Banking24.02.2017
Bitcoin hits all-time high
Bitcoin has hit an all-time high, reported CoinDesk.
Citing the CoinDesk Bitcoin Price Index – the index Google uses for its results – the report stated that Bitcoin’s previous highest level was $1,165.89 in November 2013.
As of 24 February, it was sitting at over $1,200.
Reports suggest that the prospect of the US Securities and Exchange Commission approving the Winklevoss Bitcoin ETF – the first bitcoin ETF – has increased trader confidence.
CoinDesk reported that the commission has a deadline of 11 March to make its decision.
Now read: MMM “Ponzi scheme” back in South Africa with Bitcoin-based currency
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