Recently, with increasing interest in whether Bitcoin will become a safe digital asset such as gold, it has been evaluated that it is not yet a safe asset. Looking at where the price of BTC is standing right now (BTC/USD $8775, -0.74%), a beginner in this nascent industry finds it hard that the token has ever traded above the $20,000.
The cryptocurrency data service provider CoinMarketCap (CMC) has rolled out two benchmark crypto indices on Börse Stuttgart, Bloomberg Terminals, NASDAQ Global Index Data Service (GIDS) and Thomson Reuters Eikon.
The world’s second-biggest stock exchange, the Nasdaq, has integrated the long-awaited Ethereum and Bitcoin liquid indexes into its GIDS (Global Index Data Service), which offers data receivers either directly or via a third-party supplier, the chance to decrease network, administrative and data center costs by considering one data feed, instead of many.
Nasdaq Venture has expressed the biggest interest in cryptocurrencies yet by investing around $20 million. The firm Symbiont Inc. just received $20 million from a series B funding round. Nasdaq Ventures made the round and this seems to be it’s another massive move towards the virtual currency market yet.
Nasdaq Inc. is progressing with a plan of listing Bitcoin (BTC) futures, according to two people acquainted with the matter, betting on continuous interest despite crypto's dramatic fall over the past 12 months.
Ripple's token demonstrated a conspicuous resilience to the world stock market sell-off this week. The evidence is increasing that Ripple (XRP) has begun its fresh bull market with its amazing breakout of Thursday, September 20, 2018.
As Cryptocurrencies plummeted to new depths on September 12, the MVIS CryptoCompare Digital Assets 10 Index expanded its cave-in from the January 2018 high to 80 percent. The fall has now exceeded the Nasdaq Composite Index's 78 percent peak-to-trough tumble after the dot-com bubble burst in the year 2000.
Nasdaq, the globe's second-biggest stock exchange, is purportedly considering adding tools to its Analytics Hub which will aid users in forecasting the price trends of Cryptos. Introduced in 2017, Nasdaq's Analytics Hub applies Natural Language Processing (NLP) and machine learning to ascertain information on social media platforms.