Heroes of Ukraine

«Market Leader» - news and previews making you rich.

Tuesday, 19 June 00:22 (GMT -05:00)



Foreign exchange market

Bitcoin Goes Over $9000


Over the weekend, Bitcoin reached two psychological thresholds. On Saturday, November 25th, the world’s first and largest cryptocurrency gained $280 per 1BTC at a time and reached 8700 USD/BTC. On Sunday, November 26th, Bitcoin gained $400 per 1BTC at a time broke 9000 USD/BTC, thereby setting another all-time high, even though the exchange rate retraced back shortly after the record.
 
 
It seems like Bitcoin is not going to settle down. This morning, the most popular digital currency has set a new all-time high - 9643,89 USD/BTC. It’s interesting to note that the new record pushed the BTC market capitalization up to $161 billion. At the same time, the total market cap of the entire cryptocurrency market is now well over $284 billion, NordFX reports.


 
In case you didn't know, Bitcoin broke the 8000 USD/BTC threshold on November 17th. By that time, Bitcoin had already gone up in value by more than 700% – from 950 all the way up to 8000 USD/BTC ­since early 2017.
 
According to the survey conducted by LendEDU among Bitcoin investors, they expect the digital currency to skyrocket to $196000 per 1BTC over the next few years. Well, their hopes are backed by the current dynamics. It took Bitcoin 1789 days to reach 1000 USD/BTC. After reaching 5000 USD/BTC, the dynamics accelerated dramatically. Over the last few months, the digital currency has been gaining another $1000 every couple of weeks. To gain another thousand dollars, Bitcoin spent just 9 days!
 
Experts say that the international community of Bitcoin investors have been resuming their interest in Bitcoin since there are hopes that the Segwit2x hard-forking will eventually take place in the near future. For those of you who don’t know, the event was scheduled for the end of November but then suspended, which make Bitcoin crash down to 5600 USD/BTC since investors had switched to other digital currencies. Later on, the community started spreading the rumor that Segwit2x is not dead. Couple with the news, about CME Group’s plans to launch BTC futures, all of that pushed Bitcoin higher to set new all-time highs. 

 

 

 

You are free to discuss this article here:   forum for traders and investors

 

Add to blog
Got a question? – Ask it here »
 

Today’s Bitcoin Rate Signals Growing Risks in Banking Sector

Yesterday, the BTC exchange rate suddenly started growing, probably as a part of a recovery move against the existing downtrend. According to CoinMarketCap, the current BTC exchange rate is somewhere above 7500 USD/BTC. Over the last 24 hours, the world’s first cryptocurrency has gained some 5%, trying to recover from May’s downtrend (in case you don’t know, the coin has lost 20% since early May before starting to recover yesterday).

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

Soon enough, maybe this fall, German stock exchange Börse Stuttgart is going to start working with cryptocurrencies. For that purpose, the exchange is expected to use its branch. Trading cryptocurrencies will be implemented through the Bison app. The expected trading turnover is around 100 billion dollars.

Publication date: 17 May 12:00 PM

Bitcoin Goes Down, Getting Closer to 8000 USD/BTC

Earlier today, the world’s first and most expensive crypto currency was going down while continuing the downtrend seen a day before. According to CoinMarketCap, the BTC exchange rate dropped below 8300USD/BTC, though it recovered a bit later on. Over the last 24 hours, the currency lost more than 5% of its dollar value. 

Publication date: 16 May 11:51 AM

Bitcoin Rallies Despite Criticism from Buffet and Gates

This trading week, Bitcoin is unlikely to conquer another major threshold located at 10000 USD/BTC. The thing is that some Bitcoin investors were cooled down by the statements made by investment guru and billionaire Warren Buffett, founder of Berkshire Hathaway, as well as by Bill Gates, founder of Microsoft and one of the richest people on the planet.

Publication date: 10 May 09:05 AM

Will Bitcoin Rate Exceed $10K This Week?

This week, the BTC exchange rate may well break above 10000 USD/BTC, most of the experts interviewed by PRIME think.

Publication date: 09 May 12:51 PM

Bitcoin Prospects Look Vague Against Altcoins

The situation in the global market of cryptocurrencies has been changing for a while. Bitcoin seems to be gradually losing its status of the world’s biggest and most popular digital currency.

Publication date: 05 May 10:53 AM

Bitcoin Exchange Rate Goes Up Rapidly, Over $9600 Already

Over the last few days, the Bitcoin exchange rate has been going up continuously. On Thursday, the rate conquered two strong levels of resistance at 9300 and 9400 dollars respectively. On Friday morning, the rate changed to 9600 dollars and continued its way up to new local highs.

Publication date: 04 May 02:08 PM