Global Cryptocurrency and Bitcoin Market is Boosted by Rising Acceptance, Surging Investment by Venture Capitalists, Highly Volatile Value of Cryptocurrency: Ken Research

GURUGRAM, India, December 7, 2017 /PRNewswire/ Global cryptocurrency market by market cap of major players, Global bitcoin market by revenue, by bitcoin circulation and revenue from mining, segment (by volume of trade in exchanges, by use of bitcoin, mining facilities around the globe), Global bitcoin mining market (by type of mining, exchanges, matrix for bitcoin mining pool and type of payment methods) and Competitive landscape of major mining pools including AntPool, F2Pool, BitFury, BTCC Pool, BW.com, ViaBTC, SlushPool, HaoBTC, BTC.com and 1Hash.    Global Cryptocurrency and Bitcoin market value has augmented positively, majorly owing to increasing acceptance of cryptocurrency by merchants and shopkeepers.…

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Bitcoin Exceeds 1000% growth in 12 months

Bitcoin is smashing all-time records, recording a high of $8082 during the early hours of Monday, 20 November 2017.  This rally after a 29% drop in price earlier this month.  What is driving this price?       There has been much activity around Bitcoin during this year that could be tabled as drivers. Firstly, Japan made Bitcoin a legal payment system on 1 April 2017.  As shown in the graph below, the Japanese Yen dominates Bitcoin traded volume in the currency split followed by the USD and the South…

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Bitcoin Pushes Past $7000, is this sustainable?

Bitcoin one year ago was trading at $733, today Bitcoin is over $7000, an increase of more than 860% in 12 months.   source – Cryptocompare   Numerous questions arise as to the resilience of Bitcoin and why the price is driving towards new highs, some predicting from $10,000 by end of 2017 to the prediction of $27,000 in a few months time by Trace Meyer.   As reported by bitcoin.com, Economist Jeffrey Tucker believes that Bitcoin will not be controlled or limited by governments.  Tucker says “Bitcoin is the application…

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Bitcoin is a Bubble

Many have had their say over the past couple of weeks.  From Jamie Dimon (JP Morgan) slating Bitcoin and calling it a “FRAUD” to James Gorman, CEO of Morgan Stanley, recognizing that Bitcoin is “more than just a fad.”  Now Mike Novogratz, ex-hedge fund manager, formerly of the investment firm Fortress Investment Group says Bitcoin is the largest bubble we will see in our lifetimes.   An excerpt from Bloomberg article “A Crypto Fund King Says Bitcoin Will Be the Biggest Bubble Ever” “Remember, bubbles happen around things that fundamentally change…

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Another Bitcoin in the making?

Bitcoin, Bitcoin Cash and now Bitcoin Gold? Is this really happening? Interesting to note that a number of developers believe there will be more hard forks in the future which will create another “Bitcoin”.   Details are still a bit unclear, however, we are sure to hear more about this developing story.  Let’s keep our eyes on this.   Read in more detail here  Collect your FREE PDF – The Bitcoin Believers Business Manifesto Please leave your questions and comments below: What is EOT?  Learn more by clicking on the…

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The Great Bitcoin China Showdown

China has banned ICO’s and Bitcoin trading is next – Exchanges have been ordered to shut down their Chinese operations. This sudden development begs some questions:- Will Bitcoin mining be affected? Will compliant exchanges reopen with stricter rules and regulations? Is China developing a sovereign digital currency?   Bitcoin is proving to be resilient … once again.       Smartphones are coming to a blockchain near you, Futuretech on BitVault – Click here to listen     Collect your FREE PDF – The Bitcoin Believers Business Manifesto Please leave…

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Bitcoin News 6 September 2017 – Cryptocurrency Prices Bounce Back amidst ICO clamp down.

Bitcoin News today highlighting cryptocurrency price bounce back after a slump earlier this week due to the news that China has officially outlawed ICO’s. Most ICO’s are created on the Ethereum Network and other platforms – could the move in price for top cryptocurrencies be attributed to speculators and investors moving away from ICO’s? Exchanges have started the refund process.   Top 10 Crypto’s on coinmarketcap.com all showing gains in the past 24 hours.     Adding to the ICO discussion, the Hong Kong financial regulator, the Securities and Futures…

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Who is Buying Bitcoin?

The Bitcoin price and value continue to rise and this week has seen Bitcoin drive past the $5000 level, a new all time high. Interesting to note that Japan leads the current 24-hour ranking. #1 Japanese Yen – 54.54% #2 U.S. Dollar – 26.64% #3 Chinese Yuan – 8.23% #4 South Korean Won – 6.11% #5 Euro – 3.01%   In 2016, reporting showed that most of the trading was coming from China, however, since the People’s Bank of China imposed strict regulations on the crypto exchanges in the country, the percentage…

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Bitcoin and Altcoins: Blockfolio App Review – Thumbs Up!

What is Blockfolio? According to the website, Blockfolio is a Bitcoin and Altcoin Portfolio where they “offer a complete cryptocurrency management, with easy to use tools to keep track of all your cryptocurrency investments. Get detailed price and market information for individual currencies and your entire portfolio all in one place”   With features such as Charts and Price notifications in various currencies such as USD, CNY, EUR, GBP, AUD, CAD, SEK, BRL, and others, downloading the Blockfolion is a must!   Also, a great way to track a new…

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Bitcoin News 21 August 2017 – Japan Driving High Consumer Demand for Bitcoin

In the Bitcoin news today with the leading story that Japan’s top customer-to-customer (C2C) ticket exchange marketplace, Ticket Camp will be the first in the Japanese ticket industry to accept bitcoin.   The site has about 5 million users and processes approximately 5.8 billion yen per month – all of these users will now be exposed to Bitcoin thus creating more demand. In recent months, the Japanese Yen has dominated Bitcoin trading as more than 50% of Bitcoin has been traded in the currency. Bitcoin growth in the past two…

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