Bitcoin Jumps Above $15,000 To Record High

This is source I found from another site, main source you can find in last paragraph - The price of the digital currency bitcoin rose above $15,000 for the first time on Thursday, extending its gains for the year after starting 2017 at around $1,000.

On the U.S.-based GDAX exchange, Bitcoin was at $15,245.00 by 05:25 AM ET (10:25 GMT), the highest level in its nine-year history.

Prices have been boosted after CBOE Global markets said it will launch trading in futures trading in the cryptocurrency from December 10 after receiving a green light from the Commodity Futures Trading Commission.

CME Group (NASDAQ:CME) will begin initial listings of bitcoin futures contracts on December 18.

The move opens the door to more regulation but also more mainstream adoption, as bitcoin futures and other derivatives would make it easier to trade the new asset class.

Bitcoin’s price has risen dramatically in 2017. For the year, bitcoin is up around 1,500%, having started 2017 at $968.23.

Its breath-taking rise has prompted warnings of an increasingly dangerous speculative bubble and given rise to comparisons to the 17th century Dutch tulip mania and more recently the dotcom bubble.

Last week Goldman Sachs CEO Lloyd Blankfein claimed that Bitcoin was “a vehicle to perpetrate fraud” as the value of the cryptocurrency plunged 20% in less than 24 hours.

Blankfein became the latest boss of a major bank to criticize bitcoin, after JP Morgan’s chief executive Jamie Dimon described it as fraud that would ultimately blow up.

Elsewhere in cryptocurrency trading, Bitcoin Cash was last at $1,241.00, while Bitcoin Gold was at $238.97.

Ethereum, the second most valuable cryptocurrency by market cap after bitcoin, was at $396.28.

Related Articles

Bitcoin Jumps Above $15,000 to Record High

Bitcoin to start futures trading, stoking Wild West worries

Can A New Cryptocurrency Save Venezuela?

This is source I found from another site, main source you can find in last paragraph

Source :



Bitcoin Jumps Above $15,000 to Record High
Bitcoin plunges by more than 12 per cent to below $15,000 after soaring above $19000
Bitcoin hits $15,000 for first time, jumps over 50% in just one week
Markets Update: Bitcoin Bounces to $15,000 Amid Run-Up to Cboe Futures Launch
Bitcoin jumps above $8,700 to record high
Bitcoin Experts See Prices Surging as High as $100,000 One Year From Now
Bitcoin tops record $19,000, then plunges in wild 2-day ride
Bitcoin Remains Close to Record Highs as Rival Bitcoin Cash Sheds 7%