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Home Investment Management

Bitwise enables crypto point & figure charts on Nasdaq Dorsey Wright

Published by CryptoNinjas.net
04/26/2019
Bitwise enables crypto point & figure charts on Nasdaq Dorsey Wright

Nasdaq Dorsey Wright (NDW), a market research platform in business for over 30 years, has announced the launch of coverage for a wide variety of crypto assets, also to be available in their famous point & figure charts. The new capability is the result of a partnership with Bitwise, a provider of index and beta funds for the crypto asset space.

The partnership will enable NDW to add over 200 cryptoassets to the platform, including Bitcoin, Ethereum, XRP (Ripple), Bitcoin Cash, and EOS.

The addition of cryptocurrencies on the NDW Research Platform can help better inform traders and investors, and gives point & figure chart fans the ability to assess a crypto asset’s technical health in a unique way.

Furthermore, NDW will be tracking four Bitwise indexes that employ rules-based methodologies to track the large, mid, small-cap and total market segments of the investable crypto asset market, taking into account concerns unique to the crypto markets such as liquidity, security, regulatory status, stability and more.

Nasdaq acquired Dorsey Wright in 2015, as part of its Global Information Services division.

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