Bitcoin: $7000 mark exceeded

At the number of Korean cryptocurrency exchanges first cryptocurrency is being traded over $7k
02 November 2017   647

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

Background

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.

Bitcoin White to Release iOS and MacOS Wallet

According to the roadmap of Bitcoin White, the wallet for iOS and Mac OS will be released on February 19, 2018
19 February 2018   76

Bitcoin White is a flexible and decentralized application platform designed to lower the threshold for developers. Using JavaScript as the programming language and relational database to store data, Bitcoin White is increasing the similarities between developing a DAPP and a traditional web application.

Bitcoin White team has already developed and released the version of its wallet for Windows, Linux and Android. According to the roadmap of Bitcoin White, the wallet for iOS and Mac OS will be released on February 19, 2018.

 Bitcoin White Roadmap
Bitcoin White Roadmap Fragment

The features of the wallet include asset management, account information, setting an additional password, blocking the account by block, and internal blockchain list of transactions.

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

Average price: $0,184621
24h volume: $48 806