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Bloomberg

Bitcoin extended a rebound on Monday as the regulatory concerns that have plagued digital currencies this year showed signs of subsiding.
It climbed more than 2 per cent to $8,839 in New York, bouncing back by almost 50 per cent since dipping below US$6,000 in intraday trading on February 6, according to composite Bloomberg pricing. 


Why Hong Kong investors are turning to the US to trade bitcoin futures
After facing weeks of mounting negative headlines that had wiped out billions in value, cryptocurrencies won a reprieve of sorts as top US regulators testifying before a Senate committee called for greater oversight without proposing industry-killing measures. 
Bitcoin latest: prices, policies and politics
That news gave enough positive momentum for traders to shrug off a cryptocurrency ban from Thailand’s central bank.


Bitcoin closes in on US$9,000 as regulatory fears peter out

Bitcoin rallied to almost $9,000 on Monday after dipping below $6,000 earlier in the week. Photo: Bloomberg