Daily Management Review

Bitcoin jumps over $ 15 thousand


12/07/2017


On Thursday, December 7, Bitcoin’s rate updated the maximum, reaching $ 15 thousand. Now the cost of one coin is $ 15,080, according to the data of the Coinmarketcap service.



btckeychain via flickr
btckeychain via flickr
Capitalization of the first crypto currency has exceeded $ 250 billion. For comparison, the current capitalization of Bitcoin is already higher than the market value of the American transnational company Visa ($ 248.9 billion). Note that over the past day, Bitcoin has risen in price by 18%, and over the last seven days its price has increased by more than 40%. Since the beginning of the year, the first crypto currency has grown about 14 times.

On Asian exchanges, the exchange rate ranges from $ 13,900 to $ 17,500 on the Korean exchange Bithumb. Definitely, the index of this exchange has a big impact on the weighted average rate, as on most western stock exchanges Bitcoin continues to trade in the range of $ 13,900-14,600.

Since the beginning of the year, Bitcoin has risen by almost 12 times, and the total capitalization of the market has increased by almost 20 times, reaching a mark of $ 357 billion. Recall that the famous billionaire and Bitcoin investor Mike Novogratz is convinced that the price of the first crypto currency can reach $ 40 thousand by the end of the next of the year.

On October 20, the cost of Bitcoin for the first time exceeded $ 6 thousand, November 2 - $ 7 thousand, November 19 - $ 8 thousand, November 26 - $ 9 thousand, and November 29 - $ 11 thousand. Yesterday afternoon, the rate for the first time overcame the level of $ 13 thousand, but growth continued, and within a few hours the following frontier was conquered: $ 14 thousand.

Against the background of such a rapid take-off, total capitalization of the crypto-currency market is also growing, which exceeded the $ 400 billion bln.

source: coinmarketcap.com






Science & Technology

Apple takes up to develop Apple Watch for health monitoring

Hyperloop is growing in Europe

Analysts: US gamers prefer mobile games

Google Assistant Winner Of Head-To-Head Test Of Digital Assistants, Beats Siri And Alexa

Animals Can Burn Muscle To Supplement Body Water Needs, Finds A Study

The future of private flights at Farnborough air show

Experts Want To Fix Problem Of AI Hurting People Of Color And The Poor

New Study Claims Astrobiologists Locating Possible Life On Moon In Its Life Time

Wreck Of Russian Ship Rumoured To Have 5,500 Boxes Of Gold Found Near South Korean Island

Gene Editing of Human Embryo Could Find ‘Moral’ Grounds: UK’s Ethics Council

World Politics

World & Politics

Venezuela comes up with a new monetary reform

Paris is losing its icon public bicycle sharing system

Heat wave in Europe creates problems for brewers

Is it legal to print a gun? US is discussing 3D printing of firearms

Southeast Asian Leaders To Seek Clarity Of US Policies For The Region Form Pompeo

The world economy is accumulating environmental debt

US To Invest $113 Million In Asia To Counter Chinese Influence

US Intelligence Detects New Activity At Its Missile ICBM Factory: Reports