This is massive information! The NYSE is now monitoring Bitcoin as an index! One extra good cause to cease by our ATM, and purchase some Bitcoins immediately!
“The New York Stock Exchange (NYSE) has immediately introduced the launch of a bitcoin value index (NYXBT).
NYXBT will symbolize the day by day US greenback worth of 1 bitcoin at 4pm (BST) and shall be revealed on the NYSE Global Index Feed (GIF).
For a restricted interval it should even be viewable on the NYSE’s web site.
Thomas Farley, NYSE group president, mentioned in a press release:
“Bitcoin values are quickly becoming a data point that our customers want to follow as they consider transacting, trading or investing with this emerging asset class.”
Source
This is huge for the crypto markets, everyday we are seeing more and more adaptation and wall street getting in on the action will only serve to prove the long term valuation of btc and blockchain technology