Cryptocurrencies Market Overview - December 12, 2017

Welcome to my Cryptocurrencies Market Overview for Tuesday, December 12, 2017.

24 Hour Change

Realtime chart on my website CoinMarkets.today

7 Day Change

Month-to-Date Change

24 Hour Volume

Market Capitalization

Bitcoin daily chart

Feel free to use and share my charts, but please mention me as the author.

Latest Crypto News - December 12, 2017

No Stopping? After New High, Bitcoin Price Eyes $20k

Bitcoin bulls look set to push prices as high as $20,000 over the next few days, according to the price chart analysis.
_{Read more: coindesk.com}

People are mortgaging their houses to buy Bitcoin

A bunch of wannabe investors are even going so far as to take mortgages out to buy bitcoin, while others are running up credit cards and turning to equity lines. That's according to securities regulator, Joseph Borg.
_{Read more: engadget.com}

More sources:

• Americans Are Taking Out Mortgages to Buy Bitcoin (Bitcoin.com)
• People are putting their homes at risk to buy Bitcoin (Businessinsider)

Super Bitcoin Hard Fork To Launch Tuesday To ‘Make Bitcoin Great Again’

Tuesday will see the launch of Super Bitcoin, a new hard fork which developers say will “make Bitcoin great again.” One of a handful of forks due to diverge from the Bitcoin core chain this month, Super Bitcoin is a Chinese effort looking to optimize Bitcoin through measures such as Lightning Network and an 8-megabyte block size.
_{Read more: cointelegraph.com}

Other sources:

• Super Bitcoin, Coming in a Few Blocks: Is the Hard Fork Safe? (Cryptovest)

Digital Currency Dash Now Usable at 13,000 Locations In Brazil

The cryptocurrency Dash has made waves over the past months as the price has continued to increase. A new win for the currency has come from a partnership with CoinBR, a Brazilian cryptocurrency company.
_{Read more: cointelegraph.com}

Japanese Internet Giant GMO Offers to Pay 4700+ Employees in Bitcoin

Japanese conglomerate GMO Internet Group has introduced a payroll system to allow its 4,700+ employees to receive part of their salaries in bitcoin.
_{Read more: bitcoin.com}

What It's Like To Be Absolutely Obsessed With Bitcoin (HBO)

Saxo Bank’s Van-Petersen: Bitcoin Price At $100k By 2019 Is ‘Prudent’

Saxo Bank global macro strategist and famous Bitcoin bull Kay Van-Petersen has said Bitcoin prices will hit “$50,000 - $100,000 within the next six to 18 months.”
_{Read more: cointelegraph.com}

Over $300? Pullback Likely for Surging Litecoin

Fuelled by trading on Coinbase's GDAX exchange, one of the most trafficked onramps for new buyers, the world's fourth-largest cryptocurrency by value is trading at an all-time high near $300, up from under $5 at the start of 2017.
_{Read more: coindesk.com}

Winklevoss twins say bitcoin will be 20 times bigger

The twin brothers, the world’s first “bitcoin billionaires”, have predicted that bitcoin could increase in value by another 20 times from today’s levels. Speaking to Fox Business, Cameron and Tyler Winklevoss challenged those who trash bitcoin to “put their money where their mouth is”. Cameron said: “We think bitcoin is gold 2.0. It’s a store of value, so today it’s about a $US300 billion market cap, gold is at $US6 trillion, so we think it could very well go up another 20 times from today.
_{Read more: cryptobible.io}

U.S. Bitcoin Futures Markets Pump Up ETF Optimism

Many individuals and organizations believe that the launch of bitcoin-based futures markets have ‘opened the doors’ for bitcoin exchange-traded funds (ETF). Now that Cboe’s derivatives markets launched, new ETF filings have been sent to the U.S. Securities and Exchange Commission (SEC) from financial firms such as Vaneck and REX.
_{Read more: bitcoin.com}

Bitcoin Isn't Sapping Demand for Gold, Says Goldman Sachs Exec

A Goldman Sachs executive has said there is "no evidence" that bitcoin's price gains have reduced demand for gold.
_{Read more: coindesk.com}

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