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Bitcoin soars then falls back; banks raise risk concerns ...

The price of bitcoin swung wildly Thursday, rising to more than $19,000 only to fall sharply within minutes, as both the euphoria and anxiety surrounding the virtual currency escalated just days before trading in bitcoin futures begins on a major U.S. exchange.

The concerns about its volatility have led some Wall Street banks and trade groups to raise concerns about the potential implications of...

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Bitcoin futures rise as virtual currency hits major ...

The first-ever bitcoin future jumped after it began trading Sunday as the increasingly popular virtual currency made its debut on a major U.S. exchange.

The futures contract that expires in January surged more than $3,000 to $18,010 four hours after trading launched on the Chicago Board Options Exchange. The contract opened at $15,000, according to data from the CBOE.

The CBOE futures don't...

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Related topics : bitcoin currency of the future / bitcoin price exchange / bitcoin trading price / virtual currency exchange bitcoin / will bitcoin be the one world currency

BSP approves registration of 2 bitcoin exchange operators ...

The Bangko Sentral ng Pilipinas has approved the registration of two companies to engage in the operation of bitcoin exchanges as part of efforts to regulate the fast growing but potentially risky virtual currency industry.

BSP Governor Nestor Espenilla Jr. said during the FinTech Thought Leadership Roundtable Series presented by FINTQ, the central bank has given the two companies the green light...

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Date: 2017-12-30 08:41:55

Related topics : virtual currency exchange bitcoin / virtual currency exchange business / virtual currency exchange / virtual currency and the financial system the case of bitcoin / bitcoin digital currency exchange