The currency of "Petcavin" jumps a thousand dollars in 12 hours

in #news7 years ago

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The electronic currency of KFH jumped above $ 11,000, hitting a record high for a sixth straight day after winning more than $ 1,000 in just 12 hours.

After a gain of more than 1,000% since the beginning of the year, Petcone rose by up to 15% on Wednesday, according to Reuters.

Pitcairn was above $ 10,000 in early Asian trading before jumping above $ 11,000 in less than 12 hours to $ 11,935 on the Luxembourg-based Bistustamp, one of the largest and most liquid currency exchanges. But PeteCwin later retreated from $ 11,000.

The market value of e-currencies around the world now exceeds $ 300 billion, according to data from specialized sites.

The rapid rise of Bitcoen has led to a flood of warnings that it has reached the bubble area in the past few weeks, but the warnings have had limited impact, with new hedge funds entering the digital currency into the market as well as the appetite of retail investors to buy them.

The rise in the price of the home in recent months with the support of the announcement of the group, the CME, the largest operator of derivatives exchanges in the world, the launch of Futures contracts for the petrochemical.

The company said last week that futures would be offered by the end of the year, but did not set a specific date.

Former hedge fund manager Michael Novogratz said in an interview with CNBC yesterday that the digital currency boom was just beginning, adding that there was a big wave of money coming from all over the world.