How to buy Bitcoin at the UK’s largest bitcoin exchange – bitcointalk
Share this article Share The rise in popularity of bitcoin in Britain has coincided with a spike in the price of the virtual currency, which has also been blamed for a surge in crime in the UK.
Bitcoins value has soared in recent months, and the rise in price has prompted concerns that criminals may try to launder money using it to larceny.
The value of a bitcoin has surged in recent weeks and it has now reached $9,000, up more than 10 per cent in a day.
However, the value of the digital currency has also skyrocketed in recent days.
The number of transactions on Bitfinex, one of the leading bitcoin exchanges in the world, has doubled in the past week.
The price of bitcoin has increased by almost 100 per cent since last week, according to CoinDesk data.
The rise in demand for bitcoin and the resulting increased prices has also led to a boom in the number of online retailers accepting bitcoin, with more than 100 accepting the virtual commodity.
In April, a Bitcoin futures contract, which allows buyers to buy and sell bitcoin, was added to the futures market.