Bitcoin is now officially mainstream.According to BTC Geek, Bloomberg terminal users can now look up Bitcoin’s pricing history.Data comes from ubiquitous Bitcoin exchange service Mt.Gox as well as Tradehill.For now, only Bloomberg employees can access the ticker.But the feature should make its way to regular Bloomberg terminal customers under the label XBT.The ticker probably shows what a bitcoin is worth in U.S.So far, trading Bitcoins have remained a hobby activity as volatility is very important.It’s hard to predict price changes due to the lack of tools and the relatively low number of Bitcoin traders compared to currency traders.One of the most efficient tickers is Bitcoinity, but Bloomberg terminals could become the de facto standard for traders.The feature proves that investment banks are interested by the cryptocurrency.With the Bloomberg terminal, traders could easily compare Bitcoins with other currencies in order to short them.When it comes to shorting currencies, traders do it by investing their portfolio in another currency.

For example, they would sell USD to buy EUR, effectively creating a net short USD and a net long EUR position.bitcoin edward snowdenYet, traders still have to use Bitcoin exchange services like Mt.litecoin mining worth it 2013Gox or Tradehill for transactions.minerar litecoin pela cpuThey won’t be able to execute buy or sell orders from their Bloomberg terminals.litecoin opinionIt could be the last technical difficulty before investing some time and money in Bitcoins.bitcoin security forum gmail dumpAt first, the Bloomberg terminal remains a great tool to keep up with financial news.ethereum downloading blocks

It even includes Twitter feeds now.bang gia bitcoinEven if Bitcoin trading won’t become the main activity on Wall Street, the ticker creates another data point for information purposes.how to mine bitcoin on iosJust three days ago, a federal judge in Texas ruled that Bitcoin is a currency.ethereum short nameTransactions and institutions should therefore be regulated just like other financial institutions that deal with dollars.Similarly, back in May, Mt.Gox had to state that it provides money services in order to continue to operate in the U.S.While the original purpose of Bitcoin was that there was no central bank and regulation, Bloomberg confirms yet again the legitimation of Bitcoins with the new ticker.dollars will soon appear on the same screen, side by side.

Oops: Guard Your Bitcoin QR Code or Else Dec.23 (Bloomberg) -- Matt Miller reports on bitcoin security on Bloomberg Television's "Market Makers."Bloomberg has started providing bitcoin pricing to more than 320,000 subscribers via its Bloomberg Professional service.The service will allow users to monitor and chart data from Coinbase and Kraken.It will also track digital currency news and relevant social media posts from more than 100,000 sources.All users need to do to access the new service is type VCCY on the Bloomberg Professional service.Bloomberg was rumoured to be working on a bitcoin price ticker last August.At the time an inside source told BTCGeek that Bloomberg employees could access the new feature on their Bloomberg terminal and look up bitcoin pricing.The Wall Street Journal described Bloomberg’s decision to start providing bitcoin pricing as a “key stamp of approval” and the move will surely be welcomed by many in the bitcoin community.However, Bloomberg has pointed out that opinions on bitcoin are mixed: “Everyone from Warren Buffett and Marc Andreessen to the Winklevoss twins and the Internal Revenue Service has opined on the viability of the digital currency.

Depending on your vantage point, bitcoin may be the biggest technology innovation since the Internet or a fad whose crash will be as precipitous as its meteoric rise.” Although bitcoin has some notable detractors in the financial community, Bloomberg argued that it is simply impossible to ignore the digital currency due to high-levels of interest, adding: “It’s worth noting that we are not endorsing or guaranteeing bitcoin, and investors cannot trade bitcoin or other digital currencies on Bloomberg.” Bloomberg said its decision to start providing information about a controversial market like bitcoin was prompted by several reasons.The company believes it can offer better transparency and it can help foster innovation.“While bitcoin and other virtual currency markets are still nascent, they represent an interesting intersection of finance and technology.Given that Bloomberg sits squarely at that intersection, providing pricing for this underdeveloped market is a natural fit for us,” Bloomberg pointed out.

Lastly, Bloomberg said it is merely responding to client demand.Bloomberg clients are increasingly interested in bitcoin and other digital currencies, so they need tools to better monitor developments in these emerging markets.Bloomberg included a number of caveats in its announcement, saying that interest in global currencies is going up, but they still represent just a fraction of global fiat currency usage.The company also pointed out that reaction from governments has been mixed and the regulatory environment remains unclear.“While bitcoin has thus far survived intense media scrutiny, scandal and wild price swings, there certainly is no guarantee that bitcoin will persevere,” the company concluded.Bitcoin rose as much as 4.2 percent to an all-time intraday high of $1,961.70, marking its fifth-straight day of gains.The cryptocurrency has more than doubled its value since the beginning of the year amid global political uncertainty and increased interest in Asia.Skeptics have said that there may be a bubble in the making, as bitcoin has repeatedly broken records without showing signs of slowing.Watch Next: QuickTake: Bitcoin and the Blockchain LEARN MORE