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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World’s Biggest Options Exchange (CBOE) Embraces Bitcoin

A 1.6 Billion Bitcoin Opportunity for Wall Street Exchanges detailed by a cryptocurrency report by the Bank of America Merril Lynch. Bitcoin can no longer be ignored as more investors want exposure to the cryptocurrency. Futures Options and ETF’s are the focus points for a collaboration between Gemini Bitcoin Exchange and the Chicago Board Options Exchange – when this comes to fruition, it could put a fire under the Bitcoin price and value.     In a recent Coindesk article on Bitcoin Futures Trading – “Among CME Group chairman and CEO…

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The Bitcoin Wallet is Dead!

Every day, people are being introduced to Bitcoin and the first thing everyone does is open up an online wallet so that they can begin transacting with Bitcoin. The understanding of the different wallets available is key to ensure the safety of your digital assets.   Watch the video here:-   In this short video, discussion points as follows:–   Faith in Third Party Providers such as Exchanges; Online Wallet Providers and Mobile Apps often this trust ends in Tears! For Example, MtGox, Bitfinex plus other recent exchange hacks and…

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