Although bitcoin can be volatile when exchanges go down, that doesn't include devaluations commanded from a central authority.
Bitcoin prices were the highest observed since the resignation of Mt. Gox CEO from the Bitcoin Foundation on Monday.
The notoriously secretive exchange is gaining traction as a market leader following Mt. Gox's closure.
Analysis of key cryptocurrency trends, challenges, opportunities, and the outlook for Bitcoin in 2014.
Concerns about the future of Mt. Gox have reached a fever pitch, affecting bitcoin prices across the industry.
The price of bitcoin on Mt. Gox continued to decline as community confidence in the once-leading exchange dwindled.
The Winklevoss brothers have launched their own bitcoin price tracker for their forthcoming ETF.
A new report by Wedbush Securities suggests that even bitcoin's recent volatility is proof that its ecosystem is stabilizing.
Bitcoin prices on Mt. Gox fell below its December low of $455 on Thursday amid increasing industry uncertanty.
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