1. Bitcoin Reaches All-Time High

1 Bitcoin Reaches AllTime High

The value of Bitcoin reached an all-time high on Sunday, December 17, as the price of the digital currency climbed to $19,783.06. The price of Bitcoin has now more than doubled since the beginning of December, and the digital currency is up more than 20-fold since the start of 2017.

The surge in the price of Bitcoin has been driven by a variety of factors, including the increasing demand for cryptocurrency in China and other countries where Bitcoin is not yet regulated, as well as the possibility that the digital currency could soon be used as a legitimate form of payment by major online retailers such as Amazon and eBay.

The price of Bitcoin has been volatile in recent months, and it is possible that the digital currency could experience a sharp correction in the near future. However, the long-term outlook for Bitcoin remains positive, and the current all-time high is just another milestone in the incredible rise of the world's most popular cryptocurrency.

2. Ethereum Surpasses Bitcoin in Daily Trading Volume

The year 2017 has been an eventful one for the world of cryptocurrency. We've seen Bitcoin's value skyrocket, as well as a number of other altcoins. One of the most notable developments in the past few months has been Ethereum's surge in popularity.

In the past few weeks, Ethereum has been making headlines for all the right reasons. The value of Ethereum's currency, Ether, has been on the rise, and the platform itself is being used for an increasing number of real-world applications.

Now, it seems that Ethereum is poised to overtake Bitcoin in terms of daily trading volume. This is a remarkable development, considering that Bitcoin is the reigning king of cryptocurrency.

There are a few factors driving Ethereum's recent success. For one, the platform is incredibly versatile. While Bitcoin is primarily used as a digital currency, Ethereum can be used for a wide range of applications, from smart contracts to decentralized applications.

This flexibility has made Ethereum a popular choice for developers and businesses alike. In fact, a number of major companies, including Microsoft and JPMorgan Chase, are already using Ethereum's blockchain technology.

Another factor driving Ethereum's growth is the increasing number of Initial Coin Offerings (ICOs) being launched on the platform. ICOs are a new way of fundraising, where businesses create their own digital tokens and sell them to investors in exchange for Ethereum.

So far, ICOs have been incredibly successful, with a number of projects raising millions of dollars. This is good cryptocurrency news for Ethereum, as it means that more people are buying Ether to participate in ICOs.

All of this has led to a surge in Ethereum's daily trading volume. In the past 24 hours, Ethereum has traded over $2.6 billion worth of currency, which is more than Bitcoin's $2.5 billion. This is a significant milestone, and it's likely that Ethereum's lead will only grow in the future.

There's no doubt that Ethereum is on the rise, and it's poised to have a big impact on the world of cryptocurrency. It will be interesting to see how things develop over the next few months.

3. Litecoin Prices Soar on Bitstamp Exchange

On Wednesday, the price of Litecoin soared on the Bitstamp exchange, reaching a high of $62.58. The price of the digital currency has been on a tear in recent weeks, and is up nearly 400% since the beginning of the year.

The surge in Litecoin's price comes as the Bitstamp exchange announced that it would add Litecoin trading to its platform. The exchange is one of the leading Bitcoin exchanges, and the addition of Litecoin trading is seen as a big boost for the digital currency.

Litecoin is often seen as a rival to Bitcoin, and its recent price surge is likely due to investors seeking alternatives to Bitcoin as its price has stalled in recent months. Litecoin is also seen as a more efficient alternative to Bitcoin, with faster transaction times and lower fees.

With its recent price surge, Litecoin has cemented its place as one of the leading cryptocurrencies. The digital currency is now the fifth largest by market capitalization, and its price is sure to continue to fluctuate in the coming days and weeks.

4. Bitcoin Cash Gains Traction Among Miners

It’s been a little over a week since Bitcoin Cash (BCH) forked away from the Bitcoin (BTC) blockchain, and already the new coin is seeing some success among miners. According to data from Coin Dance, a website that provides real-time statistics for a variety of Bitcoin-related activity, approximately 20 percent of BTC’s hash power is now being directed at the BCH blockchain.

This is a significant amount of hash power, especially considering that the BCH network is still in its infancy. It’s also a good sign for the long-term prospects of BCH, as it indicates that there is significant interest from miners in supporting the new coin.

One of the main reasons that miners are drawn to BCH is its larger block size limit of 8 MB. This allows for more transactions to be processed per block, which is a major selling point for those who see BTC as being too slow and cumbersome.

Another selling point for BCH is that it has restored some of the features that were removed from BTC during its SegWit upgrade, such as the ability to easily send and receive data via the blockchain. This has made BCH a more attractive option for developers and businesses looking to build applications on top of a blockchain.

So far, it seems like the fork is going smoothly and there’s plenty of room for both BTC and BCH to coexist in the cryptocurrency world. It will be interesting to see how the two coins develop over time and whether BCH can continue to attract miners away from BTC.

5. Cryptocurrency Market Cap Reaches New All-Time High

The total cryptocurrency market cap has reached a new all-time high of $2.2 trillion. Bitcoin, Ethereum, XRP, Bitcoin Cash, and Tether are the top 5 cryptos by market cap.

This is a huge milestone for the cryptocurrency industry, as the total market cap has now doubled in just 4 months. It shows that more and more people are gaining confidence in cryptocurrencies and are willing to invest more money into the industry.

The total cryptocurrency market cap had previously reached an all-time high of $1.0 trillion in December 2017, before the market crashed in 2018. It then took over 2 years for the market to recover and reach new highs.

The recent surge in the market can be attributed to several factors, including the increasing institutional interest in cryptocurrencies, the launch of new products and services, and the overall positive sentiment in the market.

With the total cryptocurrency market cap now surpassing $2.2 trillion, it is clear that the industry is here to stay and is only going to grow bigger in the years to come.