Bitcoin price exceeded $4100

First cryptocurrency set new historic price record
13 August 2017   746

On the night of Sunday, August 13, Bitcoin once again this week updated its own price record and now it costs more than $ 4000.

Let's check most popular exchanges.

  • Bitstamp $4033.77
  • GDAX $4117.27
  • Bitfinex $4088.2
  • Kraken $4123.0

Bitcoin rate at GDAXBitcoin rate at GDAX

Thus, the first crypto currency needed less than 48 hours to rise to this height from the rate of $ 3500, which was first recorded on Friday, August 11.

Already on Saturday, the price of bitcoin exceeded $ 3750, and then $ 3900, and now a $4000 makr was taken. Weighted average rate for Coinmarketcap at the same time at some point exceeded $ 4100. Market capitalization - over $ 67 billion.

Bitcoin Coinmarketcap chart
Bitcoin Coinmarketcap chart

Specialists marks 3 main reasons of Bitcoin price rise:

  1. Increased confidence in Bitcoin by the investors
  2. The upcoming activation of the Segregated Witness protocol,
  3. Significant demand for Bitcoin in the Japanese markets.

Additionally, the representatives of Goldman Sachs stated that it is becoming increasingly difficult for institutional investors to ignore Bitcoin, and Fidelity Investments, the largest asset management company in the US, announced a partnership with Coinbase, offering new tools for its customers.

UCLA Blockchain Crypto Conference to be Held in LA

The UCLA Conference will be held on February 17-18 of 2018, gathering together the most experienced and exciting thinkers
17 February 2018   226

UCLA's Blockchain Lab and Far from LA are holding the Blockchain Cryptocurrency Conference, gathering together the most experienced and exciting thinkers across SoCal, in order to foster both economic and educational progress. The conference will concern cybersecurity, cryptocurrencies, and blockchain.

The UCLA Conference will be held on February 17-18 of 2018.

Location: The University of California, Humanities Building, 415 Portola Plaza, UCLA 90095, Los Angeles

The headline speakers will include Kathleen Breitman, the co-founder of Tezos; Sandra Ro from UWIN Lab; David Moss from EOS; Jeremy Rubin, the Bitcoin core developer, and many more.

The agenda of the conference is as follows: the future of blockchain keynote, bringing humanity to the blockchain, cybersecurity, autonomous vehicles, blockchain's influence on the development of art and culture, blockchain in the music industry, government adoption of blockchain around the world, and more.