Bitcoin Breaks More Records And Hits New All-Time High

Bitcoin Surges as CME Plans to Introduce Bitcoin Futures

The most popular and well-known cryptocurrency, Bitcoin, has been taking the headlines today due to the vast strength it has and surging to another high at $7,000. Unfortunately, such a device isn't now available, so the chance of seeing where Bitcoin will be in the next 10 years is not possible. The report suggests that Chinese regulators believe that Bitcoin might become a potential threat to the central bank of China, as it could potentially replace the official currency Yuan in daily transactions of citizens. Bitcoin has again attained a new record, jumping over the US$7,000 barrier. Bitcoin's market cap is now over $117 billion, with cryptocurrencies worldwide worth $190 billion, according to the Coinmarketcap website.

The recent success which is marked the highest ever happened because of the best known and biggest cryptocurrency, Bitcoins hit a new record which was in excess of $6500.

This week the cryptocurrency market reached a new record high. The concern of true believers is that absorbing bitcoin into the global financial system would destroy its value.

Colorado Police Searching For Scott Ostrem After Walmart Shooting Leaves 3 Dead
While investigators have no idea why the man started shooting, they did say the shooting is not known to be an act of terrorism. According to Colorado court records, while Ostrem declared bankruptcy in 2015, he does not have a lengthy criminal record.

The value of digital currency Bitcoin has increased sevenfold since the beginning of the year. Do you think that the popular cryptocurrency will further rise in the future? "However, if bitcoin breaks the lower support, this would send a very, very bearish signal to traders, indicating a breakdown of the 2-year long bull market", Bitcoin Magazine writes.

"Whoa. PayPal guy & @xapo @wences: only buy the #bitcoin you can afford... and predicts it will hit $1 million in 5-10 yrs #consensus2017". The bitcoin spot market has also grown to trade roughly $1.5 billion in notional value each day.

It is evident that there is a growing demand for the world's leading cryptocurrency. She has a keen interest in the blockchain space and the use cases the technology is being in and is excited to see what new changes the distributed ledger brings to our day-to-day lives.

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