Social Media Sidebar

Announcement

Please sign up, comment on articles and bring your friends!

Current poll

PlanetTech is asking:

What do you think about our new web site?

Love it, indeed
Really good solution
Same as old one
The old one was better
This is a new option

Quote of the day

Just because something doesn’t do what you planned it to do doesn’t mean it’s useless.

 

Thomas Edison

Bitcoin breaks through the $16,000 mark

RATE THIS! +20
Posted in Online on 7th Dec, 2017 10:09 PM by Alex Muller

Bitcoin has breached the $16,000 mark, extending the digital currency's record-breaking surge. The cryptocurrency began the year below $1,000 but continues to rise despite warnings of a dangerous bubble. According to Coindesk.com, Bitcoin reached $16,050.83 (£11, 928.78), having soared over 50% in a week.

 

The new high comes days before the launch of Bitcoin futures on two exchanges, including the world's largest futures exchange, CME.
 
Spread betting firm CMC Markets said the rise had all the symptoms of a bubble market, warning "there is no way to know when the bubble will burst".

Tags: bitcoinsoftwareblockchainonline

Read original article » Back to category

Comments



 

Recent headlines

  • Posted in Science on 2018-09-20 13:37:56
    Electricity boosts crop yield by 30% while reducing.....read more
    Posted in Science on 2018-09-20 13:31:25
    DARPA funds developing Quantized Inertia into.....read more
    Posted in Science on 2018-09-17 20:54:33
    Why NASA wants to build a nuclear reactor on the Moon..read more
    Posted in Medicine on 2018-09-17 16:06:39
    Anti-ageing drugs are coming, experts expain..read more
    Posted in Science on 2018-09-16 23:29:58
    NovaSAR: UK radar satellite launches to track illegal.....read more
Posted in Business on 2013-10-10 01:33
China is working towards a manned lunar mission in about.....read more
Posted in Business on 2013-10-20 07:17
Spacex says China is their main competitor for commercial.....read more
Posted in Software on 2013-10-20 06:43
Pirate Bay Browser Clocks 1,000,000 Downloads..read more
Posted in Medicine on 2013-10-10 02:10
Google reportedly investing hundreds of millions into new.....read more
Posted in Medicine on 2013-10-14 03:13
Endothelial Cells Can Repair and Regenerate Organs,.....read more
Posted in Science on 01.01.2010
Spacex says China is their main competitor for commercial.....read more
Posted in Science on 01.01.2010
Staring at Your Phone Could Be Making You Short Sighted..read more
Posted in Science on 01.01.2010
Oculus Rift virtual reality headset coming to mobile, but.....read more
Posted in Science on 01.01.2010
China is working towards a manned lunar mission in about.....read more
Posted in Science on 01.01.2010
Delivering drugs via nanoparticles to target mitochondria..read more

Recent Blog Posts

  • Posted by AlexMuller
    In five years quantum computing will be mainstream..read more
    Posted by AlexMuller
    Google partners with Johnson and Johnson to make lower cost.....read more
    Posted by AlexMuller
    Electron holography microscope with spatial resolution down to.....read more
    Posted by AlexMuller
    Lower cost advanced Nuclear power could dominate future US energy..read more
    Posted by AlexMuller
    Why Hasn’t AI Mastered Language Translation?..read more

Login to your Account

Login to your PlanetTech Account here

Username:
Password:
Remember me
or

Create a New Account

You just need username and password

The following errors occured:
Username:
Email:
Password:
Verify password:
Remember me