Bloomberg LP has announced it will include Bitcoin prices on its financial data terminals. The decision is big news for the world’s most famous cryptocurrency and it has already sparked the interest of several American trading platforms, according to The Wall Street Journal.
“Bitcoin may be the biggest technology innovation since the Internet or a fad whose crash will be as precipitous as its meteoric rise. Regardless of your position, virtual currencies have become increasingly interesting to investors and financial market participants around the world. That’s why we are pleased to announce today that Bloomberg is providing Bitcoin pricing to our 320,000+ global subscribers”, the company said in a statement released this Wednesday (30th).
The business and financial professionals using the Bloomberg Professional service only need to type ‘VCCY<GO>’ on the system and they will be able to monitor and chart data from Bitcoin exchanges Coinbase and Kraken. Bloomberg’s service will also provide access to cryptocurrency-related news and social media posts ”from more than 100,000 sources”.
Although Bloomberg recognizes digital money is still the core of a “controversial market”, it also points out three reasons that explain the decision: transparency, client demand and innovation.
According to the company, the “clients are increasingly interested in Bitcoin and other digital currencies and are looking for tools to better monitor developments in these markets”.
Image from Wikimedia
The BlueCoin Phenomenon
BlueCoin is very serious about their chosen theme. Taking cue from the cultural antics of the Dogecoin community, the founders of BlueCoin have been trying to give it something of a personality. They announced an official BlueCoin afterparty to ...read more
Ripple Labs CTO Designs Smart Contracts
Stefan Thomas is one of the more talented and respected developers in the space. An old hat at this young technology, he has been making waves as the CTO of Ripple labs. In a recent effort he has set ...read more
American court stops Mt. Gox from auctioning Bitcoin domain
A United States court issued a temporary order to forbid the sale of the domain Bitcoins.com, which is still owned by the CEO of the defunct cryptocurrency exchange Mt. Gox. Mark Karpeles announced the auctioning of the domain two weeks ago. The injuction ...read more
New York-based Coinsetter evolves to “full US Bitcoin exchange”
Following the recent presentation of the first BitLicense draft, the Bitcoin-related set of rules that will regulate the crypto-economy in New York, the local exchange Coinsetter announced its evolution from beta stage to “full US Bitcoin exchange”. “Today, we’re pleased ...read more
Building a Bitcoin Economy: How to Close the Loop
This guide is a continuation of a previous article at http://bitcoinmagazine.com/13104/building-bitcoin-economy-stimulate-adoption/ If you or someone in the area has been preaching crypto for a while, you probably have a few nearby businesses accepting Bitcoin by now. This is an important first ...read more
#OffTheCouch: Award-winning Film Could Bring Bitcoin to 1,000 High Schools
The Corporation Film’s Crypto Challenge from Hello Cool World on Vimeo. For its 10th year anniversary, “The Corporation” is raising money for a re-release shown to 1,000 schools across North America. Their original fiat campaign closed at $30,000, and they’re ...read more