Bloomberg Terminals Now Track Bitcoin Data From itBit
Users of Bloomberg terminals can now track bitcoin pricing data from itBit, including USD, EUR and SGD trading pairs. Although still relatively young, the Singaporean exchange has expanded rapidly. At the end of last year, itBit received $3.2m in venture capital, bringing its current funding total to $5.5m. The Bloomberg Professional service has more than 320,000 subscribers and the decision will undoubtedly give the Asian exchange greater exposure worldwide. Targeting professionals. ItBit describes itself as a bitcoin exchange for professionals, with reliable deposits and withdrawals,....
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Bloomberg terminal showing bitcoin prices from Coinbase and Kraken. Bloomberg has started providing bitcoin pricing to more than 320,000 subscribers via its Bloomberg Professional service. The service will allow users to monitor and chart data from Coinbase and Kraken. It will also track digital currency news and relevant social media posts from more than 100,000 sources. All users need to do to access the new service is type VCCY on the Bloomberg Professional service. Bloomberg was rumoured to be working on a bitcoin price ticker last August. At the time an inside source told BTCGeek....
International media and information firm Thomson Reuters, the parent company of global financial news agency and financial market data provider Reuters, has added bitcoin pricing information to its Eikon trading software. Offering a mix of news, markets data and analytics, Thomson Reuters Eikon was launched as a competitor to Bloomberg terminals, the 320,000-subscriber strong tool that helps empower Wall Street and professional traders. Eikon will now display the price of bitcoin in USD as tracked by major Europe-based digital currency exchange Bitstamp. Thomson Reuters cited strong....
ItBit becomes the first US regulated exchange, but the EU might be about to harmonize digital currency law for 500 million people. On Thursday, May 7, Ben Lawsky tweeted out the now signed charter for ItBit, confirming its status as a registered trust business. This move allows ItBit to operate an online currency exchange between USD or other fiat currencies, and something like Bitcoin. Addressing the move in a press release on Thursday, Lawsky explained how he saw the chartering of ItBit as an important step in legitimizing and harnessing the potential of digital currencies for investors....
If a little over a year ago someone told you that Bloomberg would be displaying bitcoin prices on finance terminals, you probably wouldn't believe it. But it's happened. The financial news network announced Wednesday that they've added bitcoin prices to their assortment of financial utilities which many in the financial sector have come to rely on. Says the company (who acknowledges the widely varying opinions of bitcoin and digital currency): Regardless of your position, virtual currencies have become increasingly interesting to investors and financial market participants around the....
Singapore and New York based bitcoin exchange itBit has introduced its itBit Global OTC Agency Trading Desk, a service that specializes in facilitating over-the-counter (OTC) transactions. OTC transactions are bulk trades for bitcoin that are made outside of an exchange's regular order book. It is an often used form of trading when large amounts of bitcoin are involved, in order to prevent bitcoin's exchange rate from either slipping or rising due to one large volume buy or sell. Bobby Cho, Director of Trading at itBit, said: “Up until now, the OTC bitcoin trading market has been operating....