Cryptocurrency Trust Index Demands More From Developers
A new altcoin ranking system has hit the market today that looks to take a completely different approach to the way traders determine investments. Coins Source's new Trust Index considers factors much deeper than market capitalization and volume. It looks beyond those figures and into the back-stage, where developers, foundations and organizers conduct work. Trust Index measures trust and reliability, two very important, but often overlooked, factors in investment decision-making. CCN. Right now, there are a couple ways to research investment. Anyone can go on Coinmarketcap and look at the....
Related News
The Winklevoss Twins, Cameron and Tyler, are hoping to make a splash with their newly-launched Bitcoin Price Index, aptly named the WinkDex. According to a Fortune exclusive, the twins - beginning today - will be opening up their Index's API (application programming interface) to developers, which will allow said developers to build atop the Index with their own programs. "We've spent a lot of time trying to build a really cool tool," said Cameron Winklevoss to Fortune. "Obviously the index will be big for us because it will be used to price any future ETF. But we also wanted to build on....
SolidX Partners Inc., a company that specializes in blockchain-based identity services, has registered with the Securities and Exchange Commission (SEC) to launch the SolidX Bitcoin Trust, an exchange-traded fund (ETF) that will provide shareholders exposure to the daily change in the U.S. dollar price of bitcoin, minus expenses and liabilities of the trust, as measured by the TradeBlock XBX Index. The trust will list on the New York Stock Exchange under the ticker symbol “XBTC,” the company announced on its website. It will not be actively managed. The SolidX Bitcoin Trust follows the....
₿trust has located the founding member for its new cohort designed to locate and educate new developers in the Bitcoin ecosystem, beginning with Africa.
The Winklevoss Bitcoin Trust, currently moving towards regulatory approval, could be approved by the end of 2014 and will be a Bitcoin exchange-traded fund (ETF), with each share representing an amount of bitcoin held by the Trust. Currently, such an investment vehicle is only available to wealthy investors, through funds like the Bitcoin Investment Trust. The Winklevoss ETF will allow people with a brokerage account to invest in Bitcoin without having to worry about the challenges of buying, storing, and safekeeping bitcoin. Proposed in 2013, the Winklevoss Bitcoin Trust was the first....
Ethercoin is an asset backed by ether, which does not exist yet itself. If you have ever wished cryptocurrency operated more like central banks, you're not alone. Well, you probably are, but that has not discouraged the developers of Ethercoin from introducing a currency that would make the central bankers proud. By creating a coin that operates completely on trust and gives developers nearly complete control of the network, the Ethercoin developers are proving they could have what it takes to one day run a national government's central bank. Also Read: USDcoin May Become Reality, Says....