- Jan 24, 2011
- 9,378
- Content source
- http://www.bbc.co.uk/news/technology-25617931
The value of Bitcoin has topped $1,000 (£610) again after social gaming firm Zynga said it would start accepting the virtual currency as a payment option.
Zynga is perhaps the most significant video games firm to accept bitcoins to date.
The virtual currency has been gaining in popularity but its value has been highly volatile in recent weeks.
It peaked at $1,250 in November last year, but fell sharply in December after China restricted trade.
According to the South China Morning Post, the value of a single Bitcoin fell to as low as 2,560 yuan ($421, £258) in December, after China's move.
On Monday, a single Bitcoin was trading close to $1,030 on MTGox, one of the virtual currency's major exchanges.
Zynga follows Ouya, the Android-based video games console-maker, which began accepting payments for its hardware in bitcoins last month.
The Humble Bundle - an organisation selling a changing selection of indie games - also began accepting bitcoins in 2013.
Read more: http://www.bbc.co.uk/news/technology-25617931
Zynga is perhaps the most significant video games firm to accept bitcoins to date.
The virtual currency has been gaining in popularity but its value has been highly volatile in recent weeks.
It peaked at $1,250 in November last year, but fell sharply in December after China restricted trade.
According to the South China Morning Post, the value of a single Bitcoin fell to as low as 2,560 yuan ($421, £258) in December, after China's move.
On Monday, a single Bitcoin was trading close to $1,030 on MTGox, one of the virtual currency's major exchanges.
Zynga follows Ouya, the Android-based video games console-maker, which began accepting payments for its hardware in bitcoins last month.
The Humble Bundle - an organisation selling a changing selection of indie games - also began accepting bitcoins in 2013.
Read more: http://www.bbc.co.uk/news/technology-25617931
