Tagged: stock market

Blockchain enabled Security Tokens Outperformed the Average of Major US Indices including Dow Jones, S&P 500, Nasdaq in June 2020, Driven by Overstock

Jonah Schulman, head of marketing at Security Token Market, notes that the “main catalyst” for the substantial growth in the security token market, during June 2020, was the 96% surge in the Overstock (OSTKO) security token trading on tZERO. Schulman pointed out that at the… Read More

Bitcoin’s (BTC) Correlation with Gold Weakens, but Strengthens against S&P 500 Stock Market Index in June 2020: Report

Bitcoin (BTC), the flagship cryptocurrency’s correlation with gold has weakened following the COVID-19 outbreak and resulting economic uncertainty. However, the digital asset’s correlation with the S&P 500 stock market index appears to be getting stronger, according to research report from crypto exchange Kraken. Kraken Intelligence,… Read More

Shadow Banking In China: Tighter Regulations Slowing Core Alternative Finance Activity, But Others Expanding More Quickly, Says Moody’s

  Moody’s Investor Service on Monday said that tighter regulations in China, which is Aa3 stable, have been successful in slowing the growth of core “shadow banking” activity. However, other alternative banking activities have been expanding more rapidly–a situation akin to pushing down on an inflating air mattress and watching the surrounding space rise… Read More

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