European Stocks Rally on Chinese Growth and Mining Merger Speculation 
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data 
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures 
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close 
US Gas Market Poised for Supercycle: Bernstein Analysts 
Wall Street Analysts Weigh in on Latest NFP Data 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
FxWirePro- Major Crypto levels and bias summary 
Nasdaq’s initiatives in tokenization business have already been reported in our recent posts. Symbiont, a blockchain technology company, raised by a round of funding about $20 million that has been led by Nasdaq.
Nasdaq is, also in collaboration with Overstock, to develop security token platforms, they have unveiled tZERO, that is onboard with some features intending to become the first US regulated exchange to issue and trade security tokens on the blockchain.
The NASDAQ has now made an announcement to unveil two new indices, namely, Bitcoin Liquid Index (BLX) and the Ethereum Liquid Index (ELX) likely to provide a real-time spot or reference rate for the price of 1 BTC and 1 ETH, denominated in USD.
For now, Hong Kong-based Fusang Group made announcements of receipts of approval for a Securities Exchange license from the Labuan International Business and Finance Centre (IBFC), based in Malaysia. The Malaysia exchange is likely to render services into primary listings of public companies dealing with digital assets.
The collaboration appears to be the pioneer for fully licensed Asian securities exchange with a prime target on the digital assets.
While Digix also has a DAO governance token (DGD) that enables access to the platform to tokenize any real asset. Digix Gold is known for the gold-backed crypto to begin trading with, available on Bitfinex and the Singapore-based exchange Kryptono.
DigixDAO is a self-organizing Ethereum entity (essentially just a smart contract) that DGX holders can participate in by voting on the governance and direction of the platform or through the advertising and promotion of it.
With these live shreds of evidences of mounting interest in tokenization of trading or investing, one can understand that this has become a trending topic of 2019.
Currency Strength Index: FxWirePro's hourly BTC spot index is inching towards -131 levels (which is highly bearish), while hourly USD spot index was at 108 (bullish) while articulating (at 08:24 GMT).
For more details on the index, please refer below weblink: http://www.fxwirepro.com/currencyindex
