Edward Snowden on NYSE Trading Halts: ‘Bitcoin Fixes This’

On Monday, the New York Stock Exchange (NYSE) encountered a series of unexpected trading halts affecting stocks such as Chipotle and Berkshire Hathaway. Berkshire shares plummeted 99.7%, while Chipotle’s stock fell 66%. In response to the event, renowned whistleblower Edward Snowden took to social media, asserting that “bitcoin fixes this.” NYSE Disruptions Trigger Stock Falls; … Read more

NYSE Partners With Coindesk for Bitcoin-Tracking Financial Products

The New York Stock Exchange (NYSE) has teamed up with Coindesk Indices to develop cash-settled options contracts that track bitcoin prices. These contracts, based on the Coindesk Bitcoin Price Index (XBX), are currently in the planning stage and awaiting regulatory approval. NYSE and Coindesk Indices Forge New Path With Bitcoin Options Contracts The proposed New … Read more