Virtual currency bitcoin soared to an all-time high above $10,000 on Tuesday on some smaller exchanges and digital currency indexes, but remained just below that milestone in major trading platforms such as Luxembourg-based BitStamp. Created in 2009, bitcoin uses encryption and a blockchain database that enables the fast and anonymous transfer of funds outside of a traditional centralised payment system. It has soared more than 900 per cent so far this year, posting the largest gain of all asset classes, amid increased institutional demand for crypto-currencies as financial and ...
Bitcoin at all-time high, tops $10,000 in some exchanges
It has soared more than 900 per cent so far this year, posting the largest gain of all asset classes