Bitmain Launches Cryptocurrency Index to Track Market Performance By Cryptovest

Bitmain Launches Cryptocurrency Index to Track Market Performance

Cryptocurrency Dec 03, 2018 05:01AM ET

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Bitmain Launches Cryptocurrency Index to Track Market Performance

Chinese cryptocurrency mining giant Bitmain has launched a new digital assets index. According to a methodology overview released on Friday, the Bitmain Crypto Index (BCI) “is developed to provide institutional and retail investors with a transparent, timely, methodology-based, and investable benchmark of the most active cryptocurrencies traded globally.”

The gauge will track the performance of the 17 largest cryptocurrencies by market capitalization, denominated in US dollars. The coins in the basket currently are: Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), EOS, Ethereum Classic (ETC), Litecoin (LTC), XRP, Dash, IOTA, NEO, Monero (XMR), Cardano (ADA), Tron (TRX), Icon (ICX), Lumens (XLM), Zcash (ZEC), ...

This article appeared first on Cryptovest

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Bitmain Launches Cryptocurrency Index to Track Market Performance

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