According to RT, bitcoin smashed through a $10,000 valuation on the South Korean exchange Bithumb.
According to CNBC, Art Cashin, who is the UBS director of floor operations at the New York Stock Exchange, has said bitcoin has reached parabolic levels and he has been told that the price movement has started to worry some people at the Federal Reserve.
Over on Twitter, the account Crypto Korean has noted that the second or third-largest bank in South Korea is testing a cryptocurrency vault service.
According to Bloomberg, bitcoin has emerged as a crisis currency in hotspots such as Zimbabwe. The article also notes that Africans in Paris use Bitcoin to send money home to their families.
According to Bloomberg, central banks around the world are increasingly looking into the potential implications of bitcoin and other digital currencies.
Featured image via Pixabay.
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Kyle first used Bitcoin in 2011. By early 2014, researching and writing about Bitcoin had become his full-time occupation. Currently, he contributes regularly to Forbes and CoinJournal. His work has also appeared in Business Insider, VICE Motherboard, Nasdaq, and many other media outlets. Additionally, he provides a daily Bitcoin news recap via a newsletter and YouTube show (audio only version available via SoundCloud), which can be found at kyletorpey.com.