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04-30-2014, 05:50 PM
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Bloomberg's Terminal Will **w Track Bitcoins
   The dollar, the yen, the peso, the ruble and ... Bitcoin. The Bloomberg terminal, the financial services computer system that dominates Wall Street, is **w providing Bitcoin pricing to its subscribers. By typing VCCY, users Will be able to chart the virtual currency with data from the Coinbase and Kraken exchanges. See also: Everything You Need to K**w About Bitcoin in 2 Minutes VCCY on your Bloomberg #bitcoin pic.twitter.com/gCV6g0ZvfY Read more... Investors Will **t be able to trade in Bitcoins from the terminal, and the company **ted it was **t endorsing or guaranteeing the currency. "Regardless of your position, virtual currencies have become increasingly interesting to investors and financial market participants around the world," Tod Van Name, global head of fixed income, currencies and commodities at Bloomberg wrote in a statement. In addition to pricing, users Will also be able to access news and social media posts on virtual currency from more than 100,000 outlets. Bloomberg said client demand, a desire to provide transparency to the market and the company's efforts to stay up to date on modern financial in**vations spurred the move. "While Bitcoin and other virtual currency markets are still nascent, they represent an interesting intersection of finance and tech**logy. Given that Bloomberg sits squarely at that intersection, providing pricing for this underdeveloped market is a natural fit for us," Van Name added. BONUS: What Is Bitcoin and How Does It Work? Have something to add to this story? Share it in the comments. More about Bloomberg, Business, Media, Apps Software, and Bitcoin 
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