Bitcoin Price Back Where It Was A Month Ago

The price of bitcoin, the world’s best-known cryptocurrency seems to have gone full circle in the last one month, with its value a little over $15,100 in the early hours of Tuesday. Exactly a month ago, on Dec. 10, bitcoin was priced at $15,037 at the close of trade for the day. Just given those numbers,… Please follow and like us:

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Merrill Lynch Bans Bitcoin Trading

Wealth management firm Merrill Lynch has blocked all of its clients and financial advisers who manage money for clients from trading Bitcoin over fears of instability relating to the cryptocurrency, the Wall Street Journal reported. The ban will keep the firm’s nearly 17,000 financial advisers from suggesting Bitcoin-related investments and advises against client requests to invest… Please follow and like us:

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How Bitcoin Futures Trading Could Burst The Cryptocurrency’s Bubble

A new wave was added to the never-ending Bitcoin mania when the Chicago Board of Exchange (CBOE) became the first major derivative exchange to launch Bitcoin futures on December 10. Such was the euphoria among early investors that trading was halted twice due to CBOE speed breakers, which slow or pause trading when price movements are… Please follow and like us:

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2017: The year the bitcoin craze reached Wall Street

Bitcoin burst out of the shadows in 2017, seducing Wall Street and individual investors alike even though many still struggle to understand precisely what it is. The cryptocurrency’s rise is also pushing regulators to consider taking action after years of simply urging caution. Bitcoin started the year at $1,000 per unit in January but by mid-December… Please follow and like us:

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JPMorgan Says Too Much MiFID II Transparency Might Hurt Market Liquidity

As MiFID II approaches – and the majority of bulge bracket research providers have decided to eat the cost of research rather than charge for it – the looming concern is market liquidity amid MiFID II transparency. Get The Full Ray Dalio Series in PDF Get the entire 10-part series on Ray Dalio in PDF. Save… Please follow and like us:

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Ever-volatile bitcoin is embraced by Wall Street

Bitcoin’s stratospheric rise this week follows the digital currency’s embrace by mainstream trading platforms and is seen by some in finance as normal growing pains often experienced by innovative technologies. After starting the year at around $1,000, bitcoin, which first appeared in 2008, on Wednesday surged as high as $11,434 before promptly falling 15 percent. Near… Please follow and like us:

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