Tag: Nasdaq

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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The Korea Exchange (KRX) is working in collaboration with the Financial Services Commission (FSC) on the design and development of the KPM platform, a Korean version of the NASDAQ Private Market, which will be using blockchain technology and mobile applications to allow users to trade unlisted securities. The platform, which is expected to be launched in September, will be focusing…

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Barry Silbert-led Digital Currency Group’s Bitcoin Investment Trust has attracted mainstream investors in established American stock exchanges such as the Nasdaq since mid-2015, boasting substantially and rapidly increasing share prices and trading volumes. This time, traditional investment vehicle operator XBT Provider has begun to dominate the European market with their Bitcoin exchange traded nodes (ETN) Bitcoin Tracker One and Bitcoin Tracker Euro….

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Nasdaq, using its Blockchain-inspired Linq technology, conducted its first private securities transaction for Chain Inc., substantially reducing settlement times. Also, by eliminating the need for paper certificates and manual ownership transfers, Nasdaq’s practise run demonstrated that the blockchain is an important innovation that can reduce both costs and risk in the financial industry. By reducing administration costs, it could save…

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Nasdaq, the pioneer of electronic stock markets and home to over 3,600 companies for a market value of $8.8 trillion, has announced the first clients for Nasdaq Linq. First introduced in May, Nasdaq Linq will be the first platform of its kind, a “digital ledger technology that leverages a blockchain to facilitate the issuance, cataloging and recording of transfers of…

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