Bitcoin

The What and Why Bitcoin Price Reached $7,000

3 months ago 7ring Comments Off on The What and Why Bitcoin Price Reached $7,000
This week, Bitcoin price, on its usual upward trajectory, barely blinked as it smashed through the $7,000 mark. The Bitcoin community obviously celebrated as the king of digital currencies shows no sign of slowing, but what is behind this latest rally? The biggest factor behind the rally was the announcement of Chicago Mercantile Exchange’s decision Read More

Bitcoin ‘Trying to find Stability’: Allianz’s El-Erian Softens Stance on Crypto

3 months ago 7ring Comments Off on Bitcoin ‘Trying to find Stability’: Allianz’s El-Erian Softens Stance on Crypto
Allianz’s chief economic adviser Mohamed El-Erian has joined Bitcoin skeptics appearing to soften their stance on the cryptocurrency. In a manner similar to JPMorgan’s Jamie Dimon, El-Erian, who previously stated Bitcoin should be worth 50 percent of its value, told CNBC it was “trying to find stability.” “…It’s more of a commodity than it’s a Read More

$7,150: Bitcoin Price Hits New All-Time High; $10,000 by 2017’s End?

3 months ago 7ring Comments Off on $7,150: Bitcoin Price Hits New All-Time High; $10,000 by 2017’s End?
Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Earlier today, on November 2, the bitcoin price achieved a new all-time high at $7,150, entering the $7,000 region for the first time in history. In the past three days, the market has shown absolute confidence in the mid-term trend and performance Read More

BTCC Founder Bobby Lee: “Segwit2x Feature Is an Upgrade”

3 months ago 7ring Comments Off on BTCC Founder Bobby Lee: “Segwit2x Feature Is an Upgrade”
News This week Bobby Lee, the chief executive officer of the Chinese cryptocurrency exchange BTCC, held an Ask-Me-Anything (AMA) with bitcoin traders on the Reddit forum /r/bitcoinmarkets. During the AMA the conversation participants focused in on the Segwit2x hard fork set to activate on or around November 16. Also read: SPV Wallet Bread Lets Users Decide Read More

Bitcoin Shatters $7k Barrier After Futures Trading Announcement by CME Group

3 months ago 7ring Comments Off on Bitcoin Shatters $7k Barrier After Futures Trading Announcement by CME Group
Bitcoin continued its five-day surge, rising from $5,750 on Oct. 28 to just over $7,000 at press time on the GDAX exchange. The currency’s definitive smashing of its most recent all-time high and the $7,000 barrier seems to be tied to its increasing integration in mainstream finance. Futures and derivatives Just yesterday, the CME Group, Read More

$6,600: Bitcoin Price Hits New All-Time High, Factors For Recent Surge

3 months ago 7ring Comments Off on $6,600: Bitcoin Price Hits New All-Time High, Factors For Recent Surge
Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Earlier today, on November 1, the bitcoin price achieved a new all-time high for the third time in the past week, surpassing the $6,600 mark on a global average. Major BTC-to-USD exchanges such as Bitfinex and GDAX recorded a daily peak at Read More

Cryptoshuffler Proves Bitcoin Owners Susceptible to Malware, Steals $150,000

3 months ago 7ring Comments Off on Cryptoshuffler Proves Bitcoin Owners Susceptible to Malware, Steals $150,000
With the price of cryptocurrencies shooting up, the incidence of sophisticated malware and trojans has increased. The latest trojan, Cryptoshuffler, has managed to steal Bitcoins worth $150,000 so far. Simple modus operandi The modus operandi of CryptoShuffler is very simple – It strikes when a user copies a Bitcoin address onto the clipboard, presumably to Read More

Next Generation of Tech Geniuses Signing Up to Study Cryptocurrencies

3 months ago 7ring Comments Off on Next Generation of Tech Geniuses Signing Up to Study Cryptocurrencies
In a nod towards the direction cryptocurrencies are heading, the youth of the globe are surging towards university courses that offer teaching in cryptography, as well as cryptocurrency. The value of Bitcoin is soaring, and students are identifying a new market that is emerging that they are trying to ready themselves for with university accredited Read More

Bitcoin Price Climbs to New All-Time High at $6,450, as Market Gains Absolute Confidence

3 months ago 7ring Comments Off on Bitcoin Price Climbs to New All-Time High at $6,450, as Market Gains Absolute Confidence
Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Earlier today, on October 31, the bitcoin price has achieved a new all-time high at $6,450, mainly triggered by CME Group’s plans to launch a bitcoin futures exchange by the end of 2017. Significance of CME’s Bitcoin Integration and its Impact on Read More

DTC? Try BTC, Brian Kelly Tells CNBC Viewers in Mainstream Bitcoin Shill

3 months ago 7ring Comments Off on DTC? Try BTC, Brian Kelly Tells CNBC Viewers in Mainstream Bitcoin Shill
Bitcoin is going to “Amazon the banks,” CNBC host Brian Kelly told viewers Monday in a mainstream plug for the cryptocurrency. As part of the network’s Fast Money segment, Kelly, who is a well-known proponent of Bitcoin and frequently advises investment, outlined three reasons why consumers should buy now. “Demonstrated demand for the product” and Read More