Bitcoin: $7000 mark exceeded

At the number of Korean cryptocurrency exchanges first cryptocurrency is being traded over $7k
02 November 2017   1769

Bitcoin continues its significant growth, by reaching another all time height.

Bitcoin price chart
Bitcoin price chart

At the moment of press, these are average parameters:

  • Price $6990.35
  • Market cap $116,455,211,549 
  • 24h volume $3,550,650,000

But at the number of cryptocurrency exchanges, Bitcoin is being traded over $7000. Among them:

  • Bithumb $7297.57
  • GDAX $7009.99
  • Coinone $7299.82
  • Korbit $7305.66
  • Bittrex $7095.44


Let’s try to figure out, what are the background on these new price hights of Bitcoin. There wasn't any big news from yesterday, so, these news can still have affect:

  • CME to launch Bitcoin futures contract
    • World’s largest derivatives exchange, CME Group, is to launch Bitcoin futures by the end of the year. Assuming regulators grant CME’s application, the exchange will become the second U.S. regulated exchange to offer Bitcoin derivatives to institutional traders.
  • Bloomberg says “Bitcoin is going legit, for better or worse.”
    • This is unexpected move by one of the two leading providers of financial information for professional participants in financial markets.

BTC Extortionists to Send Explosion Threats In US & CA

Police reported that explosive devices in the places specified by extortionists were not found
14 December 2018   79

In Canada and the United States, local businesses and residents received letters threatening to detonate a bomb if they did not send bitcoins to extortionists. Because of this, in some regions, law enforcement officers evacuated people from bus stations, schools and airports, reports Global News.

Extortionists threatened to blow up universities, schools, city halls and local businesses in the US states of Utah, Aidaxo, New York, Oklahoma and Illinois. The New York City Police Department urged residents not to panic or send bitcoins to criminals. Police also reported that explosive devices in the places specified by extortionists were not found.

In Canada, extortionists promised to blow up buildings and car dealerships in Toronto, Edmonton, Ottawa, Calgary and Montreal. Some residents of the attackers asked for a ransom in bitcoins in the amount of $ 20 thousand. After verification, the Calgary police stated that the messages were part of phishing attacks and did not pose a threat to the public.