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XBT Provider Fined by Nasdaq

The issuer of bitcoin exchange traded notes was found to be in several violations of Nasdaq’s listing rules and subsequently fined, the exchange announced on Thursday. However, XBT Provider argues that most of the violations occurred prior to its acquisition by Global Advisors. Also read: Bitcoin ETN Crosses $100 Million After Unprecedented Demand From Investors, Partners […]

Bitcoin Price Consolidates on ETF News

After falling $100 on Tuesday morning, bitcoin’s price continued its decline on Wednesday. The price, which peaked at $1,285 on Monday according to the exchange Bitstamp, dropped 1.5 percent the next morning. Within thirty minutes of this decrease, the digital currency had fallen to $1,160. The price then climbed to $1,229 before taking another downturn. […]