The state of virtual  currency wallets is led by the explosive growth of bitcoin, coinbase, multibit and blockchain

Bitcoin Has Climbed Back To $1,000 | Business Insider India: “The price of one Bitcoin briefly broke back through $1,000 on the Mt. Gox exchange today.first time since mid-December it has done so.

For the uninitiated “Bitcoin is an experimental, decentralized digital currency that enables instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network.

Bitcoins are sent easily through the Internet, without needing to trust any third party. Some of the advantages are that the 

Transactions  are  irreversible by design Funds received are available for spending within minutes.
Cost very little, especially compared to other payment networks.:

Despite new severe restrictions in China, Bitcoin has benefitted from several recent high-profile endorsements. Fortress Investment Group announced it was starting a Bitcoin fund, and a U.S. Congressman is looking to accept Bitcoin in his Senate race. And financial services firm Wedbush recently identified publicly traded companies that stand to gain from the rise of “