As Bitcoin Surges over $1,800, Federal Reserve Official Admits Blockchain Value

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From ANTIMEDIA, by Everett Numbers

The price of bitcoin just surpassed $1,800, its second all-time high this week. As governments worldwide eye the blockchain technology and ready new cryptocurrency rules, there is no sign bitcoin’s astronomical rise in value, up 81 percent this year, is over.

According to Coindesk’sBitcoin Price Index, the average price of bitcoin hit $1,839.23 on Thursday after starting the day’s trade session at $1,732.13. That jump of more than $100 follows the historical achievement Tuesday of bitcoin breaking $1,700 for the first time.

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What’s driving this mega surge? Recent comments and developments from officials in the US, Japan, and Russia, according to CNBC.

Though the price of the digital currency had already been steadily mounting, Federal Reserve Bank of Minneapolis President Neel Kashkari spoke favorably of the blockchain…

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