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Professor Dan Galai, Pioneer of Wall Street's 'Fear Index', Joins Crypto Volatility Index as Advisor


Place/Date: TEL AVIV, ISRAEL - May 13th, 2021 at 1:00 pm UTC · 3 min read
Source: Crypto Volatility Index
The Crypto Volatility Index project, an open-source decentralized finance protocol backed by COTI, is welcoming professor Dan Galai, the co-creator of the VIX, into its board of advisors. Prof. Galai will assist the CVI team in establishing the protocol as the market standard for a crypto analog of the VIX.
The CBOE Market Volatility Index, commonly known by its ticker VIX and often referred to as the “Fear Index”, is a financial instrument tracking the real-time implied volatility of 30-day S&P 500 options. It was initially designed by Dan Galai and Menachem Brenner in a series of papers published after 1989, where they envisioned the creation of a series of volatility indices for different asset classes, including stock markets but also interest rates and foreign exchange rates. The concept was later implemented by the Chicago Board Options Exchange in ....

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Dogecoin Fans Hope Elon Musk's 'SNL' Appearance Will See Crypto Hit $1


Dogecoin Fans Hope Elon Musk s SNL Appearance Will See Crypto Hit $1
On 5/7/21 at 11:32 AM EDT
Saturday Night Live this weekend, amid speculation it could raise the token s price.
Dogecoin, a cryptocurrency token that was originally started as a joke in 2013, has soared in value this year with year-to-date returns of around 12,600 percent currently.
It is currently down -0.94 percent on the day, with a price of $0.60 and a market capitalization of $78.1 billion.
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Fans of Dogecoin have rallied around Musk because his support is seen as influential.
This Saturday, the entrepreneur is due to host the U.S. comedy sketch show ....

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