Wednesday, November 27, 2013

Bitcoin $1000! Digital currency crosses threshold one day before Thanksgiving

On Nov. 27, just one day before America celebrates its annual Thanksgiving holiday, Bitcoin smashed through the $1000 USD barrier to have an inter-day value of $1020 USD.  This steady climb of more than $500 USD since its volatile shakedown one week ago, is continuing to validate the popularity and strength that a stateless digital currency provides.
Within the past two days, two major events took place for Bitcoin that are pushing the crypto-currency more and more into the mainstream of acceptance.  First, as the U.S. prepares for Black Friday and the holiday shopping frenzy, leading retailer Target issued a press release stating they will be accepting bitcoins for purchases of their products through the GYFT gift card platform.

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