bitcoin NEWS

This year, several fundamental factors have led to a sharp growth of exchange rate of bitcoin. One of the main factors was the instability of the economic situation in China. A referendum in the UK, Brexit, has also led to higher prices for cash.
However, there are other factors that can give bitcoin the extra push up. According to an article in Forbes, the number of transactions bitcoin could triple by the end of 2016.
Forbes quotes the British research company Juniper Research, which specializiruetsya on the identification and evaluation of market sectors with strong liquidity and, as studies show that "the total volume of transactions with bitcoin will exceed $92 billion this year".
Trump, Brexit and other global risks

The BBC reports that in accordance with the report of the Economist Intelligence Unit, Donald trump, if he will take the post of President of the United States, could disrupt the global economy and increase political risks in the United States.
"His victory will bring much greater risks than England, which leaves the European Union, or an armed clash in the South China sea."
Economic Intelligence Unit uses a scale of risk from 1 to 25, and trump, if elected President of the United States, receives a rating of 12, which destructive force is the same as the risk from terrorism to destabilize the world economy.
The participation of Japan and South America

Recently there has been growing interest in bitcoin from the Japanese and South American markets. In addition to Coinbase, which has found its way onto the Japanese market in partnership with one of the largest banks in the country, 24-hour trading volume in Japan on the stock exchange Bitflyer has exceeded the volume of Bitfinex and other exchanges.
In South America the launch of the exchange Colbitex in Colombia, rising inflation, and the crisis in Venezuela and the increasing use of cryptocurrencies in Brazil, are factors that have created the popularity of bitcoin in the region.
The effect of the Swiss Vontobel

Swiss Bank Vontobel offers investors trading pair BTC/USD as a classic certificate tracker (SSPA: 1300), which offers investors an easy way of investing in bitcoin, which probably also pushed the price up.
The Bank gives investors the opportunity to trade Vontobel certificate in the secondary market at SIX Swiss Exchange. This event will be a good addition to the Bitcoin ecosystem, especially given the coverage by the Bank 22 international jurisdictions and its credibility as one of the best in identifying and analysing trends, and then create innovative strategies and products for investment.
Deflationary cryptocurrency against inflationary Fiat

Bitcoin is considered a deflationary currency is halving the reward every four years. This reduces the amount of mined bitcoins two times, thereby reducing the range of coins in the system.
Eric grill, CEO of Coinoutlet, says:
"There is a limited supply of bitcoins, and the last time an offer is declining, while demand continues to grow. Bitcoin is usually traded against currencies that continue to be printed, which increases the value of bitcoin in relation to these currencies".
The graphs suggest strong growth

MarketWatch recently reported that 2016 was a strong year for bitcoin and cryptocurrency rose to a two-year high. The technical pattern emerging in the graphs were analyzed by stock analysts. They stated that the price of bitcoins can rise even higher.