Coinbase’s new cryptocurrency index introduces a regulated crypto benchmark, offering investors broad exposure and setting a new standard for transparency in the digital asset market. A New Crypto Benchmark Emerges — Coinbase’s Bold Move with COIN50 Index Coinbase (Nasdaq: COIN) has launched the Coinbase 50 Index (COIN50), which the crypto exchange described as “a regulated […]
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Derivative products tied to the new index will not be available to users in the United States, United Kingdom, or Canada.
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“Incorporating fundamental metrics in index creation offers investors the possibility to allocate in the most efficient DeFi tokens based on rational economic indicators,” said Compass Financial Technologies CEO Guillaume Le Fur.
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According to Bloomberg, the nine DeFi assets selected for the index at launch were based on “institutional trading and custody readiness” in the United States.
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S&P Dow Jones Indices, the world’s leading index provider, announced Tuesday the launch of five new cryptocurrency indices. The company now has eight cryptocurrency indices in total. The first newly added index is the “S&P Cryptocurrency Broad Digital Market (BDM) Index,” which “provides a wide performance snapshot of the cryptocurrency market and includes more than […]
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A top ten crypto index by Bitwise has outperformed the assets themselves as FOMO takes hold.
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China’s Center for Information and Industry Development has revised its cryptocurrency project rankings. Thirty-seven crypto projects were evaluated overall and in three sub-categories. Bitcoin has risen while the top three spots remained occupied by EOS, Tron, and Ethereum. CCID’s 18th Ranking Released The Center for Information and Industry Development (CCID), under China’s Ministry of Industry […]
The post Bitcoin Rises in New Crypto Rankings by Chinese Government-Backed Institute appeared first on Bitcoin News.
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In this edition of The Daily we cover new legislation that could make Colorado more attractive to digital businesses and token issuers, the launch of a new cryptocurrency index fund, and the latest miner to succumb to crypto winter. Also Read: UK Regulator: 3% of Consumers Surveyed Have Bought Cryptocurrency Colorado Digital Token Act The […]
The post In the Daily: Colorado Digital Token Act, ITI Funds Crypto Index, Fortress Blockchain appeared first on Bitcoin News.
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In this edition of The Daily we cover a few examples of the evolving institutional crypto investment world. Circle has completed an acquisition of a regulated broker, cryptocurrency prime brokerage Tagomi closed a $12 million funding round, and charting portal Tradingview added a crypto index. Also Read: Tron Partners With Tether to Launch TRC20-Based Stablecoin […]
The post In the Daily: Circle Acquisition, Tagomi Funding Round, Tradingview Crypto Index appeared first on Bitcoin News.
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