Bitcoin, the world's most popular cryptocurrency, has surged past the USD 26,000 level to set an all-time record high, according to trading data. On Binance, the largest cryptocurrency exchange by trading volume, Bitcoin was trading at USD 26,286.74, as of 20:45 GMT on Saturday. According to CoinMarketCap, an aggregator that compiles data from more than 20 brokers, Bitcoin was trading at $26,270.96 as of 20:47 GMT, a rise of 7.36 per cent over the preceding 24 hours. Many assets have artificially limited supply: Baseball cards, limited print-run art work, and a number of historic Ponzi schemes fall into this category. There has been no substantial progress made on Bitcoin as a unit of exchange.

Source: Mint December 26, 2020 22:30 UTC