Check our updated for Bitcoin Technical Analysis including real time updates, news and the economic latest events from the best source of Forex News. Dec 21, · By the time of writing bitcoin is trading at $22,, ether is hovering around $ XRP dropped further to $ BTC/USD. Bitcoin closed the trading day on Sunday, December 13 at $19, after successfully rebounding from the weekly support situated around $18, a day earlier. It closed the seven-day period percent lower. Bitcoin was originally invented by an unknown person or group under the pseudonym Satoshi Nakamoto and released as open-source software in Bitcoin has long been the face of cryptocurrency, and research produced by the University of Cambridge estimates that in , there are to million unique users using a cryptocurrency wallet.
Bitcoin trading updateCleanSpark News Alert: Bitcoin Mining Update Gives CLSK Stock a Boost | InvestorPlace
According to a news release from the company , it mined a total of 10 bitcoins during December. CleanSpark notes that its expanding its bitcoin mining with an additional ASICs bitcoin mining units.
These will be set up at its ATL location in Atlanta and are scheduled to arrive in the second week of January. Another point that the company mentions is that it only completed its acquisition of the ATL Data Center one week ago.
CleanSpark is a little different from the average bitcoin mining company. It focuses on using its own microgrid to reduce the energy costs required to mine the cryptocurrency. That has it leveraging solar power, as well as other renewable resources, for its energy. On the date of publication, William White did not have either directly or indirectly any positions in the securities mentioned in this article. Log in. That means the BTC could potentially shoot up exponentially in future years.
But how high? Running the crypto-based Galaxy Investment Partners, Novogratz is betting big on the Bitcoin boom in general as his mid-term BTC price projection suggests.
Central Banks are capitulating. Fiat currencies going the way of Cowrey shells. Bitcoin is God. The day of reckoning is upon us. He knows the ecosystem as well as anyone. Right with the institutional interest and news expected next year, be careful selling: only sell what you can afford to.
John McAfee is best known as the creator of the popular McAfee antivirus software. And his opinions are exceedingly bullish, to say the least. Especially if institutional interest keeps exploding. BTC has accelerated much faster than my model assumptions. I will still eat my dick if wrong. But McAfee has even bolder ideas, to be sure. In an even newer Twitter exchange, McAfee explained that he believes the BTC price could reach into the billions one day. There are only 21 million Bitcoins.
There are 2 billion working people in the world. But if that insane price materializes, McAfee will end up looking like even more of a madman genius than he already is.
The cryptocurrency expert and venture capitalist, Tim Draper, has also given its opinion about the future price of Bitcoin. According to him bitcoin and blockchain technology are one of the best things that happened for businesses. At the same time, he said that in the future Bitcoin could keep growing. About that, he is convinced that the cryptocurrency is the future and that the virtual currency market will gain its place among fiat currencies. Why would I sell the future for the past?
Why would I go and grab some weird fiat subject to the will of some governments? And I am really excited about all the extraordinary things that can happen because of crypto and bitcoin. Cameron Winklevoss is one of the two popular Winklevoss twins. The co-founder of the cryptocurrency exchange Gemini, stated that bitcoin could be worth 40 times its current value.
In order to explain why bitcoin could grow up to 40 times, he compared the cryptocurrency market capitalization with the market cap of gold. During an interview with CNBC he said:. And so a lot of people are starting to se that, they recognize the store of value properties. He has also said that due to the fact that bitcoin has a fixed supply, it is still a very underappreciated asset. Indeed, he stated that he and his brother believe that bitcoin disrupts gold.
While speaking at the World Economic Forum in Davos, he brought some calm to the cryptocurrency market. But Mr Singh said that the kind of volatility that bitcoin experienced is not unusual nor unexpected.
In the past, Bitcoin suffered important corrections in just a few days. Cryptocurrency adoption keeps growing all over the world. In past articles we wrote that enterprises are investing in blockchain technologies and virtual currencies.
Businesses all around the world, including small shops and merchants, are adopting bitcoin and other currencies as a means of payment. If the adoption trend continues, bitcoin could lead the market towards new all time highs. Additionally, payment processors are working with cryptocurrencies trying to spread their benefits.
Woah, right? Maybe not at all. Bitcoin was created in by Satoshi Nakamoto, an alias for a person or group who has still not been revealed.