giftedviz.com
giftedviz.com July 21, 2018


The price of one Bitcoin is now worth more than $5000

13 October 2017, 12:53 | Austin Hogan

Since the start of 2017, the value of the cryptocurrency has increased by 500% this year.

Bitcoin's community of users control and regulate the currency, and the anonymity of transactions that endears it to libertarians has raised concerns that it can be abused by criminals.

Bitcoin tumbled below $4 000 last month after China's central bank stepped up regulations on digital currencies, banning initial coin offerings, a popular means of fundraising for startups.

"People are just wanting to be part of it", said Ryan Nettles, head of FX trading and market strategy at Swiss bank Swissquote, which launched bitcoin trading two months ago.

"The interest really stems from the media hype", he added. It's price also reached a historical value of $5,226; this is not the first time Bitcoin's price has soared.

CM's iconic blue vehicle stolen from outside Secretariat
Deputy Commissioner of Police (Central) Mandeep Randhawa said the police registered the FIR around 4 p.m. People have been seeing the blue WagonR even before Arvind Kejriwal came to power.


Florida business groups to Trump: Back off plans to kill NAFTA
Mexico could leave NAFTA and have the strength to move on without any serious long-term structural damage to the economy, he said. Trudeau's visit to Mexico is his first official sojourn to the country and follows Pena Nieto's visit to Canada in June 2016.


Ruffalo accidentally livestreams parts of new fi lm Thor: Ragnarok
As fans will remember, the last time Hulk was shown in the MCU was back during Avengers: Age of Ultron . Universal has the rights, and for some reason, they don't know how to play well with Marvel .


The main reason why the valuation of Bitcoin is rising is due to a rise in demand for the cryptocurrency.

Bitcoin was trading up 8 per cent on the day around $5200 on Luxembourg-based exchange Bitstamp. "For bitcoin no such fundamentals exist".

The bitcoin price went meteoric on Thursday, surging past $5,400 to shatter the all-time high it set at the beginning of September.

The price rise of Bitcoin could be as a result of its monopoly in the cryptocurrency market.



Other News

Trending Now

Woman Wrestles Shark Out Of Pool With Bare Hands
The video was posted to the Facebook page of Cronulla Real Estate , the company Hatheier works for when not wrestling sharks. Huge cheers could be heard in the background as she succeeded in lifting the shark up and threw it back into the sea.

Equifax may have been breached again
The company has taken part of its website offline after an independent analyst said the site may have been hacked. Richard Smith, the company's former chief executive stepped down.

Envoy says United States cooperation helped reduce attacks in Turkey
Erdoğan also stated that the detention process of the US consulate officer Topuz "is ongoing within the constitutional framework". Turkish authorities last week detained Metin Topuz, a Turkish citizen working for the U.S. consulate in Istanbul.

Radamel Falcao Responds To Accusations That He Negotiated Colombia Vs Peru Draw
Peruvians celebrated, realizing that they are on the brink of qualifying for the World Cup after drawing with Colombia . In comparison to the likes of Chile, Colombia and especially Argentina, Peru certainly lack pedigree and profile.

U.S. flies bombers over Korean peninsula with South Korean, Japanese fighter jets
The Pentagon also declined to comment specifically on reports of the potential breach, but spokesman Col. On the same day as Trump's meeting with military leaders, the U.S.

Lavrov says Tehran abides by all commitments on Iran nuclear deal
In exchange, the U.S., China France, the United Kingdom and Germany would relax economic sanctions each country imposed on Iran. Federica Mogherini, while talking to PBS TV channel, on Wednesday, highlighted Iran's full compliance with the 2015 deal.

Arsenal boss Wenger fears lengthy absence for Mustafi
Arsene Wenger has revealed Arsenal defender Shkodran Mustafi will be out of action until next month due to a hamstring injury. It looks like if he survives the test he is capable to play".

Owner of Breaking Bad house installs fence to combat fans' pizza throwing
In fact, the family who lives in the Breaking Bad house, as it's called, has lost track of the number of times the place has been vandalized.

Facebook to help investigators release Russia-backed ads
All three companies have been asked to testify publicly about Russian interference before both the House and Senate intelligence panels on November 1.

James Murdoch survives close call with shareholders
Game of Thrones helped Sky increase customer numbers by 51 per cent in the first quarter, as revenue and earnings also grew. Mr Murdoch won 51% of votes cast by independent shareholders at the annual general meeting - up from 49% a year ago .