Bitcoin News 24 January 2017

Bitcoin today – the Bitcoin price is hovering around the $916 mark now after movement over the weekend after the President Donald J Trump inauguration on Friday 20 January 2016.

Headlines in the news – Markets Update: Upward Trends As All Eye Trump and China; Decline in Empty Blocks Has Increased Bitcoin’s Transaction Capacity; ICOs Are the Future Of Funding Says Co-Founder of Platform That Just Raised €2 Mln; Grayscale to Launch Ethereum Classic Trust, Modeled After Bitcoin Investment Trust; BBVA Report Cites 7 Regulatory Challenges Facing Blockchain Technology; Zero-fee bitcoin trading ends in China, begins in the UK and $60 Bln Alipay to Adopt Blockchain Looking to Serve 2 Billion Users.

Bitcoin Investment Trust (BIT) applied to be listed on NYSE Arca, according to a registration statement filed Friday with the U.S Securities and Exchange Commission (SEC). This is the second proposed Bitcoin investment trust listing on the exchange, the first being SolidX.

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