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n As Bitcoin reaches for $11,000 a second time, Bank of France calls time on its identity as a cryptocurrency.n

n Among currencies in circulation, Bitcoin ranks as the sixth highest, above the Pound, Ruble, and Won.n

As Bitcoin and other cryptocurrencies continue to rise in both value and popularity, national governments are starting to scrutinize them more.

The post Bitcoins Journey from $1,000 to $10,000 The Stories That Got Us Here appeared first on Bitcoin Magazine.

n Vice Chairman of Supervision for the Federal Reserve, Randal K. Quarles, made it clear that the Federal Reserves position on cryptocurrencies is one of extreme caution, but suggests that banks may be the best solution for digital payments.n

n According to the Press Secretary, the Presidents staff is now monitoring cryptocurrencies, though no specific statement has yet been made.n

n Another billionaire who doesnt understand Bitcoin has come forward today, calling the cryptocurrency a bubble.n

n Bitcoin and other cryptocurrencies stand on the precipice.n

n What is the Bitcoins Achilles heel.n