On November 29, 2017, Dataminr alerted clients to reports confirming that Nasdaq intends to launch a Bitcoin futures exchange as early as the second quarter in 2018. The same week, Bitcoin rallied above $10,000 for the first time and above $11,500 shortly thereafter. The news follows the CME Group's announcement on October 31, 2017 and represents yet another substantial sign in legitimizing cryptocurrency in today's financial systems.
High daily volatility in the cryptocurrency space requires a real-time connection to newsflow. Dataminr surfaced this content to clients, empowering them with the latest news to inform their cryptocurrency investment strategy.