Bitcoin reached a new record of $7300 before dipping

Where Will Bitcoin Be in 10 Years from Now?

The cryptocurrency has had a week of rallying after CME Group, an American financial market company that operates the world's largest options and futures exchange, announced that it would introduce bitcoin futures contracts on Tuesday. The popular cryptocurrency managed to hit a new record price of $6915 and a market cap valuation of over $115 billion at the time of writing.

Some 17% of survey respondents said they plan on investing in bitcoin in the future, while roughly the same number-slightly more than 18%-plan to invest in ether, the token that grants access to the Ethereum network, which powers the smart contracts that have enabled the launch of hundreds of new digital tokens this year. According to financial analysts, the rise of the currency has been driven by the announcement of the Chicago Mercantile Exchange (CME) to begin trading Bitcoin futures. The cryptocurrency is up as much as 640 per cent this year and is now worth more than $100 billion.

Bombing Rocks Kabul's Green Zone, Casualties Feared — ToloNews
Initial reports suggest that the suicide bomber detonated explosives inside Kabul Green Zone close to Australian embassy. Another witness said: "A lot of people were dead and injured and there was no one to carry them away".

The cryptocurrency soared past $7,000 for the first time, just a month after crossing the $5,000 mark. Many people have hesitated to invest in the digital currency because it isn't properly regulated and there aren't enough protections for investors. According to the Chicago Mercantile Exchange, the whole Bitcoin futures contracts are expected to be settled on and will be strongly based on the CME CF Bitcoin Reference Rate or the BRR. This is not entirely surprising, especially not with a few big dips along the way after setting this new all-time high. The report suggests that Chinese regulators believe that Bitcoin might become a potential threat to the central bank of China, as it could potentially replace the official currency Yuan in daily transactions of citizens. The surges are the major areas of interest to them and so far, bitcoin has been going through plenty of them. This has had the effect of clung a surge in the price of bitcoin.

These are just a few and widely varying, examples of where the bitcoin's value could head to in the next decade.

Related News:



Most liked

Puigdemont skips court appearance, but will cooperate with authorities - lawyer
Instead, Puigdemont and four of his colleagues traveled to Brussels in Belgium and hired a lawyer. With Puigdemont and four others in Belgium, only 15 turned up.

Egypt's Salah scores with superb flick as Liverpool crush Maribor
Maribor's best chance fell to Martin Milec, but his low drive was collected by Loris Karius, the only save he made in the match. "Now we are in a good positioning in the Champions League and hopefully we will be in the next round".

Tyrese threatens to quit 'Fast & Furious' over Dwayne Johnson
In another post today, he announced that if Johnson appeared in the Fast & Furious 9, he would quit the film. Comments on Gibson's post were overwhelmingly critical about his speaking out.

At least 3 killed in 14-vehicle fiery crash on Hwy. 400
Highway 400 will be closed northbound at County Road 88 and southbound at County Road 89 for an undetermined period of time. Schmidt said the highway may also need resurfacing depending on how much damage has been done to the asphalt.

Team Vikas wins the Luxury Budget Task "BB Cushion Factory"
Arshi then confesses that Vikas Gupta tried to hook Arshi and Priyank up, but said that she doesn't have any interest in Priyank. On the basis of points, Bigg Boss announced that Benafsha Soonawalla and Vikas Gupta were the winners of the luxury budget task.

Aston Martin Vanquish S Ultimate revealed as a swansong for the GT
Tied to an 8-Speed Touchtronic III automatic transmission, all 595 bhp will be put on the tarmac via the rear wheels. Only 175 examples of the Aston Martin Vanquish S Ultimate will be created, in both Coupe and Volante variants.

Facebook quarterly profit rises on mobile ad growth
The ad featured pictures of African-American people shot by police, and contained the message, " Join us because we care ". One ad encouraging Facebook users to like one of those pages, "Black Matters".

Dolphins send Ajayi to Eagles for draft pick
The performance drew criticism from Dolphins coach Adam Gase, who did not mention Ajayi by name. He was drafted in the fifth round of the 2015 NFL Draft by the Dolphins.

Duterte to discuss NKorea with Japan's Abe
Lopez told reporters on Monday that the investments from Japan, the country's top trading partner, will benefit various economic sectors.

The Great British Bake Off final: 'Hardest' ever to judge, Paul Hollywood
Faldo and all the bakers will join Jo Brand on Bake Off spin-off show An Extra Slice at 10pm on Thursday on Channel 4 . The show's newest judge told the Press Association she was in Bhutan when she made the howler.

Kim Wall death: Danish inventor Madsen admits dismembering journalist
In the latest update on Monday, published online by Danish police , Madsen claimed that Wall died of carbon monoxide poisoning. A Danish inventor confessed to dismembering the body of a journalist last seen aboard his submarine in August, police said.

Miles Morales Is Peter's Contemporary in New Spider-Man PS4 Trailer
Spider-Man is slated to release for the PlayStation 4 as an exclusive title in the first half of 2018. On the one hand, I understand why Sony and the developer , Insomniac , released this trailer.

Ghost of Tsushima is a new samurai game from Sucker Punch
The open-world game will place you as a lone warrior, charged with defending the titular island from the Mongol horde. We all know what Sucker Punch is capable of and so Ghost of Tsushima has us very interested indeed.

Iraqi Kurdish leader Barzani confirms intention to step down on November 1
Hawrami said Barzani could remain in office if mandated to hold the post until the next Kurdish presidential elections are held. Iraqi Kurdish president Massoud Barzani is to step down as the region wrestles with Baghdad over independence.

Lio Rush apologizes for tweet about WWE releasing Emma
She was sent to Tampa, Florida to work in the WWE's developmental territory known as Florida Championship Wrestling (FCW). The last time WWE fans saw Summer Rae was part of Team B.A.D. and Blonde at WrestleMania 32 defeating Team Total Divas.