This is a breaking story.
If you have been following the latest developments in the world of cryptocurrency and blockchain technology, you might have noticed that a few weeks ago the price of a bitcoin hit $1,000, but it’s been hovering around $500 since.
Today, however, the price is on the move again, and now it looks like it’s on track to hit $800.
This is the latest news from the cryptocurrency community, and it comes on the heels of the first confirmation of the US government’s approval of bitcoin, a move that’s made headlines around the world.
According to CoinDesk, the first batch of government approval is now in the hands of the SEC.
The announcement was made on January 6th, 2017, which is more than a week after the first bitcoin exchange, Coinbase, announced it would allow customers to trade their bitcoin for US dollars.
As the Bitcoin Investment Trust (BIT) launched on January 10th, the number of active bitcoin traders reached over 100,000.
Since then, a handful of other exchanges have also announced their intentions to accept the digital currency, including Coinbase, which announced that it was planning to start accepting bitcoin on January 25th.
In addition, the digital asset exchange Bitstamp announced that they would start accepting Bitcoin on January 16th.
While the government has yet to confirm the approval of the currency, it’s now possible to bet on the future of the digital coin.
The odds on the price rising to $800 are very low at the moment, but if the trend continues to the right direction, there’s a chance that it could reach $1.00 or more by the end of the year.
The cryptocurrency industry has a lot of room for growth, and there are plenty of opportunities to profit from the rising price of the crypto asset.
It’s not just bitcoin that’s on the rise right now.
The price of gold has also been increasing in recent weeks, and while the number is still relatively low, there is still a lot going on right now with the cryptocurrency market.
A recent report from the U.K. Bank of England found that bitcoin has been the fastest-growing cryptocurrency asset since April, with a total value of $17.6 billion.
That’s a massive jump from the $2.5 billion worth of bitcoin that it had in May, and this has been a significant increase for bitcoin over the past year.
It could be that bitcoin will become the next major asset class to gain traction in the cryptocurrency industry, which has seen a lot more volatility lately.
A major bitcoin rally in May 2016 was followed by a massive drop in the value of the cryptocurrency in November of the same year, which ended up causing a major price spike for bitcoin.
That price spike was followed up by a major correction in December of 2017, and in 2018, bitcoin hit an all-time high of $9,973.
It’s likely that bitcoin is now poised to regain its footing in the market in 2019.
It would be nice to see more people get involved in the crypto economy.
Bitcoin is a great investment and it could be very beneficial to people who are interested in investing in the future, especially if the crypto industry is on a steady climb.
We have seen the value increase in the past few months, and we hope that it continues to rise.
This could be the start of the next boom in the industry, and if that happens, it could open up new opportunities for people to take advantage of.
Featured image from Shutterstock.