Uncategorized Bitcoin surges past $1,900 for the first time

Bitcoin surges past $1,900 for the first time

-

- Advertisment -


Bitcoin
Markets
Insider


Bitcoin
is at it again. Overnight, the cryptocurrency topped $1,900
for the first time. Currently it trades up 2.3% at
$1938.81 a coin. 

Friday’s gains have bitcoin up about 102% since March 27. The
cryptocurrency has gained in 23 of the past 26 sessions. 

The rally has seemingly been sparked by news out of Japan at the
beginning of April that bitcoin is now considered a
legal payment method
in the country. Along the
way, Ulmart, Russia’s largest online retailer, said it
would
begin accepting bitcoin
 even though Russia said it
wouldn’t explore the cryptocurrency until 2018.

The gains also seem to be boosted by speculation the US
Securities and Exchange Commission could overturn its
Winklevoss bitcoin ETF ruling
. The SEC was accepting public
comment on its decision until May 15, but hasn’t yet announced
whether or not it will overturn its rejection of the ETF.
  

Bitcoin has gained 105% so far in 2017. It has been the
top-performing currency every year since 2010, except for
2014.

Get the latest Bitcoin price here.

Source link

Latest news

Top 8 Potential Cryptocurrency Business Ideas for 2021

Which word comes into your mind when you hear or think of the word ‘cryptocurrency’? It might...

3 Important Reasons to Have AML for Cryptocurrency Business

In this article we are going to examine the 3 most important reasons to Have AML for...

Use of Smart Cards in Blockchain App Development

Ever since blockchain technology made a major breakthrough all over the globe, experts and forecasters have been...

IMF: Risk of substitution of domestic money by central banks’ digital currencies

Central banks around the world began looking closely at the issuance of their own digital currencies, known...
- Advertisement -

Ripple: The cryptocurrency that will ‘change’ the world in 2020

Ripple could say he's a child of Bitcoin: In December 2017 Bitcoin hit a record price in...

Spain approves Crypto Holdings disclosure bill from cryptocurrency holders

Spain approves Crypto Holdings disclosure bill from cryptocurrency holders. Spain's government has reportedly approved...

Must read

- Advertisement -

Read Next
Recommended to you