Bitcoin $10.000: History of price trends

We have made research related to the most significant periods of Bitcoin price evolution displayed on time chart
28 November 2017   2111

Bitcoin has finally overcome the greatest psychological barrier, passing $10,000. The price of Bitcoin have shown a fast development moving in the upwards direction and growing to $10.000 within past 2 days. Bitcoin rose from the price of $9000 on November 26, when the market capitalisation was $150 billion, to the price of $10.000 on November 28 with market capitalisation of $166 billion.

We have created a time chart related to the most important dates of Bitcoin price trends.

The longest path of the bitcoin counted 1559 days, reaching $100, when the fastest progress took 2 days, reaching $10,000.

Currently, Bitcoin is being actively traded at the following exchanges:

  • Bithumb
  • Bitfinex
  • GDAX
  • HitBTC
  • bitFlyer
  • OKEx
  • Coinone

Bitcoin markets $10.000Bitcoin Markets

At the moment of press, these are main market parameters of Bitcoin:

  • Average price: $9984.56
  • Marketcap: $166,806,921,841
  • 24h volume: $5,738,220,000

Fidelity Investments to Launch BTC & ETH Platform

New platform is designed for institutional investors
16 October 2018   189

One of the world's largest asset managers, Fidelity Investments, announced the launch of a unit focused on providing institutional investors with Bitcoin and Ethereum services. The Forbes reports.

The new division received the name Fidelity Digital Assets and, possessing a staff of 100 employees, will provide a platform for trading cryptocurrencies and consulting services 24/7.

The platform already has first customers, but its launch for a wider range of investors is scheduled for the beginning of 2019.

This is a recognition that there is institutional demand for these assets as a class. Family offices, hedge funds, other sophisticated investors are starting to think seriously about this space.
 

Tom Jessop

Founding head, Fidelity Digital Assets

In particular, Fidelity Digital Assets will offer a transaction service that, using internal cross-connect and order routers, will trade through third-party liquidity providers.

One of the most popular offers by the company can also be a service for storing Bitcoin and other cryptocurrencies. It is physical storage, distributed in different geographical locations and offering the so-called "cold" storage of digital assets. This way of storing cryptocurrencies without access to the Internet and with a multi-level control system is considered to be one of the safest and most resistant to hacking today.

As the CEO of Fidelity Investments, Abigail Johnson, said, the goal of the new platform is to make digital assets like Bitcoin more accessible to investors.

Fidelity Investments is considered the fifth largest asset manager in the world, offering investment and custody services to 13,000 consulting firms and brokers. In total, the company manages assets worth $ 7.2 trillion.