Bitcoin is overcoming its “credibility hump”and could see a fivefold increase in value by 2023 as professional investors with trillions of dollars to deploy enter the market. Telegraph Money reports. One British fund group with tens of billions of pounds under management said it was considering adding bitcoin to one of its prominent funds. The investment firm’s research showed bitcoin could trade at $40,000 to $50,000 within two years as a best-case scenario. One bitcoin cost $11,550 at the time of publication. The fund could end up putting up to 30% of its gold investments into bitcoin for 18 months to profit from a ... (full story)