4/27/2017, 1:13 PM (Source: TeleTrader)
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Bitcoin flirts with all-time high on main platforms

The bitcoin traded in the green on Thursday, continuing a streak of gains on major exchanges, with notable jumps against the euro and the yuan. The ongoing trend returned market valuations of the digital currency close to record high levels, which were reached in March before several volatile sessions that took it below $900.

At Bitfinex, exchange based in the British Virgin Islands, the bitcoin reached an all-time intraday high in a fifth out of six consecutive sessions. The entity has been excluded from CoinDesk's index after it revealed glitches in transactions with Taiwanese banks, as Wells Fargo blocked them. In other news, seven United Nations agencies, including the UN Development Programme and the World Food Program are considering the possibility to use blockchain technology for aid distribution.

The most widely watched cryptocurrency was up 0.79% at $1,272.5 at OKCoin, 1.03% in the green at BitStamp, trading for $1,301.2, and 0.15% higher at Bitfinex, buying $1,402.2. The exchange rate versus China's currency soared 4.46% to 7,656.99 at BTCChina. Earlier it climbed to as high as 7,777 yuan. The bitcoin increased 0.9% to €1,192.543, after jumping to less than one cent under €1,200, a level unseen since March 10.

Baha Breaking News (BBN) / IT