Tag: Barclays

Barclays Surveys Its Customers on Cryptocurrency Trading Desk Plans

A lot of things are changing in the world of cryptocurrency. Banks are slowly making a complete 180-degree turn in regards to this new form of money. After many years of opposing Bitcoin and similar currencies, financial giants are now entering the cryptocurrency markets. Barclays is the latest institution to consider taking this surprising approach. Barclays Wants to Trade Cryptocurrencies It is always interesting to see how banks decide to venture into the world of …
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Bitcoin Price Watch: Currency Suffers Slight Fall to $8,000

Bitcoin’s price has suffered a slight blunder. After spiking to nearly $8,400 over the weekend, the coin fell during today’s early morning hours to $7,900, but has since rebounded to about $8,000 at press time. It’s good news to know that while bitcoin failed to develop stronger resistance during its Sunday high, the drop wasn’t any worse. Joining bitcoin with an exact-matching four percent drop in value is ether, which …
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Bitcoin Price Watch: Currency Settles at $6,800 After Drop to $6,700

Bitcoin is currently standing at $6,800. After a weekend rise to $7,000, the coin’s ascension was halted suddenly and fell back to the $6,700 mark. It has risen by over $100 since yesterday. The previous rise could be attributed to major financial players getting involved in the crypto space. After repeatedly calling bitcoin a “bubble” and “mere speculation,” wealthy hedge fund manager George Soros gave his company Soros Fund Management …
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Barclays Urges UK Regulators to Bring Bitcoin Into Play

Bitcoin and regulation are two topics which will never mix well. No one should be surprised by this news, as regulating decentralized technology is virtually impossible. Barclays bank is looking to change that trend by urging the UK government to undertake regulatory action against Bitcoin and related service providers. Barclays and FCA Are Optimistic About Bitcoin Over the past few years, there have been numerous attempts to regulate Bitcoin. So …
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