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After months in seclusion, the price of bitcoin once again emerged as the breakout tabloid star of this week's news cycle.
Spurred by a sudden spike in trading activity on 16th June, the media quickly correlated the surge to Greece's increasingly possible exit from the European Union (nicknamed the 'Grexit').
Though real evidence to suggest bitcoin is becoming a tool for Greek citizens amidst monetary uncertainty is scarce, the coverage nonetheless succeeded at overshadowing other developments in the industry, both positive and negative.
Spurred by a sudden spike in trading activity on 16th June, the media quickly correlated the surge to Greece's increasingly possible exit from the European Union (nicknamed the 'Grexit').
Though real evidence to suggest bitcoin is becoming a tool for Greek citizens amidst monetary uncertainty is scarce, the coverage nonetheless succeeded at overshadowing other developments in the industry, both positive and negative.
Full story: http://www.coindesk.com/bitcoin-in-the-headlines-sex-dope-and-greek-tragedy/