From being a highly desired asset relegated to the dark recesses of the finance industry, it's now Bitcoin's time to shine. Cryptocurrencies in general are becoming more and more popular, with their combined market cap recently reaching $600 billion.
Bitcoin in particular has been having a stellar time on the crypto charts, breaking the $20k barrier, and growing by well over 1,700% in 2017, with December seeing it's price increase by over 80%.
Another step into its mainstream adoption is futures trading. CBOE has already released their product, with CME following suit and Nasdaq launching their futures trading during the first half of 2018.
Read More
The digital currency revolution is proving to be extremely lucrative for those who are invested in it. Its combined market cap reached the $600 billion mark, of which over half is attributed to Bitcoin, which set its own records in 2017.
These include recently trading at over $20k, and by enjoying an astronomical growth of over 1,700% for this year alone. In addition, Ethereum has also grown in leaps and bounds, currently trading at over $700.
Read More
There's no denying that digital currencies are the way of the future. Their decentralized nature holds a strong allure for individuals who not only want to avoid their country's strict cash-control policies, but who also want to truly own their wealth. Cryptocurrencies are not liable to anyone, including government and central banks.
The combined market cap for these currencies recently broke through the $600 billion ceiling, with Bitcoin leading the pack by trading at just over $20k on some exchanges. These numbers are a definite attraction, evident by the popularity of the recent futures trading initiatives led by CBOE and CME.
Read More
Tuesday, December 19, 2017
Bitcoin to face same regulations as other commodities
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment