Bitcoin  Towards $15,000 Valuation


Bitcoin has increased over $14,000 mark after gaining $2,000 overnight, breaking all previous records. Its total climb on this week amounts 33%.

During the early trading in Asia today, the digital currency raised as much as 7.9 % as it crossed the milestone of $14,000 valuation.

Now the virtual currency is traded around $14,500 and opportunity of gaining $20,000 still exists.

The digital currency has received a boost after the announcement last week by the US derivatives regulator saying it would allow CME and CBOE Global Markets to list bitcoin futures contracts. British money transfer app, Revolut, has also announced it would let customers buy and sell the cryptocurrencies Bitcoin, Ethereum and Litecoin.

After US derivatives regulator announced about allowing CME and CBOE Global Markets to list bitcoin futures contracts, Bitcoin showed increasing movement.

ASX, the main exchange operator for equities and derivatives in Australia, has also announced today that it will start using blockchain to process equity transactions.


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