Welcome to my Cryptocurrencies Market Overview for Wednesday, December 06, 2017.
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24 Hour Change
Realtime chart on my website CoinMarkets.today
7 Day Change
Month-to-Date Change
24 Hour Volume
Market Capitalization
Bitcoin daily chart (log scale)
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Latest Crypto News - December 06, 2017
$13,200: Bitcoin Price Defies All Expectations… Again
The Bitcoin price is continuing on its unparalleled trajectory higher as Wednesday’s new all-time highs reach $13,200.
Read more: cointelegraph.com
More sources about Bitcoin's price:
- Bitcoin breaks above $12000 for the first time (CNBC)
- Bitcoin Climbs to $12000 as Futures Move Closer to Reality (Bloomberg)
- Bitcoin tops $12000 for the first time and is gunning for $13000 (Businessinsider)
- $12,795: Bitcoin's Price Just Gained Over $1,000 in 24 Hours (Coindesk)
Big Fish Entering Bitcoin Waters: All Eyes on December 10 and 18
Generally, joy and optimism are awaiting the new market players that will join the Bitcoin realm, their pockets full of fresh cash to invest and add to the demand, when futures are traded by CME and CBOE on Dec. 10 and 18.
Read more: cointelegraph.com
The cryptocurrency market is now worth more than JPMorgan
Cryptocurrencies' total market value edged up to another record high Wednesday, surpassing that of the U.S.' largest bank.
Read more: cnbc.com
The Next CryptoKitties? The Blockchain Might Not Be Ready
If CryptoKitties didn't come up in every single session at Token Summit II, it came close enough. But the insanely viral trading game running on ethereum was most often cited, not as a success, but as an example of industry challenges. As put forward by developers and entrepreneurs, the world's second-largest blockchain just isn't ready to handle the buying, trading and mating of the crypto felines en masse.
Read more: coindesk.com
Other sources:
Jack Dorsey’s Square rolls out bitcoin to more of its Cash app users
Square is letting more people buy and sell bitcoin on its Cash app. The payments firm had tested the feature with a number of Cash users last month, and said in a tweet Wednesday that it planned to expand the feature to "more of our most active customers."
Read more: cnbc.com
Mark Yusko Defends His $400,000 Bitcoin Prediction
Mark Yusko, the billionaire investor and founder of Morgan Creek Capital, went on Bloomberg News to defend his prediction that Bitcoin will be worth $400,000 in the long term. Yusko’s now-famous prediction made headlines because of its grandiose scale, and the Bloomberg desk staff had questions.
Read more: cointelegraph.com
Bitcoin Q&A: How do I choose a wallet?
How do I choose a cryptocurrency wallet? Every wallet has different features, transaction customization, fee estimation, levels of security and privacy, and affiliations. The criteria for wallets is different depending on the person, their needs, and risk model.
By Bitcoin expert Andreas M. Antonopoulos.
Dash Aims for Mass Adoption: Announces New Integration, Activates 2 MB Blocks
After remaining quiescent since early September, Dash has enjoyed a substantial run recently. Beginning November 12, the price of Dash shot up from $310 to visit lofty heights above $800. At press time, the currency trades for $750.
Read more: cointelegraph.com
Bitstamp Criticized For Listing Bitcoin Cash as Bcash, Despite Community Outrage
Cøbra, the co-founder and co-owner of massively popular Bitcoin forum Bitcointalk and Bitcoin.org, has criticized a major US-based Bitcoin exchange Bitstamp for listing Bitcoin Cash as Bcash, despite the outrage from the Bitcoin Cash community.
Read more: cointelegraph.com
Bitcoin’s insane energy consumption, explained
The skyrocketing value of Bitcoin is leading to soaring energy consumption. According to one widely cited website that tracks the subject, the Bitcoin network is consuming power at an annual rate of 32TWh—about as much as Denmark. By the site's calculations, each Bitcoin transaction consumes 250kWh, enough to power homes for nine days.
Read more: arstechnica.com
Indonesia's Central Bank Mulls Bitcoin Payments Ban
Indonesia's central bank has revealed that it is considering new regulations that would outlaw bitcoin transactions from 2018.
Read more: coindesk.com
Tokyo Financial Exchange to Begin Planning for BTC Futures
The Tokyo Financial Exchange, one of Japan’s leading financial exchanges, has announced that they will begin preparations for Bitcoin futures offerings at the beginning of 2018. The company boasts some high value trading partners like JP Morgan Chase and Barclays.
Read more: cointelegraph.com
