Bitcoin jumps to record highs near $ 1500

The crypto currency or digital currency, Bitcoin, is on a roll higher so far this month, rising to record highs closer to $ 1500 mark.

Increased Japanese demand, after Japan adopted Bitcoin as legal form of payment, combined with recent regulatory restriction on the Chinese stock exchanges have bolstered Bitcoin prices of late.

As reported by Reuters, Bitcoin analysts said the price had also been boosted by a request by the BATS exchange that the U.S. Securities and Exchange Commission review its March decision not to approve a bitcoin-tracking ETF set up by the Winklevoss brothers.