techkenyot.com
techkenyot.com July 21, 2018


$5856: Bitcoin Price Hits New Record High

13 October 2017, 09:39 | Hattie Nash

$5856: Bitcoin Price Hits New Record High

$5856: Bitcoin Price Hits New Record High

For the week, bitcoin is up over 30 percent.

Bitcoin trading against the Chinese yuan used to account for most of the volume.

A Bitcoin (virtual currency) coin is seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, June 23, 2017. It has chalked up a more than fivefold increase in price since the start of the year.

Typically for Bitcoin, which at less than nine years old is still highly volatile and illiquid compared with traditional currencies and assets, the precise reason for its recent tear was unclear.

"Liverpool were really interested" - Monaco say Thomas Lemar will leave next summer
I think it would be fair to say Thomas will have a fair chance to an exit next year. But it was Arsenal that was really close to finalising deal.

There is a rumored bitcoin desk at Goldman Sachs which would be another game changer for the cryptocurrency market. Excited by the gains in BTC prices, other investors jump aboard to extract their own gains.

"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.

On 10 October, Russia made a decision to block access to websites of exchanges that offer crypto-currencies such as Bitcoin, Russian Central Bank First Deputy Governor Sergei Shvetsov said.

Flexion Therapeutics, Inc. (FLXN): Examining the Technicals
Following the completion of the purchase, the insider now directly owns 5,000 shares of the company's stock, valued at $120,750. The company reported the earnings of $-0.91/Share in the last quarter where the estimated EPS by analysts was $-0.82/share.

But that was not enough to put investors off, with bitcoin rallying around 10 percent since then.

It has been a monster week for bitcoin, which has soared almost 30% since last Friday's close. But it's relatively easy to sell a new cryptocurrency in exchange for Bitcoin. Consequently, this bitcoin exchange serves as the on-ramp for many investors into the crypto economy.

Unlike a real-world unit such as the United States dollar or euro, bitcoin has no central bank and is not backed by any government.

"Recent criticism from industry and regulation crackdowns in China and Russian Federation spooked markets in recent weeks and caused the Bitcoin price to plummet". Some are seeing that the Bitcoin bubble is yet to show more progress before bursting and running towards a downward spiral. In fact, it might make holders of existing Bitcoins richer.

Salman Khan Is Not Playing A Baddie In Race 3
Producer Ramesh Taurani and Bobby have worked together in "Soldier", "Naqaab" and are all set to rekindle their collaboration. Khan will be seen in a grey character and the film is expected to release in the festive season of Eid, next year.

Also Read: Bitcoin - What is the fuss about? Prominent economies like India and the US have especially witness intense debate on this front, with many arguing that it is time to see cryptocurrencies from more positive perspective.



Other News

Trending Now

Crytek's 'Hunt: Showdown' Is Coming To Steam Early Access
The one-square kilometer map will include "hoards of gruesome monsters for you to fight on your way to even more savage bosses". Hunt: Showdown does not yet have a release date, but it will be coming to PC via Steam Early Access.

IRS suspends Equifax contract extension after second security issue
The IRS was the subject of a lot of derision once that no-bid contract was given to Equifax. If you have already enrolled, you're fine and can continue to access your account online.

Kenyan police use teargas to disperse opposition protesters
Kenyatta on Friday signed a supplementary budget allocating $116 million (12 billion shillings) for the new election. The government ban on protests has further angered the opposition National Super Alliance (NASA) coalition.

United Continental Holdings, Inc. (UAL) Shares Sold by Glendon Capital Management LP
The California-based Los Angeles Capital Mgmt Equity Rech has invested 0.11% in United Continental Holdings Inc (NYSE: UAL ). BidaskClub lowered United Continental Holdings from a "hold" rating to a "sell" rating in a report on Wednesday, July 5th.

Nebraska corn crop down 1 percent from 2016
Harvested area was forecast at a record 89.5 million acres, up 1 percent from September and up 8 percent from 2016. Of the acres for harvest, non-oil sunflowers account for 13,000 acres and oil sunflowers account for 48,000 acres.

Last Night's South Park Was A Prequel To Fractured But Whole
Anyone who purchases South Park: The Fractured But Whole will receive South Park: The Stick of Truth for free. It's automatically included with the gold edition of the game, or you can buy it separately for $29.99.

BMO Capital Markets Reiterates $26.00 Price Target for Kinder Morgan, Inc. (KMI)
The stock of New Oriental Education & Tech Grp (ADR) (NYSE:EDU) earned "Overweight" rating by JP Morgan on Wednesday, January 18. Warburg Pincus Llc decreased its stake in Wex Inc.(3) (WEX) by 33.33% based on its latest 2017Q2 regulatory filing with the SEC.

Majority says Trump's National Football League comments were not appropriate
The report comes as President Donald Trump wages battle against NFL players who kneel during the national anthem in protest. However, 72% of voters are either "somewhat dissatisfied" or "very dissatisfied", with the country's direction overall.

American Airlines Group, Inc. (AAL) Receives $56.63 Average Target Price from Brokerages
BidaskClub downgraded American Airlines Group from a strong-buy rating to a buy rating in a research note on Monday, July 24th. Increasing profits are the best indication that a company can pay dividends and that the share price will trend upward.

Ahead of Diwali, Tamil Nadu government decides to increase liquor prices
In non-airconditioned theatres other than multiplexes, the minimum will be Rs 30 and maximum Rs 80. I don't think people would mind paying Rs 8 in addition to a Rs 100 ticket.