Bitcoin Watch – Keep an eye on the cryptocurrency taking the world by storm

At the beginning of 2017, the highly volatile Bitcoin was valued at just below USD1,000, however recently it has skyrocketed well into the teens at a high of over USD19,000.

Latest Bitcoin news: cofounder and CTO Emil Oldenburg confirmed he is extremely sceptical of the cryptocurrency’s future, even parting ways with all his bitcoins. In an interview with Swedish tech site Breakit, Mr Oldenburg said: “I would say an investment in bitcoin is right now the riskiest investment you can make. There’s an extremely high risk. I have in fact sold all my bitcoins recently and switched to bitcoin cash,” referring to the problems with bitcoin’s high transaction costs and lead times.

Stay updated here with how the cryptocurrency is tracking: