Tag Archives: CoinDesk

LedgerX Launches ‘Bitcoin Fear Index’ to Track Price Volatility

LedgerX Launches ‘Bitcoin Fear Index’ to Track Price Volatility

LedgerX thinks cryptocurrency traders should be able to assess bitcoin’s volatility. And, taking a leaf out of the stock market’s book, the derivatives trading platform has built an index to track this benchmark. The company announced Monday that it was launching the LedgerX Volatility Index (LXVX), which will track the expected volatility for bitcoin. The […]

US Bill Filed To Exempt Bitcoin From Securities Law

US Bill Filed To Exempt Bitcoin From Securities Law

In the US state of Colorado, two lawmakers have recently introduced legislation which looks to exempt cryptocurrencies like Bitcoin and Ethereum and other digital tokens from securities law. Late last week, the Republican Jack Tate and the Democrat Stephen Fenberg both filed a bill called the “Colorado Digital Token Act”. This act proposes that digital tokens with […]

Token Exchange to Enable Trading of Nasdaq-Listed Companies

Token Exchange to Enable Trading of Nasdaq-Listed Companies

A Nasdaq-powered crypto startup plans to let its clients indirectly purchase shares of major firms through a token-based platform. Estonia-based DX.Exchange announced Thursday that it would launch its trading platform on Jan. 7, allowing its clients to purchase crypto tokens representing shares in different tech firms listed on the Nasdaq exchange. Customers will be able […]

$182 Million: ICE Exchange’s Bitcoin Startup Bakkt Announces Massive Fundraise

$182 Million: ICE Exchange’s Bitcoin Startup Bakkt Announces Massive Fundraise

Bakkt has raised $182.5 million to build out its global digital assets platform and bitcoin futures product. The round, which is Bakkt’s first, included 12 partners, according to a Medium post by CEO Kelly Loeffler. The crypto startup is owned by Intercontinental Exchange (ICE), which is best known as the parent company of the New York Stock Exchange (NYSE). […]

This Brazilian Bank Is Using Ethereum to Issue a Stablecoin

This Brazilian Bank Is Using Ethereum to Issue a Stablecoin

A state-owned bank in Brazil is about to issue a crypto token designed to maintain parity with the national currency. Revealed exclusively to CoinDesk, the Brazilian National Social Development Bank will launch a pilot in January 2019 for the BNDES token, which runs on the ethereum blockchain and is backed 1-for-1 by Brazilian real. The […]

Fidelity Looking to Expand Digital Asset Trading Beyond Bitcoin and Ether

Fidelity Looking to Expand Digital Asset Trading Beyond Bitcoin and Ether

Fidelity Investments is looking to expand its institutional crypto asset platform to include trading services for the top five to seven cryptocurrencies by market capitalization. Revealed today at the Block FS conference in New York, the news came in response to a question from CoinDesk posed to Tom Jessop, head of Fidelity Digital Assets, on what […]

Crypto Job Interest ‘Still Strong’ Despite Decline, Says Indeed

Crypto Job Interest ‘Still Strong’ Despite Decline, Says Indeed

Interest from both employers and job seekers in blockchain and cryptocurrency-related jobs has declined in the past year, new data indicates. According to figures provided to CoinDesk from one of the largest jobs sites, Indeed.com, searches for roles involving bitcoin, blockchain and cryptocurrency dropped by 3.06 percent from October 2017 to October 2018 (blue line on […]

CME: Average Daily Volume for Bitcoin Futures Grew 41% in Q3

CME: Average Daily Volume for Bitcoin Futures Grew 41% in Q3

Average daily volumes for bitcoin futures trading saw a significant jump in the third quarter compared to the last period, according to CME Group. The firm – which launched bitcoin futures trading in December of last year – posted the results on Twitter on Wednesday. As the graph below shows, average daily volume hit 5,053 contracts in the third […]