Sentences with phrase «trade of bitcoin as»

Virtually every cryptocurrency exchange offers the purchase and trade of Bitcoin as standard.

Not exact matches

On its website, Verge is described as a cryptocurrency which «improves upon the Bitcoin blockchain» and uses open - source software like Tor and I2P — both of which have been used in connection to the former trading site for illicit goods, the Silk Road.

The cryptocurrency traded 3.9 percent lower around $ 8,880 as of 8:49 a.m. ET, according to CoinDesk's bitcoin price index.

Interactive Brokers said in a release Monday that as of 9:15 a.m., bitcoin futures trading in its accounts represented about half of Cboe's recorded volume.

GBTC bills itself as the first publicly traded security «solely invested in and deriving value from the price of bitcoin,» according to trust creator Grayscale.

The Singapore dollar makes up 0.02 percent of daily global bitcoin trading volume but the country has emerged as a hub for ICOs.

Goldman Sachs Group Inc. is setting up a trading desk to make markets in digital currencies such as bitcoin, according to people with knowledge of the strategy.

Goldman Sachs is planning to get into the business of trading digital currencies such as bitcoin, Bloomberg News reported Thursday, citing sources familiar with the matter.

Derivatives trading is the culmination of a wild year for bitcoin, which captured imaginations and investment around the world, propelled by its stratospheric gains, and its anti-establishment mission as a currency without the backing of a government or a central bank, and a payment system without a reliance on banks.

Revolut launched cryptocurrency trading through its app at the end of 2017 and Storonsky said the company saw an uptick in activity but it has since trailed off as the price of bitcoin has fallen.

The trade - off strikes «more of a middle ground,» as Camp puts it, between decentralization (like Bitcoin) and centralization (Visa).

Goldman Sachs has also been ahead of the curve in addressing bitcoin as an investment in comparison to other trading giants.

(Bitcoin traded as low as $ 200 in early 2015, while the newer Ethereum was just $ 8 at the start of this year.)

Even as China shutters Bitcoin exchanges and the U.S. Securities and Exchange Commission signals heavier scrutiny of initial coin offerings, clients of trading giant Goldman Sachs are still trying to get in on the cryptocurrency trade.

That drew the ire of Bitcoin's diehard fanbase — one J.P. Morgan alum went as far as to tell Dimon to «STFU about trading $ BTC.»

The fund's green light for cryptocurrency trading comes after the price of Bitcoin, which has served as a bellwether to other cryptocurrencies, has tumbled in 2018.

The end has officially come for the former Bitcoin trading heavyweight, as it files for Chapter 11 in Tokyo and admits to losing nearly half a billion U.S. dollars worth of the virtual currency.

Bitcoin was trading more than 2.7 percent higher near $ 8,500 as of 4:10 p.m. ET.

Dozens of funds have sprouted up this year to trade digital assets such as bitcoin, and some big - name money managers like Bill Miller and Michael Novogratz have also taken an interest.

Known online as «pirateat40,» Shavers allegedly gained control of as much as 7 percent of the bitcoin market by promising investors up to 7 percent weekly interest, or 3,641 percent annualized, based on his ability to trade the currency.

This is a big reversal of fortune after a terrible week for the digital currency in which the CEO of J.P. Morgan (jpm) slammed bitcoin as «a fraud» and the Chinese government ordered cryptocurrency exchanges to cease trading.

Like other Wall Street banks, JPMorgan acts as an agent for buyers and sellers of Bitcoin XBT, an exchange - traded note designed to track the value of the crypto currency.

Now the company once valued at as much as $ 95 million in market value during the peak of Bitcoin fervor last December is trading 92 % lower on less regulated and less prestigious over-the-counter markets at a value of $ 7.4 million.

As of 4 p.m. Friday, Bitcoin was up about 7 % over a 24 - hour period, trading at as much as $ 6,06As of 4 p.m. Friday, Bitcoin was up about 7 % over a 24 - hour period, trading at as much as $ 6,06as much as $ 6,06as $ 6,060.

After remaining just a few dollars shy of the mark at other digital currency exchanges such as Coinbase, which is headquartered in San Francisco, Bitcoin officially crossed the milestone on all trading venues just as U.S. stock markets closed Friday.

So, the true «automation» of bitcoin functions that integrate with the economy as a whole may require a reconciliation with existing trading platforms.

A man holds a bitcoin medal as members of a bitcoin trading club hold a meeting in Tokyo on February 27, 2014.

As a result, a transaction such as trading bitcoin for another digital coin is taxable since it is considered a sale of property for cash, which is then used to buy the other cryptocurrencAs a result, a transaction such as trading bitcoin for another digital coin is taxable since it is considered a sale of property for cash, which is then used to buy the other cryptocurrencas trading bitcoin for another digital coin is taxable since it is considered a sale of property for cash, which is then used to buy the other cryptocurrency.

Bitcoin futures also fell 10.5 percent at the Cboe, trading at $ 15,010 as of 4:15 p.m. New York time.

The country has remained one of the epicenters of bitcoin and other cryptocurrency trading even as regulators around the region crack down.

Bitcoin, the largest cryptocurrency by market value, pared an advance of about 2 percent after Google's announcement, trading little changed at $ 9,099 as of 1:04 p.m. in Hong Kong.

Meanwhile, trading on margins, credit and futures of bitcoin as an underlying asset soared from $ 2 million in 2014 to $ 543 billion in 2017.

In order for bitcoin to be a real currency, Adeney claims, it must be three things: easy and frictionless for trading between people, widely accepted as a legal tender for all debts (both public and private) and stable in terms of value.

Bitcoin traded near $ 10,192 as of 4:28 p.m. on Coinbase, the leading U.S. marketplace for buying and selling major digital currencies.

The development of cryptocurrency trading so far has seen the emergence of a new industry with rapidly growing businesses such as exchanges like Coinbase and bitcoin «mining» companies like Bitmain.

And in crypto news, Genesis Trading is looking to stay open 24/7 as it rides a wave sweeping up traders in one corner of the bitcoin market.

Fraud and manipulation involving bitcoin traded in interstate commerce are appropriately within the purview of the CFTC, as is the regulation of commodity futures tied directly to bitcoin.

Big Money Movers As signs of life from Bitcoin begin to make waves in the broader cryptocurrency market, the amount of high - volume, off - exchange trades is starting to pick up.

The Chinese government has already shut down exchanges in China, but it was recently reported to be taking even further measures against new forms of online trading as well as Bitcoin mining operations in the country.

On January 30, Deputy Senate President Ike Ekweremadu told the legislative body that the committee would «investigate the viability of bitcoin as a form of investment» and «come up with recommendations on how to control its uses and trade.»

(That said, Goldman Sachs has owned a stake in a bitcoin trading desk since 2015 as part of a $ 50 million funding round in Circle Internet Financial.)

For example, at the time of writing, bitcoin is trading at $ 16,950 on Bithumb and $ 16,938 on Coinone, but CoinMarketCap reports the global price of bitcoin as $ 16,744.

The Nigerian Senate's Committee on Banking and Other Financial Institutions will examine bitcoin's suitability for investment and recommend measures to protect citizens from suffering financial losses as a result of trading the digital asset.

Goldman Sachs said it would offer limited access for certain customers, but according to Bloomberg, the bank has demanded that some of its clients set aside funds equal to the full value of their bitcoin futures trades as a condition for doing the transaction, meaning Goldman is still very nervous about the potential for big losses in Bitcoin fbitcoin futures trades as a condition for doing the transaction, meaning Goldman is still very nervous about the potential for big losses in Bitcoin fBitcoin futures.

As traditional exchanges announce bitcoin derivatives, the Commodity Futures Trading Commission shared an update about its oversight of cryptocurrency markets.

According to CoinMarketCap, as of publication, Ether's 24 - hour trading volume is $ 1.37 billion while bitcoin's is $ 1.34 billion.

The great bull run in the major cryptocurrencies continues, as all but two of the most valuable coins are up today, with Bitcoin and Litecoin trading...

For a brief time, China dominated bitcoin trading, at one point reportedly accounting for as much as 90 percent of volume.

Still, bitcoin sells for a 20 - 30 percent premium in South Korean compared to other places, and this has spurred offshore trading to take advantage of arbitrage opportunities as South Koreans buy bitcoin overseas and sell them back home.

Bitcoin is up and trading at $ 8,053 as of Friday, April 13.