What’s In A Namecoin? Bitcoin Alternatives See Boosts

The price of bitcoin has swelled in recent days, surpassing $1,000 a coin ahead of the holiday weekend, The New York Times reported on November 27.

Following Bitcoin’s rise, other virtual currencies like Litecoin, Namecoin and Megacoin have all seen significant price jumps around the holiday, though this was followed by a decline. One litecoin is currently trading for around $30 on alternative currency trading platform BTC-e. Namecoin trades for roughly $7.5 dollars.

To learn more about recent developments in the Bitcoin market, read the full story here.

“What’s Hot” is aggregated content. PYMNTS.com claims no responsibility for the accuracy of the content published by the original source.