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12/2/2016, 4:47 PM (Source: TeleTrader)
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Bitcoin nears all-year-high against dollar

Bitcoin extended its gains on Friday against the dollar and yuan. The cryptocurrency almost reached the highest level against the dollar this year.  The BTC/USD pair’s highest level for today was $778.07 which is just slightly lower than its value on June 18 of $778.85.

Bitcoin also traded at the highest level since January 2014 against the yuan. At 4:39 p.m. CET, the cryptocurrency rose 2.46% changing hands for $770 against the greenback while it climbed 2.26% against the yuan, buying 5,441.33.

Coinbase, a bitcoin and ether exchange startup, is seeking a patent for a security system for bitcoin private keys.

Breaking the News / DN