For timely updates on price updates, follow me @sammantic Price at the time this article was written is: US$235.69 Last week the article began with: “The indicators continue to remain in neutral territory. This move still appears to have limited upside and appears to be topping out as volume and momentum have not followed the price higher and many of the indicators have flattened out. While there have been some improvements in price in the short term, nothing has changed as far as the long-term trend goes. The price broke through 240 only to come back down and now sits …

Stock exchange operator NASDAQ is experimenting with blockchain technology, Republican presidential candidate Rand Paul has named Overstock CEO Patrick Byrne as a member of his tech council, and more top stories for May 11. NASDAQ Tests Blockchain Technology Stock exchange operator NASDAQ is experimenting with blockchain technology to see if it could be used for the trading of shares of private companies. More precisely, NASDAQ is testing blockchain tech in NASDAQ Private Market, a marketplace that handles pre-IPO trading among private companies, and where transactions are currently largely handled with informal systems such as spreadsheets. NASDAQ Chief Executive Robert Greifeld …

Announcing the launch of a financial product called “Bitcoin Tracker One”, XBT Provider has created the world's first regulated Bitcoin exchange-traded note. Working with Stockholm based brokerage and investment bank Mangold Fondkommission, XBT Provider has received the approval of the Swedish financial supervisory body Finansinspektionen. This authorization means that the financial note “Bitcoin Tracker One” is allowed to be traded on the Stockholm Nasdaq Nordic. Speaking about the news, Alexander Marsh, CEO of XBT Provider explained how he hoped the move would allow more investors to feel they can safely speculate on Bitcoin. "We are proud to offer the world`s …

NASDAQ has agreed to provide the New York-based startup Noble Markets the core technology to power a marketplace for trading bitcoins, Russia’s Ministry of Finance is expected to take measures against the usage of monetary surrogates such as bitcoin, and more top stories for March 24. NASDAQ to Provide Trading Technology for Bitcoin Marketplace NASDAQ OMX Group Inc, which owns and operates the NASDAQ stock market, has agreed to provide the New York-based startup Noble Markets the core technology to power a marketplace for trading bitcoins and related digital-currency assets. Noble Markets will use NASDAQ's X-stream trading system, which is …