Many people associate cryptocurrencies with profiteering and speculation.
Bitcoin was the first decentralized virtual currency without a regulatory or administrative system or a central bank.
Bitcoin prices reportedly reached a high of $11,000 but dropped back to approximately $10,800 shortly thereafter, which is still a remarkable growth.
This was reported by Scam Alert alongside Whale Alert via its new 'crime reporting, tracking and analysis' platform.
Even renowned hedge fund manager Paul Tudor Jones believes a bullish turnout is in the making for Bitcoin.
Big Blue is part of the team that will help develop a blockchain network to trace prescription drugs.
It's hard to imagine what the future of cryptocurrency will look like in a year's time but the sector is professionalizing quickly.
We have to treat blockchain as a precious commodity so we don't damage it before it can show its value.
Increasing currency volatility rings alarm bells and calls existing monetary system into question.