Pact to Speed Up Bitcoin Drives Digital Currency to Record High
- Growth hurdle cleared as more than 50 companies sign agreement
- Deal seen as move to maturity for industry racked by discord
QuickTake: Bitcoin and the Blockchain
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Bitcoin’s seemingly unstoppable rally has just been given new impetus.
The cryptocurrency extended its surge by 10 percent to a record-high $2,690 on Thursday, bringing gains this year to 182 percent, after an agreement to upgrade the speed of processing transactions.