Microsoft is making it easier to track the Bitcoin's
real-time value by adding the crypto-currency to its Bing search results.
Bing users can now compare Bitcoin's value to more than 50
currencies by typing a simple query into the search bar, such as "7
bitcoin to USD" or "Bitcoin to 100 euros," Microsoft announced Monday.
Currency conversion is provided through a partnership with Coinbase, a digital
wallet that supports Bitcoin trading.
The feature is currently available only to Bing users in
the US, Australia, India, and the UK, but Microsoft promises expansion to
additional markets in the coming weeks.
The feature should go a long way toward helping Bitcoin
users stay on top of the market for the historically volatile currency. Bitcoin
has been around since 2009 but didn't begin to attract serious investor
interest until last year.
After languishing in the midteens in January 2013,
Bitcoin's value against the US dollar experienced a price appreciation of 1,500
percent during the first quarter of 2013. Along with that meteoric rise, the
currency also has experienced dramatic plunges, sometimes whipping away 60
percent of its value in a matter of hours. After trading around $1,000 last
December, Bitcoin is currently worth about $580 on the Mt. Gox exchange.
Source: CNET
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