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RBC: The cryptocurrency market could one day be worth $10 trillion RBC Capital Markets analysts Mitch Steves and Amit Daryanani believe that this is just the beginning of the cryptocurrency boom. "On a near-term basis we think it is quite difficult to make price statements which is why we are flagging the move now in the case that it sustains," Steves and Daryanani ...
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Canadians are obsessed with cannabis and cryptocurrency Canadians are obsessed with cannabis and cryptocurrency ... 2017 Year In Search list, the two most-Googled economic terms in Canada this year were "The Price of Bitcoin" and "Marijuana Stock", reflecting the population's growing interest in two burgeoning markets — cryptocurrency and cannabis.
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Firms strategically changing their names to cash in on cryptocurrency hype The company's share price went from about 25 cents before the announcement to a high of $1.77 in early December after it said it was buying part of a firm that had ordered cryptocurrency mining hardware. Block One has also announced a $5 million financing that it raised to $8 million on Tuesday.
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How Bitcoin futures trading could burst the cryptocurrency's bubble Bitcoin futures could actually end up reducing the price of Bitcoin. Futures trading gives new investors the choice to bet against Bitcoin and also allows them to settle contracts in dollars, boosting their liquidity. Plus, Bitcoin futures allows investors to trade off the cryptocurrency without actually owning it.
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The Cryptocurrency Market Cap Surpasses Half a Trillion Dollars Due to the rising demand from the traditional finance sector and widespread adoption of bitcoin, the cryptocurrency market cap has surpassed the $500 billion mark. Currently, South Korea, India, and other leading governments are preparing to regulate their respective bitcoin and cryptocurrency markets ...
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