Monday, January 02, 2017

China Capital Controls Gives Bitcoin A Boost

Bitcoin celebrates new year with surge in value

It has been a bumper year for bitcoin. Having risen in value in 2016 by 125 percent the digital currency started the new year by jumping above $1,000 for the first time in three years. As most bitcoin trading is done in China, analysts linked that to the fall in the value that country’s currency –…