FinanceMalta members Exante at the forefront in predicting this rise
in Cryptocurrencies
Bitcoin's vertiginous ascent showed no signs of abating,
with the cryptocurrency soaring to another record high just a few
percent away from $10,000 after gaining more than a fifth in value
over the past three days alone.
The digital currency has seen an eye-watering tenfold increase
in its value since the start of the year and has more than doubled
in value since the beginning of October, lifted by the prospect of
crossing over into the financial mainstream, amid a flurry of
crypto-hedge fund launches.
"Over half a million new users a day are coming through to
bitcoin across the world, people are actively opening accounts
left, right and centre, that new money coming into it is pushing it
ever higher" stated Patrick J O Brien, Exante's
Communication Director. "Promises of bitcoin futures are
opening the door to institutional money and in return supercharging
the price".
