Bitcoin hits 3-year peak, nears record high. Will wiki make a comeback?

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Digital currency bitcoin hit its highest levels in more than three years on Thursday and came within $3 of an all-time peak, on speculation that the first bitcoin exchange-traded fund (ETF) is set to receive approval from the U.S. financial regulator. Traditional financial players have largely shunned the web-based "cryptocurrency", viewing it as too volatile, complicated and risky, and doubting its inherent value. Having already risen about 17 percent this year, it added 3 percent more on the day to hit $1,160 per bitcoin on Europe's Bitstamp exchange, just shy of an all-time high of $1,163 reached in November 2013 BTC=BTSP.

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