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Bitcoin's wild ride; Wells names three directors

Dec 01, 2017 - American Banker

Receiving Wide Coverage ...Bitcoin madness: Two more Wall Street firms have succumbed to the bitcoin bug. Nasdaq said it plans to introducebitcoin futuresin the first half of 2018, while Cantor Fitzgerald said it is looking at launching bitcoin derivatives on an exchange it owns.

Ironically, the announcements came on one of the most volatile trading days for the digital currency ever. The price plunged 18% Wednesday afternoon to below $9,500 after blowing through both $10,000 and $11,000 f...