FISCO, a provider of investment support services, announced that the company will start to write and deliver bitcoin market commentary.
According to a report related digital currencies published by BIS’s Committee on Payments and Market Infrastructures ( CPMI ) on November 2015, there are over 600 kinds of digital currencies in the world and bitcoin accounts for about 90% of total value of issued digital currencies, with 6.74 billion USD as of December 16, 2015.
Back in January, 2016, FISCO revealed a business alliance with Tech Bureau, a blockchain technology developer and provider, to conduct delivery testing of bitcoin market information. As part of the project, the company will distribute bitcoin commentary on a trial basis as it aims to become a hub for digital currency information by taking full advantage of its market analyzing resources and distribution network and cooperating with major exchanges.
Specifically, the bitcoin commentary will cover a wide range of topics including risk of theft and counterfeiting, mining, recognition degree, regulations, and competing digital currencies.
In addition to bitcoin, FISCO has been considering writing about other newly emerged digital currencies such as Ripple, Monacoin and Zcash. The detail of the digital currency market commentary will be announced as soon as a decision is made.
(Source: FISCO )
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