top of page

Bitcoin Bounces Back Again


Who's next?

Bitcoin fans may recall some "LOL" responses from the cryptocurrency's critics back in December when China instituted restrictions that caused its value to plunge.

Well, for those who stuck it out, it has regained its value, thanks to a well-known mobile and social gaming company. Courtesy of AFP:

The virtual currency Bitcoin jumped back over $1,000 Monday after online gaming company Zynga began a test operation to accept Bitcoin in some of its games. Zynga said in a posting on Reddit over the weekend that it is now accepting in-game purchases in seven of its online games, including FarmVille 2, CityVille, and Hidden Shadows, through the Bitcoin processor BitPay. Zynga called the move a test "in reponse to Bitcoin's rise in popularity around the world."

Follow this story and more at Reason 24/7.

Spice up your blog or Website with Reason 24/7 news and Reason articles. You can get the widgets here. If you have a story that would be of interest to Reason's readers please let us know by emailing the 24/7 crew at 24_7@reason.com, or tweet us stories at @reason247.

Comments


NEWSLETTERS

Get Reason In Your Inbox.

Thanks for submitting!

Join the

LIBERTARIAN PARTY

We are funded entirely by Americans who want to help give liberty a voice. By joining the Libertarian Party as a dues-paying member, you are investing in this critical work.

Thanks for submitting!

ADDRESS

1444 Duke St.

Alexandria, VA 22314-3403

PHONE

(800) ELECT-US

(800) 353-2887

EMAIL

bottom of page