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Bitcoin

Bitcoin is a cryptocurrency created in 2008. Bitcoin uses peer-to-peer technology to operate with no central control by any authority or any central bank. The bitcoin transactions and the issuing of new bitcoins is managed by the community network. Bitcoin is the biggest cryptocurrency by market capitalization and accounts for almost 60% of the total cryptocurrencies capitalization.

Bitcoin prices above $1,000

Bitcoin prices on the Mt. Gox exchange climbed back above $1,000 as online gaming company Zynga announced it had begun testing accepting payments in Bitcoin. The CEO of Overstock.com, a discount-shopping website, revealed plans to accept bitcoin in the first half of 2014. Bitcoin topped for the first time the ...

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Virgin Galactic Now Accepting Bitcoins for Space Travel

Sir Richard Branson announced that his commercial space flight venture Virgin Galactic will accept the currency for space flights. Branson said that one passenger, a female flight attendant from Hawaii, has already purchased a Virgin Galactic ticket using bitcoins and he expects “many more to follow in her footsteps.” Branson ...

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