Traders also seemed to shrug off negative news from Russian Federation, where that "buyers of cryptocurrencies could be involved in unlawful activities".
Bitcoin smashed through the US$5000 (NZ$7000) barrier for the first time, jumping as much as 8 percent on the day as investors shrugged off the latest warnings on the risks of buying into the booming cryptocurrency market.
Most merchants that accept crypt coins as a mode of payment prefer Bitcoins over other cryptocurrencies.
Bitcoin, the biggest and best-known cryptocurrency, has chalked up a more than fivefold increase in price this year.
It's the first time the cryptocurrency has confidently shot past $5,000.
The news come a month after China clamped down on bitcoin-related activity, ordering domestic bitcoin exchanges to cease operations. Majority of cryptocurrency transactions occur in the Bitcoin network.
Professor of economics and public policy at Harvard University, Kenneth Rogoff, expects the price of Bitcoin to collapse.
Bitcoin, a virtual currency created from computer code, was worth only a few U.S. cents was launched in 2009 by someone using the Japanese-sounding name Satoshi Nakamoto.
"It is folly to think that bitcoin will ever be allowed to supplant central-bank-issued money", he wrote in The Guardian.
При любом использовании материалов сайта и дочерних проектов, гиперссылка на обязательна. «» 2007 - 2017 Copyright. Автоматизированное извлечение информации сайта запрещено.
Alexa is now able to recognize your voice for Flash Briefings and automatically skips stories you listened to from your feed. Once that's done, voice profiles will work across all Echo devices and "most" third-party party Alexa-enabled devices.
Sticking points include control over the arsenal of Hamas' armed wing and the fate of thousands of Hamas public servants. Islamist movement Hamas is blacklisted as a terrorist organisation by the United States and the European Union.
Globus Medical Inc has $40 highest and $21 lowest target. $17.67's average target is 38.59% above currents $12.75 stock price. The stock of Party City Holdco Inc (NYSE:PRTY) has "Outperform" rating given on Friday, November 13 by Telsey Advisory Group.
Weinstein says he is taking a "leave of absence" from The Weinstein Company and is working with a therapist. About a week later she was told by a Weinstein assistant she didn't get the job because she was an actor.
It is completely different. "Even the second set, even though I won it, I think I could have done a lot of things better". When I saw the draw at the beginning of the tournament, I knew that it will be very, very hard to have good chances here.
British Islamic State recruiter Sally Jones, the so-called " White Widow ", has reportedly been killed by a drone strike in Syria. The former punk rocker from Kent fled to Syria with her son in 2013 and became a leading recruitment officer for Islamic State.
President Donald Trump will decertify an global deal curbing Tehran's nuclear program, according to officials. The White House plans to unveil its "overall Iran strategy" this week, ending the mystery as to whether U.S.
Trump pointed the finger at the previous USA presidential administrations, which he said were on "the wrong path". On Oct. 9, Corker stated that Trump had intentionally made inaccurate statements on a regular basis.
Clinton appeared at the university as part of a tour promoting her new book " What Happened ", about the 2016 campaign. Trump pushed back by touting similar allegations against her husband, former President Bill Clinton.
Sydney woman picks up shark from rockpool
She joked while speaking on the show that "As a real estate agent I'm used to relocating people and this was similar". A Sydney woman has been filmed picking up a shark in a rock pool with her bare hands and returning it to the ocean.
Tropical Storm Ophelia not a hurricane yet; no threat to the US
The 10th hurricane of the 2017 hurricane season has formed in the Atlantic ocean, although at present, it poses no threat to land. Tropical Storm Ophelia is moving southeastward in the Atlantic and is expected to become a hurricane overnight or on Thursday.
Google Home Mini caught spying on user 24/7
The issue prevailed over the few initial units of Google Home Mini , including the ones that were distributed as review units. After contacting Google press relations with an urgent request explaining the issue, Russakovskii heard back in minutes.
Liverpool Reportedly Agree To Sell Philippe Coutinho
Meanwhile, the Barcelona CEO has once again played down the concerns of the fans over Messi's long-term future at the club. Liverpool have now reportedly given the green light for Philippe Coutinho to leave the club in January.
No clear answers to carnage in Las Vegas
Investigators have found 200 incidents of Paddock moving through the city, and at no time was he with anyone else, Lombardo said. Paddock's testimony offers little insight into what could have prompted last week's attack.
Why Would Trump Scrap the Iran Nuclear Deal?
IRAN is hiding the true power of its nuclear weapons programme in secret bases hidden from inspectors, a new report has claimed. The Jewish advocacy group J Street has launched a public and political campaign against US President Donald Trump.
Xiaomi Mi MIX 2 Specifications, Features, And Price in India
The most stellar aspect of the device, the display nearly stretches from edge to edge with a screen to body ratio of 93 per cent. This aspect ratio increases the canvas area by nearly 12.5% and, thus, makes using apps like Google Maps incredibly easy.