Archive | markets

Bitcoin Less Volatile Than Other Major Cryptocurrencies

A study conducted by Max Gulker from the American Institute for Economic Research (AIER) has concluded that Bitcoin has less market volatility than other major cryptocurrencies. Every single year since 2013, the Bitcoin market has experienced lower volatility than Ripple, Litecoin, Ethereum, and Bitcoin Cash according to data from CoinMarketCap.com. The study calculates the absolute value […]

Nasdaq Develops Blockchain Tech for Rapid Collateral Delivery for Margin Calls

Nasdaq has developed a distributed ledger blockchain system that optimizes the use of securities as collateral for margin calls. A network is built between collateral givers, collateral takers, and intermediaries, and the system rapidly transfers collateral to central counterparties (CCP) round the clock. The CEO of Nasdaq Clearing, Julia Haglind, said, “As both a leading […]

Horizons Blockchain ETF Launching on Toronto Stock Exchange

The Horizons Blockchain Technology and Hardware Index exchange traded fund (ETF) will be launching on the Toronto Stock Exchange on 21 June 2018 under the ticker symbol BKCH. The co-CEO of Horizons ETF’s Management Canada Inc, Steve Hawkins, says this ETF will be different from others since it will focus on the hardware and services infrastructure […]

Goldman Sachs Considering Crypto Trading Services

The chief operating officer of Goldman Sachs, David Solomon, said clients are asking to trade cryptocurrency so the firm is holding discussions to consider that possibility. He says Goldman Sachs must “evolve its business and adapt to the environment”. Goldman Sachs is a multinational investment bank headquartered in New York City that offers asset and investment […]

CBOE President Says ICO “Reckoning” Due

The president of the Chicago Board Options Exchange (CBOE), Chris Concannon, says coming Securities and Exchange Commission (SEC) regulations for initial coin offerings (ICOs) will have catastrophic effects for investors and the market. He says “the reckoning will come in two waves” and “it should be keeping investors up at night”. CBOE is the largest […]