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The anonymous digital currency Bitcoin could more than double in price to $5000, claims Standpoint Research.
Now the transaction method of choice for the online gambling sector with Bitcoin-only websites seemingly cropping up on a near weekly basis, the currency traded near $2,600 Wednesday, according to CoinDesk.
Standpoint Research founder Ronnie Moas told CNBC the digital currency could rise to $5,000 "in a few months."
He notes: “This is not something I could keep my hands off of.”
- Aaron Goldstein, Gambling911.com
