Alternative currencies

 Bitcoin hit an all-time high just below $8,000 on Friday, on talk that a software upgrade whose suspension sent the cryptocurrency into a tailspin at the end of last week was, after all, going ahead within hours, reported Reuters. 

Bitcoin surged on Monday, recovering more than $1,000 after losing almost a third of its value in less than four days as traders bought back into the volatile cryptocurrency.

Bitcoin tumbled in the second half of last week, falling as low as $5,555 on the Luxembourg-based Bitstamp exchange on Sunday, a slide of almost 30 percent from a record high just shy of $7,900 on Wednesday..

The world's most popular cryptocurrency bitcoin dropped below $6,300 on Sunday, losing more than a fifth of its value since hitting an all-time high set earlier this week.

Bitcoin was trading at $6,221 at 7:30am GMT on Sunday, plunging over 20 percent from its Wednesday record high, according to data compiled by industry website Coinmarketcap.

The world's most popular cryptocurrency bitcoin dropped below $7,000 on Friday, having fallen by well over $1,000 since hitting an all-time high set earlier this week.

Bitcoin was trading at $ 6,832 at 2:00pm GMT on Friday, fixing the drop at 3.64 percent, according to data compiled by industry website Coinmarketcap.

The Iranian government intends to legalize Bitcoin as a legal tender on the territory of the country.

The latest album of the Icelandic singer, Bjork, will be sold for cryptocurrency, the bitcoin.com site reported.

The world's most popular digital currency is on a record-breaking marathon. Bitcoin has again attained a new record, jumping over the US$7,000 barrier.

The Swiss municipality of Chiasso is going to let residents pay their taxes in bitcoin, its mayor has announced.

Bitcoin surpassed $6,500 and $6,600 on Wednesday to hit a new record high after the CME announced plans to launch bitcoin futures later this year.

Bitcoin is booming, digital currency hedge funds are sprouting at the rate of two a week and the value of all cryptocurrencies has surged tenfold this year to more than $170 billion, reported Reuters.