Nasdaq, Bloomberg & Reuters to Show Coinmarketcap Index

CMC Crypto 200 and CMC Crypto 200 ex BTC Indexes are now being shown at  Nasdaq GIDS, Bloomberg Terminal, Thomson Reuters Eikon and the Stuttgart Stock Exchange
21 March 2019   275

On Wednesday, March 20, the Nasdaq Global Index Data Service (GIDS) platform, Bloomberg Terminal, Thomson Reuters Eikon (Refinitiv) and the Stuttgart Stock Exchange launch two benchmark cryptocurrency indexes from the leading market data provider CoinMarketCap. It is reported by CoinDesk.

The CMC Crypto 200 Index (CMC200) covers the top 200 digital assets by market capitalization (more than 90% of the global crypto market). The second index - CMC Crypto 200 ex BTC Index (CMC200EX) - allows to monitor market behavior without taking into account Bitcoin, which occupies more than 50% of the capitalization of the segment.

The German supplier of financial indices Solactive will deal with the administration and quarterly rebalancing of both instruments.

According to Solactive Sales Director Fabian Colin, cooperation with CoinMarketCap will allow company to develop individual indices for its customers.

CoinMarketCap added support for the Fundamental Crypto Asset Score rating system from the Flipside Crypto startup earlier this week.

South Koreans to Invest in Crypto Actively

In addition to the investment amounts, the share of those interested in investing in digital assets also increased
22 April 2019   81

The average amount of investments in cryptocurrency from South Korean invesetprs is $ 6,100, which is 64% more than last year, Cointelegraph reports.

According to a survey conducted by the Korean Fund for the Protection of Portfolio Investors, in addition to the investment amounts, the percentage of those interested in investing in digital assets also increased. Thus, 7.4% of the 2500 respondents have already acquired cryptocurrency (last year there were 6.4% of those). It is noteworthy that this figure has increased, despite several major break-ins of the South Korean crypto exchange, as well as tougher regulation of the industry.

Analysts connect the market with a recent bitcoin price jump and hope for a new bull rally.

Recall recently it became known that 94% of trust capital funds invest in cryptocurrency.