

The value of Bitcoin has passed the symbolic $500 mark for the first time in a month, suggesting that the cryptocurrency is stabilizing after a rollercoaster six months. Bitcoin hit an all-time high of $1,000 back in November of last year, but a lot has happened since then to change things. Mt. Gox, once the world’s top Bitcoin exchange, went bust and out of business, while China has carried out a series of crackdowns that have impacted exchanges in the country. Chart via Blockchain.info With the first generation of Bitcoin businesses like Mt. Gox less influential today, the hopes of ‘mass-marketizing’…
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