Cryptocurrency Market Cap over $347 Billion

2017 has been the year of cryptocurrency.  The market has grown in value by 1850% since 1 January 2017 as Bitcoin and some cryptocurrencies have rocketed in price.  The Bitcoin meteoric rise is being reported by mainstream media daily sparking interest across the globe.  One of the drivers of the Bitcoin price is certainly the news that the CME Group, the world’s largest options exchange, integrates its Bitcoin futures exchange by 17 December and open to trading the following day.  The CBOE (Chicago Board Options Exchange) announced plans for Bitcoin contracts…

Read More

Mainstream Media, Influencing Bitcoin Price and Adoption

Mainstream Media is getting behind Bitcoin in a big way – daily reporting by Media giants such at Bloomberg, Reuters, CNBC and BBC.  Mainstream Media adoption plays a significant role to introduce Bitcoin and cryptocurrency to the greater community, whether the news is sensationalist, good or bad.  The more consumers see information forthcoming from these media giants, the more Bitcoin adoption will grow.   The good news is that the core proposition of Bitcoin is… Democratization of the financial system Financial Independence Freedom from banks and government   But, it…

Read More