News Column

Bitcoin Back Over $1,000

January 6, 2014

Asian News International

bitcoin
Bitcoin saw a surge as major companies announced they would begin accepting the virtual currency (file photo)

Washington, Jan. 6 (ANI): The price of bitcoin reached 1,000 dollars for the first time since mid-December.

The jump comes on Mt. Gox, the second-largest exchange by volume, following multiple announcements of major businesses accepting the currency.

According to Mashable, Zynga announced that it is working with BitPay, a bitcoin-payment processor, to test accepting the digital currency as payment in certain online games.

Last month, the CEO of Overstock.com, a popular discount-shopping website, revealed plans to accept bitcoin in the first half of 2014.

Bitcoin first topped 1,000 dollars in late November 2013, but fell below that mark after news that China's central bank planned to crack down on the currency, the report added. (ANI)

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Original headline: Bitcoin price back above $1,000 as major businesses embrace currency


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