Chicago

Cboe's bitcoin futures market goes live Sunday - but some of Wall Street's biggest banks are sitting it out

4 days ago   |   By

Larry French/AP
Bitcoin blew past $16,000 a coin Thursday, but Wall Street banks don't appear too eager to get in on the crypto-mania.
The Wall Street Journal found Bank of America Merrill Lynch and Citigroup won't provide their clients access to Cboe's bitcoin futures market.
Cboe, the options and derivatives exchange based in Chicago, is launching its market for bitcoin futures market Sunday.
Cboe Global Markets' bitcoin futures market will go live Sunday, but some Wall Street banks don't plan to get involved, according to a report by The Wall Street Journal .
The futures market, which...
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Cryptocurrency trading volumes are going bananas right now

Cryptocurrency trading volumes are going bananas right now

4 days ago   |   By

MI
Bitcoin soared to an all-time high of $16,623 per coin on Thursday, according to data from Markets Insider.
But pricing of bitcoin was all over the place, with some exchanges listing the coin thousands of dollars apart from each other.
At the same time, 24-hour trading volumes skyrocketed to an all-time high above $28 billion, according to CoinMarketCap.
Bitcoin , the scorching-hot cryptocurrency, had a wild morning Thursday, but it's not just its price that broke records.
Bitcoin was all over the place Thursday. It reached an all-time high above $19,500 on Coinbase's GDAX exchange...
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What you need to know on Wall Street today

What you need to know on Wall Street today

4 days ago   |   By

Coinbase Welcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours. Sign up here to get the best of Business Insider delivered direct to your inbox.
Bitcoin soared above $19,500 a coin on Coinbase's GDAX exchange around 11 a.m. ET Thursday, just three hours after it blew past $16,000.
The massive tear upwards seems to have put pressure on Coinbase's infrastructure, with the exchange saying on Twitter that users were experiencing issues logging into their accounts because of record traffic. Some users trying to log in were met with a message reading "AN...
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Almost every major cryptocurrency not named bitcoin is falling

Almost every major cryptocurrency not named bitcoin is falling

4 days ago   |   By

Wikipedia
Bitcoin has been taking traders on a wild, highly volatile ride on Thursday.
The cryptocurrency rocketed past $16,000 early Thursday, just hours after clearing $15,000 and about 12 hours after hitting $14,000. On some exchanges, bitcoin was trading above $19,000 on Thursday. Crypto exchange Coinbase showed a $3,000 per coin jump on Thursday before the site went down amid "record high traffic." It is now showing a price closer to $16,000. Data from Markets Insider show the price hitting an all-time high of $16,623,64 per coin .
As bitcoin price fluctuates wildly, other...
Read more ...

 

Almost every major cryptocurrency not named bitcoin is falling

Almost every major cryptocurrency not named bitcoin is falling

4 days ago   |   By

Wikipedia
Bitcoin has been taking traders on a wild, highly volatile ride on Thursday.
The cryptocurrency rocketed past $16,000 early Thursday, just hours after clearing $15,000 and about 12 hours after hitting $14,000. On some exchanges, bitcoin was trading above $19,000 on Thursday. Crypto exchange Coinbase showed a $3,000 per coin jump on Thursday before the site went down amid "record high traffic." It is now showing a price closer to $16,000. Data from Markets Insider show the price hitting an all-time high of $16,623,64 per coin .
As bitcoin price fluctuates wildly, other...
Read more ...

 

Bitcoin soars more than $3,000 in under 3 hours on Coinbase -and the site went down

Bitcoin soars more than $3,000 in under 3 hours on Coinbase -and the site went down

4 days ago   |   By

Coinbase
Bitcoin soared from $16,000 a coin on Coinbase's GDAX exchange to $19,500 in less than three hours Thursday.
Coinbase site appears to be down for some users.
Bitcoin was trading at $15,398 a coin at 11:59 a.m. ET, according to Markets Insider data.
Bitcoin soared above $19,500 a coin on Coinbase's GDAX exchange around 11 a.m. ET Thursday, just three hours after it blew past $16,000 on the site.
The massive tear upwards seems to have put pressure on Coinbase. The exchange's site was down at the time of print. The company said on twitter at 8:07 a.m. PT that users were experiencing...
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