Bitcoin, the digital ‘crypto-currency’ has passed the $1,000 mark for the first time in history, marking a growth of some 4,000% since the beginning of the year. The milestone was recorded by Tokyo-based Mt Gox bitcoin exchange on Wednesday.
The unregulated virtual currency’s popularity has been soaring in recent weeks, having doubled in just the past seven days. In just one day, November 18, the price leaped from $478 in the morning to $744 at midnight (GMT). Continue reading “Bitcoin value passes $1,000 for first time ever”

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