Bitcoin within the Headlines: Sex, ‘Dope’ and Greek Tragedy
The price of bitcoin once again emerged as the breakout tabloid star of this week’s news cycle after months in seclusion.
Spurred by way of a unexpected increase in trading task on sixteenth June, the news quickly correlated the rise to Greece’s increasingly feasible exit through the European Union (nicknamed the ‘Grexit’).
Though genuine proof to recommend bitcoin is now a tool for Greek citizens amidst financial doubt is scarce, the coverage nonetheless succeeded at overshadowing other developments in the market, both negative and positive.
A ‘Grexit’ price pump
To know Greece’s role in this week’s news cycle, one should look back into the 2013 Cypriot financial meltdown as well as its effect on drawing awareness of the then-unknown technology. Read more
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