Bitcoin has broken another record, this time crossing the $12,000 mark, and shows no sign of slowing down yet. It reached $5,000 in October and crossed the $11,000 figure in less than two months. The current trading volume during this period is just over $9.7 billion and with a market cap of over $217 billion, Bitcoin is now worth more than 97% of S&P 500 companies, including Visa, Walmart, Coca Cola, Disney, and IBM. The extreme premiums underline the unprecedented demand and appetite for the decentralized currency that is resoundingly seen as a store of value for investors, beyond its utility as a currency. Indeed, in September this year, Jamie Dimon, the chief executive officer (CEO) of financial giant JPMorgan, grabbed the headlines after controversially describing bitcoin as a "fraud". United Kingdom and European Union leaders revealed plans this week to launch a crackdown on the Bitcoin amid fears tax evasion and money laundering.
"This is a toxic concept for investors", Roach told CNBC.
He said: "This is a unsafe speculative bubble by any shadow or stretch of the imagination". Major exchanges, such as the Chicago Mercantile Exchange (CME) and Chicago Board Options Exchange (CBOE), outlined that they would introduce futures contracts in their exchanges.
The price of Bitcoin has been steadily increasing over the past several weeks, with industry experts saying that the trend is likely to continue in coming days. It would reach $40,000 by the end of 2018. Chinese authorities banned bitcoin trading and initial coin offerings earlier this year, while Indonesia approved a bill prohibiting bitcoin transactions from next year.
Both were rushed to hospital after the incident at Livingstone Shopping Centre about 3.15pm on Thursday. A male pedestrian, believed to teenage boy, was taken to Fiona Stanley Hospital with serious injuries.
Thanking the fans for the honor, the 35-year-old " Quantico " star said, "I can not actually take credit for this at all". Thank you @EasternEye. you do know how to flatter a girl! What my fans have done, I can't pay them back in words.
Akash calls Hiten a loser and he gets mad at her and retaliates. "Mere gaal ke paas nahi ana!" But Akash apologises to Shilpa. He also asked Arshi Khan to apply body lotion to his body and even has the audacity to walk around the house in just a towel.
Berenberg has "Buy" rating and GBX 740 target. $73.67's average target is 80.83% above currents $40.74 stock price. The price target would indicate a potential upside of 32.23% from WPP Group PLC (LON:WPP)'s last close price.
The 52 year old will take charge of training this morning and he will be in charge for the game at the weekend against Brentford. Adkins takes up the reins in Humberside with Hull languishing perilously close to the relegation zone in England's second tier.
The fast-growing online betting group GVC is back in talks with Ladbrokes Coral about a takeover worth up to £3.9 billion. Both sides have agreed GVC's chief executive Kenneth Alexander would take charge of the combined group.
On Thursday, somebody spotted the half-burnt body of the victim in Raigar's field on Dev heritage road and informed the police. Agriculture equipment used in the murder and the dead man's bike and slippers were found from the location of the murder.
The status yellow warning is in effect from 4pm Thursday, and remains in place until the same time on Friday. Along with higher ground, counties in the north and north west are expected to be worst hit.
Citadel Advsrs Limited Liability reported 0% in NOW Inc. 730,427 are held by Tiaa Cref Invest Mgmt Limited Liability Corporation. Canaccord Genuity maintained Rockwell Collins , Inc. (COL) traded up $0.19 during trading hours on Wednesday, reaching $133.23.
As that front looks to be fairly far off the coast, most of the moisture should stay out over the ocean as well. We spent most of our Wednesday in the 40s, running 5-10 degrees colder than normal for the high temperatures.
As usual, these leaked images of the Nova 2S come from Evan Blass - one of the most well-known leakers in the mobile space. The highlight of the Huawei Nova 2s is the quad camera setup as there are dual front and dual rear cameras.
Copson and four others to testify before the panel. "I am going to celebrate today" Copson said, according to the whistle-blower. Michael Flynn reportedly told a business associate that the economic sanctions against Russian Federation would be "ripped up".
Google to Pull YouTube from Amazon Echo Show, Fire TV
There are always two sides to a feud, and the on-going beef between Amazon and Google is a testament to this fact. Amazon has sold that device for longer than the Echo Show, meaning more customers may now be affected.
Syria government to return to Geneva talks Sunday
During last week's sessions, de Mistura shuttled between representatives of the warring sides, who did not meet face-to-face. Negotiations were paused over the weekend and resumed on Tuesday, but without the regime delegation headed by Syria's U.N.
Porn Star August Ames Passes Away At the Age of 23
Producer Jules Jordan tweeted: "Rest In Peace to August Ames , one of the best, nicest people I ever knew in the business". Our hearts go out to August's friends and family during this extremely hard time.