10 Apr '13, 12am

Startup raises $500K to create Bitcoin trading platform

Startup raises $500K to create Bitcoin trading platform

Bitcoin's value against the dollar is up 1,500 percent since January (click to see larger image). (Credit: Bitcoincharts.com ) Bitcoin got a boost of confidence of sorts today from a group of investors interested in creating a trading platform for the virtual currency phenom. The decentralized peer-to-peer currency traded as high as $240 per Bitcoin today before closing at $233, up nearly $45 for the day, according to Mt. Gox, the world's largest Bitcoin exchange. Overall, Bitcoin has appreciated more than 1,500 percent since January, a meteoric rise that observers credit largely to financial uncertainty in Europe and nascent investor curiosity. Coinsetter is hoping to capitalize on that interest with the launch of a Forex trading platform that will allow investors to short the Bitcoin market by using borrowed assets for margin trades -- essentially betting that its value ...

Full article: http://news.cnet.com/8301-1023_3-57578773-93/startup-rais...

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Bitcoin

Bitcoin

businessinsider.com 10 Apr '13, 5pm

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Coinsetter

Coinsetter

techcrunch.com 09 Apr '13, 1pm

Today, Coinsetter , a New York City-based startup looking to launch a new Forex trading platform for Bitcoin, announced to...

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news.yahoo.com 10 Apr '13, 3am

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businessinsider.com 11 Apr '13, 3pm

We won't be bringing you any updates on the price of Bitcoin for the next 10 hours or so. That's because Mt. Gox, the worl...

Bitcoin

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businessinsider.com 10 Apr '13, 6pm

It's shaping up to be a pretty ugly day for Bitcoin. After soaring past $250 earlier , it's tumbled all the way down to cu...

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news.cnet.com 12 Apr '13, 5am

Less than two hours after resuming Bitcoin trades following a lengthy suspension, currency exchange Mt. Gox is offline, th...

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