Factors That Will Drive Bitcoin To Surge Rapidly This coming 2018
A lot of analysts are expecting Bitcoin price to surge rapidly throughout 2018, considering the increase of adoption of the cryptocurrency by major financial institutions, individual investors and service providers across the world.
Given high trading volumes for CBOE and CME bitcoin futures, NYSE would more likely launch its own bitcoin futures products too.
CBOE just recently filed six Bitcoin ETFs to U.S. SEC and NYSE also did send two applications, following Vaneck and REX companies.
Highly respected analysts and billionaire investors including Mike Novogratz, Max Keiser and Tom Lee stated that Bitcoin price will more likely surpass $40,000 mark by the end of 2018 and its market capitalization will achieve $1 trillion.
Winklevoss Twins Will Not Sell Bitcoin Holdings Even The Price Surpasses $380,950
Cameron and Tyler Winklevoss bought a total of 120,000 Bitcoin at $10 price before which is at $1.2 million valuation at that time.
Today, the Winklevoss twins Bitcoin holdings are already worth around $1.8 billion which made them the first Bitcoin billionaires in the world.
The twins believe that Bitcoin price will increase exponentially throughout many years ahead and emphasized that they will not sell Bitcoin even when its market capitalization surpasses $8 trillion, which is that of gold, or when its price surpasses $380,950.
They believe Bitcoin is better than gold because it is programmable as money and has a lot of advantages over it such as fungibility, transportability, divisibility and security.
Headlines for the world of Cryptocurrencies - December 25, 2017A Company In Australia Is Set To Launch A National Cryptocurrency Exchange / Israel Considers Offering A National Cryptocurrency |
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Headlines for the world of Cryptocurrencies - December 24, 2017Satoshi Nakamoto Was Ranked One Of The Top 50 Richest People In The World / An Anonymous Person Bet $1 Million On Bitcoin Price Reaching $50,000 By The End Of The Year 2018 |
Headlines for the world of Cryptocurrencies - December 23, 2017Chicago Board Of Trade (CBOE) Files for Six Bitcoin-Based ETFs / DydX, A Decentralized Exchange For Cryptocurrency Derivatives Is Set To Launch Middle Of Next Year |
