Price of Bitcoin Hits New All Time High
NEW YORK, November 1, 2017 /PRNewswire/ --
Bitcoin price hit another all-time high on Tuesday after CME announced to launch bitcoin future in the fourth quarter of the year. According to data from industry website CoinDesk, the price of bitcoin rose past $6,400 for the first time and hit a new record high of $6,415.28 on Thursday morning. GME Group Inc. is the world's leading exchange operator for options and futures trading. CME said the new bitcoin futures contract will be settled via cash and based on its CME CF Bitcoin Reference Rate (BRR). Bitcoin was up over 500 percent this year. Global Blockchain Technologies Corp. (OTC: BLKCF), Bitcoin Services Inc. (OTC: BTSC), MGT Capital Investments, Inc. (OTC: MGTI), Global Arena Holding, Inc. (OTC: GAHC), BTCS Inc. (OTC: BTCS)
The cryptocurrency market has been growing rapidly this year. According to CoinMarketcap, the total market cap of cryptocurrency market reached 182 billion. Terry Duffy, CME Group Chairman and Chief Executive Officer, said in a statement: "Given increasing client interest in the evolving cryptocurrency markets, we have decided to introduce a bitcoin futures contract. As the world's largest regulated FX marketplace, CME Group is the natural home for this new vehicle that will provide investors with transparency, price discovery and risk transfer capabilities." Terry Duffy, CME Group Chairman and Chief Executive Officer, said in a statement.
Global Blockchain Technologies Corp. (OTC: BLKCF) also listed on the TSX Venture Exchange under the ticker symbol 'BLOC'. Just announced breaking news earlier today that, "it has joined the Hyperledger Foundation. Global Blockchain Technologies Corp.'s membership in the Hyperledger Foundation, an open-source collaborative effort to create cross-industry blockchain technologies for businesses, will facilitate technically-focused collaboration with other leaders in the blockchain space. In addition, Global Blockchain Technologies has established a strategic partnership with Wachsman PR, the world's largest public relations firm specializing in the blockchain industry. Wachsman PR will advise Global Blockchain Technologies Corp. on its long-term strategies for media relations and brand development.
Global Blockchain Technologies Corp.'s addition to the Hyperledger Foundation represents an important step forward in its plan to build a team and community comprised of the best develop-ers in the Hyperledger, Stellar, Graphene, NEO, and Ethereum ecosystems. Through its mission of expanding expertise in all major blockchain platforms, the Hyperledger Foundation will provide Global Blockchain Technologies Corp. with a valuable knowledge base for future investments.
Powered by the non-profit Linux Foundation, the Hyperledger Foundation is a collaborative soft-ware development effort designed to facilitate the mainstream commercial use of blockchain technologies. The Hyperledger Foundation also counts major corporations such as JPMorgan, American Express, IBM, and CME Group as members. Based in New York and Dublin, Wachsman PR is the largest public relations firm specializing in media relations and strategic brand development for digital currency and blockchain-based companies. Since its inception in 2015, Wachsman has crafted and led public relations cam-paigns for more than 50 of the most successful and innovative companies in the blockchain and cryptocurrency spaces.
Global Blockchain Technologies Corp. CEO Rik Willard said: "We are proud to establish these critical relationships with the Hyperledger Foundation and Wachsman PR. As a new entrant in the space comprised of seasoned veterans from various areas of the blockchain industry, we will remain open and eager to explore and enhance our understanding of a variety of distributed platforms. We feel that there is room for multiple decentralized and distributed solutions, so we are very excited by the opportunity to work with the Hyperledger Foundation, which offers a di-verse set of software options for enterprise applications. Our collaboration with Wachsman PR will allow us to better facilitate the growth of prominent blockchain startups and allow GBTC to effectively communicate its mission to promote some of the world's most promising companies in this rapidly-developing space."
Wachsman PR CEO and Founder David Wachsman said: "Wachsman PR is thrilled to be work-ing with Global Blockchain Technologies Corp. Its team has demonstrated continuous dedication to the innovation and development of blockchain since its early days. The need for educated in-vestors in the space who are willing support early-stage blockchain companies will only multiply, and GBTC has proven itself to be a committed advocate of such startups."
Global Blockchain Technologies Corp. is an investment company that consists of industry pio-neers, founders, and early adopters of blockchain projects. In addition to initial capital invest-ments, Global Blockchain Technologies Corp. also offers technical development personnel and legal support to companies in its in-house innovation incubator.
Bitcoin Services Inc. (OTC: BTSC) business operations are Internet formed to a consumer and include of 3 apart streams, as follows: (1) bitcoin escrow services, (2) bitcoin mining, and (3) blockchain program development. The principal products and services are a mining of bitcoins, providing escrow services for buyers and sellers of bitcoins, and a growth and sale of blockchain software. Earlier this year, Bitcoin Services announced that it purchased 4 Antminer S9 bitcoin miners. The S9 has some-more hashing energy than any prior device congested into a silicon; a large 14 TH/s (TeraHash per second). A sum of 189 chips, widespread over 3 circuit boards, are total to grasp this unusual hashrate. In addition, after several shareholder inquiries, a association has no skeleton for a retreat split. The stream share structure as of currently is 511,784,705 OS, 387,512,190 Restricted, and 124,272,515 Float.
MGT Capital Investments, Inc. (OTCQB: MGTI) is a U.S. based bitcoin miner that is developing a portfolio of cyber security technologies, with industry pioneer John McAfeeas its visionary leader, creating advanced protection technologies for mobile and personal tech devices, as well as corporate networks. On October 12th, the company announced today that it has executed a new purchase order with Bitmain Technologies for an additional 2,000 S9 Antminer mining rigs, with shipment expected by the end of fourth quarter 2017.
Global Arena Holding, Inc. (OTC: GAHC) is a holding and technology development company. The company focused on acquiring technologies, patents and companies having the ability to leverage the blockchain crypto technology. The company has two subsidiaries, GAHI Acquisition Corp. and Global Election Services, Inc. GAHC incorporated GAHI Acquisition Corp. to be the merger subsidiary for the acquisition of Blockchain Technologies Corporation ("BTC"). Global Election Services, Inc. (GES) provides comprehensive technology-enabled election services primarily for organized labor associations.
BTCS Inc. (OTCQB: BTCS) plans to create a portfolio of digital assets including bitcoin and other "protocol tokens" to provide investors a diversified pure-play exposure to the bitcoin and blockchain industries. BTCS intends to acquire digital assets through: open market purchases, participating in initial digital asset offerings. On October 11th, BTCS announced it has secured $1,000,000 in financing, which includes $250,000 (59.38) in bitcoin.
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