The Crypto Sector Index Series will include several indices tracking the prices of a bucket of different digital assets based on their use cases. The world’s largest digital assets manager Grayscale Investments continues to take steps in order to expand its footprint in the market. Also, the latest report shows that Grayscale is venturing into the crypto indices business in partnership with the London-based indices provider FTSE Russell, a London Stock Exchange subsidiary. Grayscale and...
Read More »Firm behind FTSE 100 Launches Crypto Index Series
Development and adoption of the crypto space in the past years have prompted the expansion of mechanisms that assess the credibility of virtual tokens.FTSE Russel, the firm that launched the London Stock Exchange‘s measure FTSE 100 equity index, has revealed a bunch of standards for the crypto asset market.The FTSE Global Digital Asset Index Series includes eight gauges from large and mid-cap assets to micro-cap. According to a statement from FTSE Russel, the indices, built with Digital Asset...
Read More »Chinese Stocks Plunged in February on Account of Coronavirus, Markets Bounce Back
On account of the coronavirus outbreak, China’s manufacturing output has plunged to record lows in February as several factories were shut down. Central banks across the globe are willing to take corrective measures to ensure financial stability.The Chinese economic outlook is turning from bad to worse over the rising number of infected coronavirus cases, the Chinese stocks fell drastically. Last month, the Chinese government asked all companies and manufacturing units to shut down their...
Read More »Docked Cruise Ship Worsens Coronavirus Fears as Recession Shadows Japan and Singapore
After a woman who was on a cruise ship tested positive for the coronavirus, authorities are now trying hard to find other passengers. Such a situation resulted in a new wave of worries.While authorities all over the world are bending over backward to curb the coronavirus outbreak, things might be getting worse. Apart from the rising number of confirmed cases and deaths, the spread is still raging on. Now, several authorities are currently in a fix as they try to find a few hundred people who...
Read More »Coronavirus: Financial Market Shows Record Plunges as Epidemic Spreads
The global financial market is currently having a terrible time because of the coronavirus. Because there is no control of the virus just yet, the consequent uncertainty is having a terrible effect on the stock market and the global business sector. Yesterday, Coinspeaker reported a crash in global stock markets, specifically with futures on the Dow Jones, Nasdaq, and the S&P 500. A recent eToro note, however, shows that things might be a bit worse.Highlighting Coronavirus Effects on...
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