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Bitcoin flies past $2,300 for the first time as scaling agreement is reached

From businessinsider.com

It seems as though nothing can stop bitcoin from going higher. The cryptocurrency is up 3.5%, or $80, at $2,339 a coin. It's gained in 26 of the past 29 sessions and has doubled in value over that time. Wednesday's gain comes after a bitcoin scaling agreement was reached by the Digital Currency Group, representing 56 companies in 21 countries, at the Consensus 2017 conference in New York. The agreement states: "We agree to immediately support the following parallel upgrades to the bitcoin protocol, which will be deployed simultaneously and based on the original Segwit2Mb proposal: Activate Segregated Witness at an ... (full story)

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  • Category: Fundamental Analysis