Bitcoin set record high of $5380

Richard Branson CEO of Virgin Galactic which accepts bitcoin as a form of payment

Richard Branson CEO of Virgin Galactic which accepts bitcoin as a form of payment

Since the start of 2017, the value of the cryptocurrency has increased by 500% this year.

The Final Word: A murky regulatory environment hasn't slowed down bitcoin.

The news come a month after China clamped down on bitcoin-related activity, ordering domestic bitcoin exchanges to cease operations.

Real estate agent's courageous shark rescue caught on camera
Hatheier, an agent with Cronulla Real Estate , was swimming in the pool when she passed over it, Nine News reported . The video was posted on Facebook and has received more than 1,600 reactions and 1,300 shares as of Wednesday.

Get Trading Recommendations and Read Analysis on for just $39 per month.

Bitcoin's October rally continued today, enabling the flagship cryptocurrency to finally burst through the $5,000 checkpoint for the first time since briefly touching that mark on September 2. High Bitcoin transactions show the high levels of interests the public has on Bitcoin.

Russian Federation becomes the third major economy in the span of a month to put the clamps on cryptocurrency.

Watch this little girl's reaction to news her adoption is final
Eleven-year-old Tannah Butterfield spent the last two years wishing the judge would make her foster parents her forever parents. Butterfield said, "Never, ever give up hope." because she's proof that dreams really do come true.

Bitcoin, a virtual currency created from computer code, was worth only a few U.S. cents was launched in 2009 by someone using the Japanese-sounding name Satoshi Nakamoto.

Though there have been many warnings about a bitcoin "bubble", including from European Central Bank Deputy Governor Vitor Constancio, some say it has much further to climb.

"For most currencies there are several accepted methodologies for estimating relative value, normally based on macroeconomic fundamentals", said EFG Asset Management's Global Head of Research, Daniel Murray. The new record broke a previous all-time high of $5,013 set in September.

Falcao Chat With Peru Players During WC Qualifier Has Sparked Conspiracy Theories
Now, they will have a chance to play their way into Russian Federation 2018 after qualifying for a playoff spot vs New Zealand. James Rodriguez put Colombia 1-0 up on 56 minutes before Peru leveled 20 minutes later through Paolo Guerrero.

Interestingly, not all cryptocurrencies are following bitcoin's lead today, which usually happens when the incumbent cryptocurrency experiences price fluctuations.

Latest News