Tag: Cryptocurrency

Cryptocurrency

Bitcoin Breaks the $10,000 Mark

The value of bitcoin (BTC) soared to over $10,000 today, a 900% increase in value from the start of the year.

Despite significant price dips in July, September and November, bitcoin has been on a consistent and stark upward trend since January, when it was valued at $1,000 per bitcoin.

“Bitcoin has sailed past a number of surprising milestones this year, with the $10,000-mark achieved today the most significant so far. With its rising valuation built on the bitcoin buzz more than real worth, it’s likely that we won’t see bitcoin decline in value until it’s more widely accepted,” says Dennis de Jong, managing director at UFX.com.

Cryptocurrency Firm Taps FX Expertise for Advisory Board

Cryptocurrency liquidity provider B2C2 has announced the appointment of Peter Nielsen, Ruth Wandhöfer and Phil Weisberg to its advisory board.
Nielsen was previously CEO of markets in the investment bank at RBS. Prior to RBS, he spent 10 years at Bank of America and Citibank in their FX businesses. Weisberg founded FXall and became global head of Thomson Reuters FX business when the company bought FXall – while Wandhöfer is a regulatory and fintech expert. Managing director and global head of regulatory and market strategy at Citi.