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LedgerX rolls out LXVX, a volatility index for bitcoin

by Frank Chaparro

January 14, 2019, 5:00PM EDT  ·  2 min read

by Frank Chaparro

January 14, 2019, 5:00PM EDT  ·  2 min read

LedgerX, the cryptocurrency firm behind one of the derivative markets for bitcoin in the U.S., announced a new index to track bitcoin’s wild price swings, CEO Paul Chou told The Block in an interview. 

The so-called LedgerX Volatility Index (LXVX) will provide a gauge for investors in the spine-tingling bitcoin markets to inform their trading decisions.