#CryptoCorner: Nasdaq (NASDAQ: $NDAQ) Adds XRP Index, ErisX
Launching #Crypto Spot Market, Quebec Publishes Electricity Provisions for
Crypto Mining
Point Roberts WA, Delta BC, April 30, 2019 - Investorideas.com, a leader in crypto and
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April
30
Crypto Corner
Stocks discussed: (NasdaqGS:NDAQ)
Nasdaq (NasdaqGS:NDAQ) has announced that it will be
adding an index for XRP, and will feature
real-time index information in collaboration with crypto market analysis firm
Brave New Coin (BNC), effective May 1. The XRP Liquid Index (XRPLX) joins the
previously added BNC indices for Bitcoin (BTC) and Ethereum (ETH). The BNC website explains the
index:
BNC has developed the XRP Liquid Index (XRPLX) to meet
the marketplace requirement for a single, reliable and fair USD price for XRP —
based on live real-world trading activity. The index is designed to report a
market price at which liquidity could enter or exit an XRP position. The XRPLX
captures a comprehensive, global sample of liquidity on the highest volume and
quality exchanges. Ideal for settlements and accurate spot pricing, the XRPLX
API includes 30 second Intraday pricing, End-of-Day OHLCV and Time &
Volume-Weighted-Averages.
Finance
Magnates
reports that U.S. crypto exchange ErisX has today announced the launch of its
crypto spot market. This follows the conclusion of the company’s Series B
funding round, which added $20 million to its total, according to CoinDesk. Thomas Chippas,
CEO of ErisX, said:
“We took a disciplined and methodical approach to the
launch of the ErisX spot market. As experienced market professionals, we know
that a launch such as this is a process, not a one-off event…and will continue
to work with our partners, investors, and regulators to expand access.”
Canadian power
provider Hydro Quebec published a press release
yesterday outlining their new rules for crypto miners in the province of
Quebec. The province’s Régie de l’énergie, which roughly translates to energy
authority, has allocated an additional 300 megawatts (MW) to the blockchain
industry. The piece reads:
This 300 MW will
be in addition to the 158 MW already granted to existing customers approved by
Hydro-Québec, and to the 210 MW granted to existing customers approved by
municipal distributors. The result is a total of 668 MW of electricity for the
blockchain industry.
Japanese crypto
exchange Liquid.com has partnered with venture
capital group Virtual Currency Partners (VCP) to expand into the U.S. market as
a new entity, Liquid Financial USA Inc. VCP Chairman Barry Schiffman said:
“After nearly a year of studying the cryptocurrency
space and researching a number of players, we were extremely impressed with
Liquid and the strong foundation it built for itself as Japan’s first
FSA-approved cryptocurrency exchange and one of the top 5 cryptocurrency
exchanges in the world. I am pleased to be working with Mike [Kayamori - Liquid
CEO] again, building upon our relationship from Globespan. We are excited to
join the Liquid family and to lead its expansion into the US.”
Sam
Mowers, Investorideas
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