DETAILS: #Bitcoin marking growth of some 4000% this year, passes $1000 today
Bitcoin value passes $1,000 for first time ever Published time: November 27, 2013 15:09 Edited time: November 27, 2013 16:13 Get short URL Reuters / Jim Urquhart Tags Currencies , Economy , Information Technology , SciTech Bitcoin, the digital ‘crypto-currency’ has passed the $1,000 mark for the first time in history, marking a growth of some 4,000% since the beginning of the year. The milestone was recorded by Tokyo-based Mt Gox bitcoin exchange on Wednesday. The unregulated virtual currency's popularity has been soaring in recent weeks, having doubled in just the past seven days. In just one day, November 18, the price leaped from $478 in the morning to $744 at midnight (GMT). This was the same day that US Senate Homeland Security & Governmental Affairs Committee held the currency's first Congressional hearing entitled “Beyond Silk Road: Potential Risks, Threats and Prom...