21 Mar '13, 6pm

Bitcoin Value Hits $70 and Keeps Climbing; Cyprus Bailout Connection Speculated: Bitcoin has seen a sudden and...

Bitcoin has seen a sudden and remarkable boost in value over the past few days that coincides with talks by cash-strapped Cyprus to raid their banking system in order to pay a $13 billion bailout tab—a reporter at BGR noticed that Spaniards became suddenly interested in a trio of iOS Bitcoin apps . Since the bailout fears two days ago and the resulting social unrest, Bitcoin has seen a meteoric rise from the already notably high $47 a week ago to exceed $70 today across most markets (peaking near $75 this morning on MtGox.) Fears revolved around a raid of domestic banks and personal savings accounts—an idea that the Cypriot government rejected —however, with savings accounts on the line and the expectation of further instability down the line undoubtedly has people more than a little spooked. In these sorts of troubled times money is often siphoned out of banks and put int...

Full article: http://siliconangle.com/blog/2013/03/21/bitcoin-value-hit...

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The euro is down — and Bitcoin, the peer-to-peer currency, is way up:

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theweek.com 22 Mar '13, 1am

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itnews.com.au 21 Mar '13, 9pm

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foxbusiness.com 22 Mar '13, 9pm

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foxbusiness.com 22 Mar '13, 9pm

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Cyprus Crisis Boosts Odd Currency - Bitcoins

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abcnews.go.com 23 Mar '13, 12pm

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30 Days - 60 Days - 180 Days - 1 Year - All Time Logarithmic Scale - 7 day average - Show data points

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Bitcoin , the world's first open source cryptographic currency , which has been on a tear since the beginning of this year...

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abcnews.go.com 23 Mar '13, 2pm

Currency markets are keeping close track of Cyprus' banking crisis and are braced for possible repercussions, but one curr...