Bitcoin has emerged as the most remunerative asset in 2016. Analysts are bullish on the asset class which has surpassed almost all others. Even gold, which was considered a safe avenue in times of crisis, has given up almost all the gain it has made during 2016.

In 2016, Bitcoin price has more than doubled and quoting around $875 (about 60,000), after touching a high of $916 last week. However, price movement in India was much sharper in the past three months. On Zebpay, one of the largest Indian bitcoin exchanges, in last three months, prices have increased from Rs 41,250 per unit to ...