Bitcoin price hits new high, and the soaring market shows no signs of turning back
|
The quotes released by BITSTAMP show that Bitcoin/ US dollar (XBT/USD) rose from around 360 to 390 yesterday, and soared to above 430 in the Asian session of this trading day.
(Bitcoin/US dollar time-sharing chart Source: Bloomberg, FX168 Financial Network)
The quotes released by KRAKEN showed that Bitcoin/ Euro (XBT/EUR) rose from around 320 to 360 yesterday, and further soared to above 380 in the Asian session of this trading day.
(Bitcoin/Euro time-sharing chart Source: Bloomberg, FX168 Financial Network)
The quotes released by Huobi.com show that Bitcoin/ CNY rose from around 2215 to 2626 yesterday, and further soared to 2968 in the Asian session of this trading day.
(Bitcoin/RMB 30-minute chart Source: Huobi.com)
On the industry side, CNBC reported that industry insiders are optimistic about the future of Bitcoin, believing that it will be widely used like the Swiss franc and Australian dollar.
Magister Advisors interviewed 30 of the world's leading Bitcoin companies and found that they all agreed that Bitcoin will become the world's sixth largest reserve currency in the next 15 years.
Many observers believe that the real value of Bitcoin lies in its core blockchain technology, which makes all Bitcoin transactions public and transparent. According to a survey, the world's 100 largest financial institutions are expected to invest $1 billion in blockchain-related projects in the next two years.
"We have now reached a fork in the road between Bitcoin and blockchain, where Bitcoin has proven itself as an accepted currency and, more importantly, blockchain, which will become a globally standardized distributed ledger for financial transactions," said Jeremy Millar, partner at Magister Advisors.
At 12:21 Beijing time on November 4, Bitcoin/USD was 437.40, Bitcoin/Euro was 384.60, and Bitcoin/ RMB was 2943.50.
|
<<: Bitcoin ransomware decryption tool released
>>: The Economist Innovation Award 2015: Bitcoin creator Satoshi Nakamoto wins the Borderless Award
Recommend
Bitcoin wallet firm Blockchain adds purchase option
Bitcoin wallet company Blockchain is partnering w...
What kind of face will a woman have a rough life? Which parts can tell
Some people are rich and have smooth luck througho...
Is it good for a man to have vertical lines between his eyebrows? What does it mean?
In physiognomy , eyebrows of different shapes hav...
Analyze your significant other’s appearance using the Eight Characters of Physiognomy!
Nowadays, many single women fantasize about their...
Which parts of the body are best to remove moles? (Part 2)
How to distinguish between evil moles and good mo...
How to read a girl's nose
In physiognomy, the nose represents a person'...
What is the impact of mole pictures on the face
Moles can be found everywhere on our body. Moles ...
How to use face reading to predict marriage. Which face reading will lead to the happiest married life?
How to use face reading to predict marriage, what...
Is a man with thick eyebrows and big eyes good looking? Analysis of the face of a man with thick eyebrows and big eyes
In fortune telling, one can tell a man's fate...
Five major financial leaks: check if you have any
Some people are born unable to save money, while ...
What kind of face is not good for a man? He is fickle and amorous.
We all yearn to find a man who is loyal, infatuat...
Although 315 is late, we still need to fight against these scams in the cryptocurrency circle
Due to the COVID-19 pandemic, the annual "3....
What is the fate of women with shaggy eyebrows? They will be unhappy in love.
What does a woman with shaggy eyebrows look like?...
Circle received $60 million in financing led by a Chinese consortium and established strategic partnerships with Baidu, CICC and Everbright
Blockchain payment app Circle has raised $60 mill...
What does a mole on the ear helix mean?
Moles are something that everyone knows and is ve...