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Online travel site Expedia's (Nasdaq: EXPE) announcement yesterday (Wednesday) that it had started accepting Bitcoin for hotel payments is a significant piece of Bitcoin news, as shows an increasing willingness among big-name merchants to adopt the cryptocurrency.
The Expedia announcement follows that of DISH Network Corp. (Nasdaq: DISH) two weeks ago that it would let its customers pay in Bitcoin, and that of Overstock.com in January.
Dow Jones today, June 12, 2014: The Dow Jones Industrial Average slipped more than 100 points on Wednesday after the World Bank slashed its global growth forecast from 3.2% to 2.8%. This morning, U.S. stock index futures are flat ahead of data on the labor market and retail sales.