Markets

Reality Shares, Nasdaq Partner to Launch Blockchain Economy Index

Investment Marketplace Reality Shares has teamed up with Nasdaq to launch an index tracking companies in the nascent blockchain industry. The smart-beta index – called the Reality Shares Nasdaq Blockchain Economy Index – is compiled by using internal and external research, as well as a proprietary “Blockchain Score” ranking system, a press release states. Reality Shares is also planning an exchange-traded fund (ETF) that will track the index and has already filed the proposal with the U.S. Securities and Exchange Commission. Fredrik Voss, vice president of blockchain innovation [...]

Where to Trade Bitcoin? Brokerage Apps Move In Amid Market Boom

Established brokers and startups want in on the crypto boom – but, Trading 212 is a bit of both. Founded by Bulgarians Ivan Ashminov and Boris Nedialkov, Trading 212 is the trade name for Avus Capital, a broker-dealer with roots going back 14 years in foreign exchange and commodities dealing in Europe. But while the company isn’t exactly new, what it’s doing with share trading and cryptocurrencies is – and it seems to be generating success so far. Its app is [...]

Back Above $5,500: Bitcoin Shrugs Off Fork with Price Rebound

Bitcoin is gathering fresh upside traction this Wednesday. At press time, the Bitcoin-US dollar (BTC/USD) exchange rate is $5,540, up 3 percent from the intraday low of $5,376, but still down 2 percent on a daily basis. Week-on-week, BTC is trading largely unchanged, while on a monthly basis, it is up 41 percent. But, it’s perhaps the daily recovery that is most notable. While slight, it can be read as encouraging as it follows the news that Bitcoin gold, a new [...]