Dow Jones’ MarketWatch Adds ETH, XRP, and 6 More Cryptocurrencies on Its Tracking List


Submitted by Anonymous (not verified) on Wed, 04/25/2018 - 20:56

MarketWatch, published by Dow Jones & Co., has announced on Wednesday that it will begin tracking the market moves of eight additional cryptocurrencies. According to the press release, MarketWatch which has been tracking bitcoin price since 2014, will display information for ether, XRP, bitcoin cash, litecoin, ether classic, monero, dash and zcash.

In addition to displaying price movements of cryptocurrencies, MarketWatch will post real-time quotes for both the euro and the U.S. dollar, using data from Kraken cryptocurrency exchange.

“It’s no doubt that our readers, as the world’s savviest investors, have an eye on digital currency and we’re happy to be expanding our real-time tracking of a total of 9 cryptocurrencies in both Euro’s and USD, with Kraken’s help,” Dan Shar, general manager at MarketWatch, said.

Being a subsidiary of Dow Jones & Company, MarketWatch tracks the pulse of markets for engaged investors with more than 16 million visitors per month. The site is a leading innovator in business news, personal finance information, real-time commentary and investment tools and data, with dedicated journalists generating hundreds of headlines, stories, videos and market briefs a day from bureaus in the U.S., Europe and Asia.

MarketWatch also offers subscription products for investors, including Retirement Weekly and ETF Trader.  It is a part of Dow Jones Media Group, which includes Barrons.com, Financial News London, Moneyish and Mansion Global.

The Dow Jones Media Group itself has moved to test blockchain in recent days, perhaps signaling a broader interest in the tech within the company past its offerings on MarketWatch.

The decision to track eight more digital currencies comes after the recent partnership of Dow Jones Media Group with Brave Software, a privacy-oriented Web browser startup. According to Dow Jones, this partnership is aimed at bringing premium content to new audiences and test blockchain technology usage in digital publishing. The two firms will start testing the content deliveryvia Brave’s blockchain-based platform for digital advertising, and Dow Jones Media Group subsidiaries Barron’s and MarketWatch will become “verified publishers.”

“Our new model reconnects users and publishers without compromising privacy,” Brendan Eich, Brave CEO and co-founder, said. “We look forward to our users enjoying Barron’s and MarketWatch premium newsletters.”

Daniel Bernard, senior vice president of Barron’s, is positive about the partnership as well. “As global digital publishers, we believe it is important to continually explore new and emerging technologies that can be used to build quality customer experiences,” he commented.

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