Bitcoin hits all time high $8600!

Bitcoin rose from $ 7700 to $ 8600, but settled in the range of 8200 during the trading on Friday, during the day rose to a record level of an all-time at 8600 dollars, and is expected to start the Bitcoin to take new paths in the short term and Due to increased market confidence in the short- and medium-term growth of the Bitcoin .

"The global currency system is in a state of decline, and strong stores like Bitcoin and Gold are expected to take over the currency system in the long run," said Patrick Barne, chief executive of Oberstock, an electronics retailer.
"The real question is not how much the house will rise but how the global currency can depreciate," Bern said.

Currently, the price of Bitcoin is approaching the $ 9,000 level without the involvement of institutional retailers and hedge funds on a large scale, but with the continued widespread spread of Bitcoin and the transfer of tens of billions of dollars to Bitcoin the volume of liquidity and the volume of daily trading of Bitcoin .

Increased gains
With the expectation that Wall Street will start injecting money into the Bitcoin markets, it is expected that this will take place at the beginning of the second week of December, the target date for the release of Futures Futures on a trading platform American digital assets, the price of the Bitcoin is likely to rise to $ 10,000 after the launch of futures contracts.

The Central Bank of Singapore enters the Bitcoin in the payment services list

The Central Bank of Singapore (CBB) announced on Tuesday the launch of the Payment Services Bill, which includes a regulatory payment network that proposes streamlining and regulating all payment services under one legislation. The proposed project also includes the provision of virtual currency services such as the Bitcoin Platforms as an organizational specialty and as a regulator. Singapore to closely monitor the risks of money laundering and terrorism financing, as well as to secure consumer funds.