This week's news is the currency is shedding the negative influence sites like Silk Road and Mt.Gox and evolving into mainstream currency.
Based on our update last week, the pricing was near $500/BTC and now is stabilizing to around $700/BTC.
Bitcoin Network Capacity
The Bitcoin network capacity is 32.81PH/s this week and was 27.31PH/s. The Bitcoin network is now 120% over the span of this week.
Bitcoin Market Capitalization
The Bitcoin market capitalization has increased by $500M to $7.7B this week. This is demonstrating positive momentum for the market as a whole.
Looking Forward
Coindesk has launched an article called "Current Criticisms of Bitcoin Are at Least 10 Years Too Early" that compares Bitcoin and digital currencies to the original implementation of email back in the late 1980's.
Based on our update last week, the pricing was near $500/BTC and now is stabilizing to around $700/BTC.
Bitcoin Network Capacity
The Bitcoin network capacity is 32.81PH/s this week and was 27.31PH/s. The Bitcoin network is now 120% over the span of this week.
Bitcoin Market Capitalization
The Bitcoin market capitalization has increased by $500M to $7.7B this week. This is demonstrating positive momentum for the market as a whole.
Looking Forward
Coindesk has launched an article called "Current Criticisms of Bitcoin Are at Least 10 Years Too Early" that compares Bitcoin and digital currencies to the original implementation of email back in the late 1980's.
btc-e weekly pricing
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