BitBeat: Bitcoin Surges Past $400 on Back of the New ‘Shining Star’

Blythe Masters, CEO of Digital Asset Holdings, speaking at a Bloomberg conference in October. She is one of the most visible proponents of blockchain technology.
Bloomberg News

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Bitcoin Latest Price: $413.20; up 15% (via CoinDesk)

Crossing Our Desk:

The price of bitcoin is surging, crossing back over the $400 mark for the first time since last November, amid a burst of trading activity and a surge in interest in the technology underlying the cryptocurrency.

Bitcoin crossed back over $400 on Tuesday (and well over it on most exchanges), up 15% over the past 24 hours and capping a run that has seen it nearly double since falling to $209 back in August. It’s been nearly a year since the price was at the $400 level, last November. Back then, it was on its way down, a drawn-out, year-long slide from

Read more ... source: TheBitcoinNews