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as informed in Ethereum, the second biggest blockchain asset by market cap, is now price at $20 with a market cap of $1.8 billion. And in total, the overall valuation of all bitcoin in circulation is now above $20 billion – a major benchmark market cap never seen before. Dash has seen its own rally and is now the third biggest cryptocurrency in the world. All over the social networks and online forums bitcoin advocates, investors and long term holders are celebrating that its price has now surpassed that of an ounce of gold at $1233. Photo: BloombergThe BTC/USD exchange rate is now trending at a record $1265 per one bitcoin.
as declared in The ETF will follow the model used in SPDR Gold Trust ETF (NYSE Arca: GLD). Two other proposals by bitcoin ETF candidates the Solid X Bitcoin Trust and the Bitcoin Investment Trust (OTCMKTS: GBTC) are pending with the SEC for approval. Cameron and Tyler Winklevoss have proposed a $300-million fund, the Winklevoss Bitcoin ETF (NYSEBATS:COIN), to allow the retail investors hassle free entry into trading bitcoins. What is the need for a Bitcoin ETF? Bitcoin expert Vinny Lingham, who serves on the board of the Bitcoin Foundation believes that the timing is not right for a bitcoin ETF, especially when the bitcoin is hitting new lifetime highs on a daily basis.
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read more visit us gold
as informed in Ethereum, the second biggest blockchain asset by market cap, is now price at $20 with a market cap of $1.8 billion. And in total, the overall valuation of all bitcoin in circulation is now above $20 billion – a major benchmark market cap never seen before. Dash has seen its own rally and is now the third biggest cryptocurrency in the world. All over the social networks and online forums bitcoin advocates, investors and long term holders are celebrating that its price has now surpassed that of an ounce of gold at $1233. Photo: BloombergThe BTC/USD exchange rate is now trending at a record $1265 per one bitcoin.
as declared in The ETF will follow the model used in SPDR Gold Trust ETF (NYSE Arca: GLD). Two other proposals by bitcoin ETF candidates the Solid X Bitcoin Trust and the Bitcoin Investment Trust (OTCMKTS: GBTC) are pending with the SEC for approval. Cameron and Tyler Winklevoss have proposed a $300-million fund, the Winklevoss Bitcoin ETF (NYSEBATS:COIN), to allow the retail investors hassle free entry into trading bitcoins. What is the need for a Bitcoin ETF? Bitcoin expert Vinny Lingham, who serves on the board of the Bitcoin Foundation believes that the timing is not right for a bitcoin ETF, especially when the bitcoin is hitting new lifetime highs on a daily basis.
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Bitcoin Is Now Worth More Than Gold
Last night, for the first time, the value of Bitcoin was higher than gold: $1,268 (about £1036) for one Bitcoin vs $1,233 (about £1,008) for a troy ounce of gold when the markets closed. The Bitcoin crash of 2014 was particularly catastrophic, with the collapse of huge BTC exchange MtGox resulting in losses of about £251m. However, the cryptocurrency bounced back, hitting record highs in January this year, and now outstripping even gold. While many people are sceptical of the usefulness of the 'libertarian magic beans,' Bitcoin has weathered several storms and established itself as a legitimate offering in a world where most currencies are far older. We'd wager people who own Bitcoins don't much care about the reasons, just the outcome, so the drinks are definitely on them tonight.read more visit us gold
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