29 Dec '16, 5pm

Forget about Dow 20K: Bitcoin's about to hit $1,000

Forget about Dow 20K: Bitcoin's about to hit $1,000

Bitcoin, the controversial digital currency, is on its way to a major milestone thanks to a confluence of positive factors. With just a couple trading days left in the year, bitcoin looks poised to break the $1,000 barrier — quite an achievement for a product considered close to dead not that long ago amid a series of embarrassing headlines. The price has surged 122 percent in 2016, making it one of the top trades of the year. The increase has been driven by a number of factors. China and India both have been big buyers as part of a broader global landscape that has pushed bitcoin's acceptance further along. Chinese investors have bought bitcoins as the yuan has lost its value, while the surge in India has been driven thanks to the government's decision to retire some currency denominations. "It is one tool that many people around the world use to try to preserve wealth," ...

Full article: http://www.cnbc.com/2016/12/29/forget-about-dow-20k-bitco...

Tweets

Bitcoin is flirting with $1,000 as year end nears

marketwatch.com 29 Dec '16, 5pm

Here’s one milestone that might still be in reach before the ball drops on New Year’s Eve: Bitcoin is within reach of the ...

Bitcoin is flirting with $1,000 as year end nears

marketwatch.com 29 Dec '16, 9pm

Here’s one milestone that might still be in reach before the ball drops on New Year’s Eve: Bitcoin is within reach of the ...

The price of bitcoin is creeping back toward it...

techcrunch.com 29 Dec '16, 5am

Does it feel like the only time you hear about Bitcoin is when the price is either abruptly soaring or sinking? Us too! Th...

Bitcoin Price Can Reach $1,000 Before New Year,...

cointelegraph.com 28 Dec '16, 4pm

The price of Bitcoin in China went past $990 this afternoon, as Chinese investors continued to push high volumes in local ...

The price of bitcoin is creeping back toward it...

techcrunch.com 28 Dec '16, 6pm

Does it feel like the only time you hear about Bitcoin is when the price is either abruptly soaring or sinking? Us too! Th...

The price of bitcoin is creeping back toward it...

techcrunch.com 28 Dec '16, 6pm

Does it feel like the only time you hear about Bitcoin is when the price is either abruptly soaring or sinking? Us too! Th...

Suspense Lingers as Bitcoin's Price Eyes $1,000

Suspense Lingers as Bitcoin's Price Eyes $1,000

coindesk.com 30 Dec '16, 11pm

Markets Weekly is a weekly column analyzing price movements in the global blockchain token markets. This edition looks at ...

Will We See a $1,000 Bitcoin in 2016? Analysts Suggest Yes

Will We See a $1,000 Bitcoin in 2016? Analysts ...

coindesk.com 29 Dec '16, 12am

As 2016 draws to a close, bitcoin prices continue to show strong, upward movement. Depending on the media outlet you prefe...

Bitcoin

Bitcoin

news.bitcoin.com 29 Dec '16, 12am

Bitcoin is designed to obtain more purchasing power over time. This is achieved by the fact that there will only ever be 2...

Bitcoin has trounced the Dow this year

wsj.com 30 Dec '16, 5pm

We use cookies and browser capability checks to help us deliver our online services, including to learn if you enabled Fla...

The virtual currency bitcoin celebrated the new...

wsj.com 03 Jan '17, 10pm

The virtual currency bitcoin celebrated the new year by rising through the $1,000 mark. On Sunday, when most traders aroun...

Bitcoin has trounced the Dow this year, 124% to...

wsj.com 30 Dec '16, 7pm

We use cookies and browser capability checks to help us deliver our online services, including to learn if you enabled Fla...