Axar.az
UP
25 May 2018


Bitcoin climbs to $12,000

Home page Economy
12 Punto 14 Punto 16 Punto 18 Punto

Bitcoin surpassed $12,000 for the first time amid speculation that the widespread use of futures will help lead to digital currencies being viewed as a legitimate asset class for mainstream investors.

Axar.az reports citing Bloomberg.

The largest cryptocurrency by market value has soared from less than $1,000 at the start of the year as optimism climbs for the distributed ledger technology known as blockchain that is at the heart of bitcoin. The price surge has been accompanied by a growing chorus of warnings that the speculative frenzy is an asset bubble poised to burst.

Cboe Global Markets Inc. has said it will start trading bitcoin futures on Dec. 10, while CME Group Inc.’s contracts are set to debut on Dec. 18. Nasdaq Inc. is planning to offer futures in 2018, according to a person familiar with the matter. Cantor Fitzgerald LP’s Cantor Exchange is creating a bitcoin derivative, and startup LedgerX already offers options.

Date
2017.12.06 / 11:59
Author
Axar.az
Comments
See also

Netflix surpasses Disney in market value

Erdogan discloses one of 140 megaprojects of ruling party

Armenia is the poorest in region

Azerbaijan issues 200 AZN banknotes

Trump: U.S.-China trade deal 'too hard to get done'

Ilham Aliyev has issued an order

Bakcell takes part in career fair

Germany expresses support for Nord Stream-2 project

Canada's Trudeau says feeling positive about NAFTA talks

EAEU, Iran sign provisional deal to create free trade zone

Latest
 
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla