Posted On: 11/18/2013 10:12:45 PM
Post# of 102825
Bitcoin hits $750, up 107% in a week
Bitcoin touched a fresh all-time high on Monday as the digital currency continued to gain favor with investors. The virtual currency rose to $750 on Mt. Gox exchange Monday afternoon, up 42 percent from Sunday’s close and up 107 percent from a week earlier. Its latest gains come as the potential for regulation hangs over the market. The U.S. Senate Committee on Homeland Security and Governmental Affairs (HSGAC) began a hearing at 3.00 p.m. Washington time on Monday. The event brought representatives from different federal agencies and representatives from the bitcoin community to discuss virtual currencies. http://www.cnbc.com/id/101205416
Bitcoin touched a fresh all-time high on Monday as the digital currency continued to gain favor with investors. The virtual currency rose to $750 on Mt. Gox exchange Monday afternoon, up 42 percent from Sunday’s close and up 107 percent from a week earlier. Its latest gains come as the potential for regulation hangs over the market. The U.S. Senate Committee on Homeland Security and Governmental Affairs (HSGAC) began a hearing at 3.00 p.m. Washington time on Monday. The event brought representatives from different federal agencies and representatives from the bitcoin community to discuss virtual currencies. http://www.cnbc.com/id/101205416
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