Bitmain Launches Crypto Index for Investors, Provides Data on 17 Digital Assets
Chinese cryptocurrency mining hardware manufacturer Bitmain has just released its own cryptocurrency index. Going forward, the firm will provide market data for 17 of the largest digital assets by market capitalisation.
Bitmain Crypto Index Will Track 17 of the Most Popular Digital Assets
According to the post, Bitmain’s new price index has been tailored to institutional and individual investors alike. It stated:
“The index tracks the performance of the largest and most liquid digital currency in the market and is denominated in US dollars.”
The index draws its price data from the largest cryptocurrency exchanges on the planet. To help decide which trading venues are eligible to inform the service, Bitmain analyse each based on its: reputation, regulatory compliance, price…
Read Full Story : NewsBTC