- Crypto Indices on Nasdaq goes live
- Bitcoin contributes Big to Square’s Revenues
- Ethereum’s Constantinople and St. Petersburg upgrades go live smoothly
- Indian Apex Court gives government 4 weeks to bring in policy
- Musk says Bitcoin not good for Tesla
Crypto Indices on Nasdaq goes live
Well after a wait of around 2 weeks since the announcement Nasdaq is gone live and is providing real-time BTC and ETH index level information on its Global Index Data Service (GIDS), which already houses more than 4,000 other indexes. BNC Liquid Index or BLX, as it is called, provides the index that takes into account the prices of Bitcoin and trading data from across leading crypto exchanges which include Bitfinex, Bitstamp, Coinbase Pro, Kraken, Gemini and itBit. The Ethereum index ELX is calculated using similar methods.
Bitcoin contributes Big to Square’s Revenues
Square, the company behind the Cash payment App, recently filed its annual earning report for 2018 and according to the said financial report, the company earned USD 464 million of the total revenues in Q4 which in percentage terms is a 64% hike over last year. While the overall growth has been slow for the company compared to street expectation, the company continued to grow its bitcoin purchases. The company realized $37 million, $43 million, and $52 million in bitcoin sales in Q1, Q2, and Q3, respectively. Square CEO Jack Dorsey has long been a public advocate of Bitcoin and has even hinted to Lightning Network transactions entering Square Cash soon.
Ethereum’s Constantinople and St. Petersburg upgrades go live smoothly
After so much of delay and struggle Ethereum fork has undergone smoothly this week. As anticipated, Ethereum’s Constantinople and St.