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Bitcoin prices climbed above $1,000 today, after falling to their lowest in more than two months.

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Is bitcoin a safe means to transact money? This question was originally answered on Quora by Mark Gould.

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If your core team can't work well together, your future success is being built on a very shaky foundation.

If your core team can't work well together, your future success is being built on a very shaky foundation.

Welcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours.

Barclays, the 300-year-old British financial institution, is doubling down on investment banking in the US.

"Our narrative needs to be: 'We are a top, fifth-ranked firm in the US' investment banking market — period,'" John Miller, who is head of Barclays' corporate and investment bank in the Americas, recently told Business Insider.

Elsewhere on Wall Street, hedge fund traders from a legendary desk at Goldman Sachs have lost billions of dollars. And the statue of the "Fearless Girl" will stare down the Wall Street bull for another year.

The GOP's Obamacare replacement plan got pulled from a vote in the House on Friday, putting markets on edge. Here's what you need to know:

• How "Trumpcare" went up in flames — and why it should worry the GOP about the future
• Wall Street already knows how to spin Trumpcare's ugly collapse — but it's missing the point
• There's a reason why it's "been decades since significant tax reform has passed"
• Here's the next hill Trump, Ryan and House Republicans could die on
• Here's who has the most to lose if the government starts negotiating drug prices

In markets news, one of Wall Street's favorite Trump trades is rewarding investors that bet against it. Hospital stocks are popping after the demise of "Trumpcare." Wall Street is getting one of its biggest calls of the year all wrong.

In economics, Treasury Secretary Mnuchin says AI taking US jobs is "50-100 more years" away — but it's already beginning to happen. And seeing how the highest and lowest-earners spend their money will make you think differently about "rich" vs "poor."

In deal news, Okta priced its IPO and hopes to hit a $2 billion valuation. And Elevate Credit, an online lender that focuses on riskier borrowers, is headed for an initial public offering.

And in tech, the No.1 investment bank advising Snap on its IPO is projecting massive growth for the company. The YouTube advertiser boycott will cost Google $750 million, according to one analyst. And a Bitcoin civil war is threatening to tear the digital currency in two — here's what you need to know

Lastly, take a look inside the exclusive New York gym where Hugh Jackman, Victoria's Secret models and Wall Streeters work out. 

Here are the top Wall Street headlines from the past 24 hours.

Saudi Arabia sweetens huge Aramco IPO with tax cut - Saudi Arabia's government has cut the income tax paid by national oil giant Saudi Aramco to smooth the company's initial public offer of shares next year, which is expected to be the world's largest equity sale.

Brexit is already hurting London's reputation as a financial centre - London has seen its standing as a financial center slip as Britain prepares to trigger its departure from the European Union, according to a survey released on Monday, although rival European cities still lag far behind.

Tesla is about to confront dueling best- and worst-case scenarios, and anything could happen - Tesla is preparing for its biggest year ever.

Whole Foods is facing its worst nightmare after an unexpected threat stole millions of customers - Whole Foods is losing millions of customers to what was once an unthinkable threat: Kroger.

This cocktail brought the "original American whiskey" back from the dead - Whiskey is experiencing a huge comeback in America.

The Trump era is ushering in a "more is more" design renaissance in America - The Trump aesthetic is far from subtle.

We got a peek inside a $20 million apartment in the latest skyscraper to dramatically alter Manhattan's skyline - Madison Square Park Tower is changing Manhattan's skyline. The 65-story glass skyscraper is the tallest in its Flatiron District neighborhood, and because of various zoning laws surrounding it, its fantastic views will never be obstructed.

SEE ALSO: The 27 most important finance books ever written

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The post Jeff Garzik’s Bloq Launches BloqLabs to Expand Support for Blockchain, Bitcoin Projects appeared first on CryptoCoinsNews.

Dubai-based bitcoin startup BitOasis is expanding its presence outside the UAE with a new announcement.

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The post (+) Daily Analysis: Stocks Continue Lower as Bitcoin Rebounds appeared first on CryptoCoinsNews.

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The post Investor Interest in Bitcoin Grows Despite Hardfork Debate and Falling Price appeared first on CryptoCoinsNews.

Don't know a hard fork from a soft fork? This guide is designed to help you follow bitcoin's raging technical debates.

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The post Bitcoin P2P Trading on LocalBitcoins Hits Global All-Time High appeared first on CryptoCoinsNews.

A bitcoin-based securities pilot developed by Japanese finance giant Mizuho is nearing completion and could soon see a public launch.

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The post Indian Exchange Zebpay: Bitcoin is Legal; Refues Local Ponzi Reports appeared first on CryptoCoinsNews.

Good morning! Here's what you need to know in markets on Monday.

1. BT has been hit with a record £42 million fine by the telecoms regulator Ofcom and has agreed to pay £300 million to its rivals over the use of a loophole that artificially reduced the amount it compensated companies including Vodafone when it failed to connect a line in time. The Financial Times reports that the scale of the fine and the refund to its rivals, which rely on BT’s networking division Openreach to connect lines, is unprecedented in UK telecoms.

2. Asian stocks started the week on a cautious note as President Donald Trump's stunning failure to get health care reform passed raised concerns about the prospects for his plans to use fiscal stimulus to boost economic growth. Japan's Nikkei is down 1.57% at the time of writing (6.22 a.m. GMT/1.22 a.m. ET), the Hong Kong Hang Seng is down 0.21%, but China's Shanghai Composite is up 0.09%.

3. easyJet will announce within weeks the location of a new European base as Britain's airline industry grapples with the potential consequences of a "hard Brexit." Sky News understands that the low-cost carrier's board has pencilled in an April decision on the location of a new air operator's certificate (AOC), which will allow it to continue flying between EU member states.

4. Investments giant Old Mutual is selling a $446 million (£358 million) stake in its asset management arm in the latest stage of its plan to split itself up into four independent companies. The Telegraph reports that the FTSE 100 finance firm is cutting its stake in OM Asset Management in half, losing its majority position by selling down from a 50.8% shareholding to 25.9%.

5. Tesco is in advanced talks about a deal with prosecutors that would involve it paying a huge fine over the 2014 financial reporting scandal that saw it exaggerate its profits by more than £300 million. Sky News has learnt that lawyers acting for Britain's biggest retailer are closing in on a deferred prosecution agreement (DPA) following months of discussions with the Serious Fraud Office (SFO).

6. Sir James Dyson, the billionaire investor, has played down concerns that a "hard Brexit" could harm the UK economy by claiming that World Trade Organisation tariffs have not prevented his technology company from achieving record financial results. The Guardian reports that sales at the vacuum cleaner manufacturer rose 45% year-on-year to £2.5 billion for 2016 while underlying profits rose 41% to £631 million.

7. Qatar said it will announce major new investments in the UK this week, deepening the countries’ trade ties as London prepares to quit the European Union. Bloomberg reports that the emirate’s prime minister, Sheikh Abdullah bin Nasser bin Khalifa Al-Thani, is leading a delegation of more than 400 officials and business executives to London and Birmingham to a two-day meeting with UK counterparts, according to government statements.

8. The fight against terrorism makes the encryption of messages on services such as Facebook-owned internet messaging service WhatsApp "completely unacceptable," according to Home Secretary Amber Rudd. She told BBC's Andrew Marr Show on Sunday that "there should be no place for terrorists to hide."

9. Westinghouse Electric, the US nuclear unit of Japan's Toshiba, could file for bankruptcy protection as early as Tuesday and is seeking support from South Korea's Korea Electric Power, the Nikkei said on Monday. A Chapter 11 filing could help Toshiba limit damage from losses at Westinghouse, the report by the Japanese business daily said, without citing sources for its information.

10. There's a civil war in the bitcoin community over the digital currency's future. Developers, miners, and other stakeholders are locked in a heated debate over how best to scale the network, with chances steadily rising of irreconcilable differences causing a so-called "hard fork" that would split Bitcoin in two.

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