Bitcoin, the popular anonymous digital currency utilized in the world of online gambling and other industries, was up 0.7 percent, or $7.50, to $1,115 a coin. It is on course to shatter the all-time high of $1,140
The recent strength in bitcoin comes amid speculation the Securities and Exchange Commission will approve at least one of the three proposed bitcoin-focused exchange-traded funds despite analyst concerns that none will be approved.
For the year, bitcoin is up about percent.
The news comes as one Bitcoin trader was hit by a “severe” Denial of Service attack Wednesday morning.
The Bitfinex tweeted that its platform was working to return to normal operations following the initial attack, which lasted approximately one hour.
- Aaron Goldstein, Gambling911.com