Tag: Nasdaq

According to an article published by Reuters, on December 4, 2018, VC arms of Nasdaq and Fidelity Investments have funded a new cryptocurrency exchange named ErisX. The startup successfully raised a total of $27.5 million during its Series B funding round. Giants Throw Their Weight behind ErisX Per sources close to the matter, ErisX will provide users the opportunity to…

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Nasdaq will list Bitcoin futures from early 2019, confirmed Express UK on December 3, 2018. The premier cryptocurrency is set to find its way through the robust New York-based exchange markets after obtaining clearance from the Commodity Futures Trading Commission (CFTC). Could Nasdaq’s BTC Futures Kick-start Another Bull Run? In January 2018, Nasdaq chief executive Adena Friedman went on record…

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Microsoft recently partnered with Nasdaq to integrate the Microsoft Azure Blockchain into Nasdaq’s Financial Framework, a  technology software that provides end-to-end infrastructure for financial providers. According to Microsoft Azure’s blog post published on October 30, 2018, the blockchain system will make it easier for traders, exchanges, and clearing houses on Nasdaq’s Financial Framework to interact and work together. Blockchain: A…

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American stock exchange Nasdaq held a closed-door meeting in late July 2018 with the focus to encourage the crypto industry to try to improve its reputation and prove its potential role in global markets. The Topics of the Meeting Nasdaq is looking at incorporating cryptocurrency in its operations (Source: Business First Family) Nasdaq held the meeting in Chicago earlier in…

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Since entering into a bear run in January 2018, crypto stocks have suffered, leading some investors to dump them, but bitcoin’s unexpected recovery in July 2018 is giving the asset class a much-needed second wind. Even though crypto is nowhere near the celebrated highs of 2017 and early 2018, there is now a palpable sense of relief and optimism in…

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Bitcoin price movement and volatility might well be a reliable indicator of how the overall market is likely to behave during regular trading hours. According to Brian Stutland, of Equity Armor Investments, the largest cryptocurrency is somehow becoming the next Volatility Index or VIX, for determining the credit risk in the banking industry. Bitcoin vs. CBOE VIX Professionals have long…

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Riot is a Colorado-based blockchain tech company that recently came public with its 2017 financial report. In fact, the company revealed that from now on it will turn its financial results reports public. Riot is a Nasdaq-listed firm that has invested a lot in mining. The company reported to have 3,500 Bitmain S9 miners stationed at a mining center in…

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A major criticism of the cryptocurrency market is its infamous volatility; allegedly due to ‘whales’ and computerized trading bots. Taking a strong step in this regard is Gemini Exchange, which announced a security partnership with NASDAQ, the world’s second-largest stock exchange, to protect against the fraudulent market behavior Announced publicly on April 25, Nasdaq would provide Gemini with a surveillance…

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The second-largest stock exchange in the world has gone on record saying that it wants to launch bitcoin futures and is currently assessing how it can make its product different from the digital currency futures offered by rival Cboe and CME. Tentative ETF on the Horizon In her recent conversation with the CNBC, Adena Friedman, the chief executive of Nasdaq,…

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Bitcoin’s underlying distributed ledger technology, the blockchain, has many possible applications and is currently being trialed and implemented in a range of different industries. One of the most cited industries in which the blockchain is causing disruption is in the financial industry. From reducing administrative and operational costs to processing cross-border payments and the settlement of securities, the blockchain is…

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