Bloomberg adds Bitcoin prices to financial data terminals

Move over gold, silver, oil, and the U.S. dollar. Okay, not quite.

In any case, Bitcoin received a significant boost to its visibility in the financial world today (April 30), with the listing of pricing for the cryptocurrency on Bloomberg's popular data terminals.

According to a Bloomberg blog post, 320,000 subscribers can now view and track the price of Bitcoin on Coinbase and Kraken.

Tod Van Name, global head of fixed income, currencies, and commodities at Bloomberg, wrote:

It’s worth noting that we are not endorsing or guaranteeing bitcoin, and investors cannot trade bitcoin or other digital currencies on Bloomberg. Global interest in digital currencies has undoubtedly increased, but these instruments still represent a fraction of fiat currency usage. Reaction from governments around the world to digital currencies has been mixed and the regulatory environment remains very unclear. And while bitcoin has thus far survived intense media scrutiny, scandal and wild price swings, there certainly is no guarantee that bitcoin will persevere.

At time of writing, one bitcoin was valued at US$443.57 on the CoinDesk Bitcoin Price Index.

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