Bitcoin crosses $10,000 milestone- make money, improve your stars.
The virtual currency reached the benchmark for the first time, just days after it passed $9,000. It caps a remarkable rise in value for the crypto-currency, which was trading below $1,000 at the start of the year. Some experts believe the asset still has far to soar , but others say it represents a speculative bubble with nothing tangible at its core that could burst any time. The total value of all the bitcoins in existence has now surpassed $167bn. Bitcoin first reached $1,000 in late-2013 and then dipped significantly before starting a volatile climb to its current value. It is not entirely clear what has driven the sudden rise in value, especially because the past few weeks have been marked by action by some financial regulators to limit its use. New heights One factor that may have helped was the US-based derivatives marketplace operator CME Group's announcement at the start of the month that it planned to launch a Bitcoin futures product before th...