“Bitcoin has surged past the US$50,000 mark amid widespread optimism that the world’s biggest cryptocurrency will continue to rise. As stock markets in the U.S. and China were closed for public holidays all eyes have been on the king of crypto. Bitcoin’s ascent into mainstream consciousness shows no signs of abating as its properties as digital gold and a base layer in an emerging financial system garner ever closer interest and scrutiny.” said Paolo Ardoino, CTO at Bitfinex.