Bitcoin Skyrockets

The value of the Bitcoin cryptocurrency has risen sharply, reaching a value of £22,000 for the first time ever. Bitcoin Bitcoin is a digital web-based currency that operates without the need for central banks and uses highly secure encryption to regulate the currency units and to verify transfers of funds. Bitcoin, which was first produced in 2009, uses the ‘Blockchain’ technology. Blockchain is an open and programmable technology that can be used to record transactions for virtually anything of...