With Bitcoin reaching record heights this week, more and more established financial institutions are taking an interest in its undeniable, and lucrative, appeal.  However, mainstream banks are still hesitant. This week saw crypto enthusiasts enjoying the rollercoaster ride that is Bitcoin with the currency exceeding heights of $11,000, and dipping to lows of just under $9,500. Surging into the five-figure zone resulted in global headlines, and Bitcoin became the topic of conversation for both cynics
Read More
The post Should Banks Start Betting on Bitcoin? appeared first on Bitcoinist.com.
read whole article

Related Links

  1. Singapore Prime Minister: "Banks Must Take Advantage of Technologies like Bitcoin"
  2. Bitwage Founder: Bitcoin Inserts a Level of Trust Between Banks That Did Not Exist Before
  3. Yellen Reportedly Urges Central Banks to Study Blockchain, Bitcoin
  4. "Bitcoin means you need no longer be subject to bad banks or monetary policy. Get Bitcoin, opt out. Wait 10 years. Let's see who's right." | Balaji S. Srinivasan on Twitter
  5. Industry Report: Banks Trying to Beat Bitcoin
  6. Bitcoin + Post-Trade? Nivaura Exits Stealth to Help Banks Use Open Blockchains
  7. New BIP Would Enable Better Privacy, CrossBlockchain Exchange, TrustFree Betting, and More for Bitcoin - CoinJournal (blog)
  8. 'Game of Skill': US Markets Tech Provider Launches Bitcoin Betting Game
  9. European Director of Indiegogo Hinted the Company May Start Accepting Bitcoin
  10. From the Start of 2016, Bitcoin Is On A Roll In Africa