currencies, mostly Bitcoin, Ethereum and other altcoins out there. This resembles an IPO in the stock market where investors buy a newly offered stock.

Publication date: 23 May 12:14 PM

Bitcoin Will Hit $20K, CoinShares Says

Bitcoin is really capable of getting back to the all-time high at $20K per coin. This is what founder of Coinshares Danny Masters thinks on the matter. He is not a rookie in this business. His company has been creating investment products for the cryptocurrency market and conducting blockchain-related research for years. Mr. Masters believes in the future of Bitcoin and altcoins. However, he thinks the market is yet to pass a few development stages. 

Publication date: 20 May 08:38 AM

German Stock Exchange Börse Stuttgart Welcomes Cryptocurrencies

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