The Bitcoin course chart can be viewed on the Coinbase cryptocurrency exchange app on February 12, 2018.
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The Coinbase digital currency exchange will be made public as renewed interest from cryptocurrency investors has raised bitcoin to an all-time high.
On Thursday, the company announced that it had confidentially filed a draft registration statement on Form S-1 with the Securities and Exchange Commission. The form is expected to take effect after the SEC completes its review process.
California-based Coinbase, founded in 2012, has long been an ideal place to buy and sell cryptocurrencies and the company has become the largest digital currency exchange in the United States.
The presentation of the company is due to an increase in the price of bitcoin. On Thursday, the largest cryptocurrency garnered more than 12% to top $ 23,000 for the first time, according to cryptocurrency market data provider Coin Metrics. The move came just one day after the cryptocurrency first surpassed $ 20,000.
With Thursday’s jump, bitcoin is now up more than 200% during the year. Bitcoin has caught a lot of investors ’attention lately, and Paul Tudor Jones and Stanley Druckenmiller are some of those who have spoken out in favor of cryptocurrency. Large financial companies like PayPal and Fidelity have also made moves in the space.
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