This article aims to explore the fundamental properties of bitcoin, and how they stack up to those of gold.
The Coinbase has booked revenues of $ 1 billion over the past year and it was expected to hold about $ 600 million
Hormoz Faryar breaks down the regulatory challenges the digital currency faces in its march towards mainstream acceptance.
By CNBC: Bitcoin surged more than 7.5 percent on Tuesday to a record, above $2,900.
The digital currency hit a high of $2,967.48 earlier in the session before giving back some gains, according to CoinDesk.
Markets have been relatively calm today in the light of official holidays in a number of markets such as China, the United States and the United Kingdom. The main economic event today were the testimony of Mario Draghi, Governor of the European Central Bank
By CNBC : Nearly $4 billion has been wiped off of the value of bitcoin in the past four days after a correction that has seen the cryptocurrency's price fall almost 19 percent from its recent record high.
By CNBC : Bitcoin broke through the $1,900 mark for the first time on Friday, hitting an all-time high, driven by global political uncertainty and key developments within the cryptocurrency world.
The digital currency was trading at around $1943.99 on Friday morning and had moved as high as $1934.24, according to Coindesk's bitcoin price index. The current level marks a more than 6.8 percent rise from a week ago.
Learn what is bitcoin and how it works in this primer on the cryptocurrency.
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