Bitcoin keeps surging, makes another new high for 2015
TAGS: Bitcoin | Payments | Wall Street | Investing
Even as detractors to bitcoin point toward a
difficult-to-regulate culture that has popped up around the
cryptocurrency, there is a growing push from well-known investors
to advance the
payment technology.
2015 may be the year that bitcoin rebounded.
Bitcoin
value has been growing steadily over the last two
months.
BitcoinCharts.com
For investors who bought in during bitcoin's headiest days to
date, in early 2014, that's not enough of a rebound: before the
price of the digital currency plummeted in 2014, it reached more
than $1100 a bitcoin.
A
sign welcomes consumers paying in bitcoin.
Thomson Reuters
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In October, investors including MasterCard and Bain Capital
Ventures provided backing to
Barry Silbert's Digital Currency Group. Already, Silbert's
latest project has backed dozens of cryptocurrenty startups,
largely focusing on bitcoin deals.
Now, after bitcoin's big seven-week run, it is trading at around
$363 a coin.
BitcoinCharts.com tracks the daily price of the cryptocurrency,
and captures the last month's run-up in value. Monday morning
marked the biggest single day of gains for bitcoin, as it rose
about 10% in one day.
Bitcoin has been on a big run for much of the last two months,
gaining about 70% on private exchanges since hitting a
second-half low of $213 in late August.
Learn more:
Credit Card Industry and Market
Mobile Payment Technologies
Mobile Payments Industry
Mobile Payment Market, Trends and Adoption
Credit Card Processing Industry
List of Credit Card Processing Companies
List of Credit Card Processing Networks
List of Payment Gateway Providers
M-Commerce: Mobile Shopping Trends
E-Commerce Payment Technologies and Trends
The digital currency smashed through a new high for the year on
Monday morning, trading at nearly $370 and continuing
its impressive streak as of late.
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