$24 million iced tea company says it’s pivoting to the blockchain, and its stock jumps more than 200%

Farmingdale, New York-based beverage maker Long Island Iced Tea says it's changing its name to "Long Blockchain Corp." as it shifts its focus to investing in the technology behind bitcoin Shares soar 200 percent, although the company says it's only in the "preliminary stages" of evaluating potential business opportunities in blockchain The company said it's … Continue reading $24 million iced tea company says it’s pivoting to the blockchain, and its stock jumps more than 200%

TD Ameritrade to open trading on bitcoin futures

TD Ameritrade is planning to offer clients access to Cboe's bitcoin futures contract on Monday. The company is one of the top three retail brokerages, according to capital markets research and consulting firm Tabb. In order to be eligible to trade the futures, clients must have a minimum balance of $25,000, according to the brokerage. … Continue reading TD Ameritrade to open trading on bitcoin futures

Bitcoin price jumps $2,000 after Cboe futures launch

Bitcoin was seen trading at a spot price of $16,574.12 at 6:36 a.m. ET, according to data on industry website CoinDesk Bitcoin futures, meanwhile, were trading at $17,690, up more than 14 percent for the session   Bitcoin leapt a eye-watering $2,000 on Monday after investors flocked to Chicago's Cboe futures exchange to bet on … Continue reading Bitcoin price jumps $2,000 after Cboe futures launch

After bitcoin’s wild week, traders brace for futures launch

The newest way to bet on bitcoin, the cryptocurrency that has taken Wall Street by storm with its stratospheric price rise and wild daily gyrations, will arrive on Sunday when bitcoin futures start trading. The first bitcoin future trades are set to kick off at 6 p.m. EST on Cboe Global Markets Inc's Cboe Futures … Continue reading After bitcoin’s wild week, traders brace for futures launch

Bitcoin jumps above $8,700 to record high as largest US bitcoin exchange adds 100,000 users

Bitcoin climbs more than 6 percent to a record high of $8,725.13, according to CoinDesk. The largest bitcoin exchange in the U.S., Coinbase, added about 100,000 accounts around Thursday's Thanksgiving holiday, to a total of 13.1 million Friday, data shows. The gains come ahead of the expected launch of bitcoin futures in the second week … Continue reading Bitcoin jumps above $8,700 to record high as largest US bitcoin exchange adds 100,000 users