• Advertise
  • Submit a Press Release
NewsBTC
Bitcoin & cryptocurrency news today, price & technical analysis
Price & Market
Cap Data from
Nomics Logo
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Cardano
    • Tezos
    • EOS
    • Chainlink
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Education
    • Accepting Bitcoin payments
    • Using Bitcoin
    • What is Bitcoin Mining
    • How to Trade Bitcoin
    • How to Buy Bitcoin
    • Digital Currency Exchange
    • Proof of Existence
    • Is Bitcoin legal?
    • Bitcoin Books
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • TradeeToro
  • Gamble +Try
  • Play GamesTry
  • BUY BITCOINTry
No Result
View All Result
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Cardano
    • Tezos
    • EOS
    • Chainlink
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Education
    • Accepting Bitcoin payments
    • Using Bitcoin
    • What is Bitcoin Mining
    • How to Trade Bitcoin
    • How to Buy Bitcoin
    • Digital Currency Exchange
    • Proof of Existence
    • Is Bitcoin legal?
    • Bitcoin Books
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • TradeeToro
  • Gamble +Try
  • Play GamesTry
  • BUY BITCOINTry
No Result
View All Result
NewsBTC
No Result
View All Result
Price & Market
Cap Data from
Nomics Logo
Home Sponsored

Cryptocurrency Indices – a New Crypto Market Trend That CryptoIndex Is All Set to Embrace!

Guest Author by Guest Author
3 years ago
in Sponsored
Reading Time: 3min read
cryptoindex
Advertisement
Listen to Article

With the total number of cryptocurrencies and digital assets on exchanges skyrocketing from 617 to 1,335 over the course of a year, 2017 has been dubbed the “Year of Cryptocurrency”. However, as these currencies exist on numerous exchanges and markets, all with different payment systems and methods, the ability to get in and out of positions has been difficult, time-consuming and potentially costly as timing is crucial when it comes to trading on the crypto market. Many investors, curious to dip a toe into the new asset class were scared off by this complexity and associated risk exposure.

The Need for Crypto Indices

Similar to traditional markets, the creation of indices allows the old-world finance markets to start viewing the new world currencies as a serious and viable investment opportunity.

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

By creating an index that is in the exciting and vibrant cryptocurrency space, while adopting a methodology that takes into account the needs and requirements of heavily regulated asset managers, banks, hedge funds and professional investors, opens the possibility of creating a much wider investor base in the cryptocurrency ecosystem.

Regulatory Compliance

Creating a cryptocurrency index is not enough, it is also important to factor in the regulatory and compliance requirements, as many sophisticated old-school investors are bound by them, and would prefer to have the same kind of clarity (or complexity) when it comes to new asset classes. Contracts created and listed, based on a well- thought out index will provide a simple, well understood and proven method for the financial community to consider the rapidly rising cryptocurrency ecosystem as a whole.

Multiple listings on both existing financial exchanges such as Eurex, or CME will allow the investor base to use current Fiat currencies to clear through existing clearinghouses using current risk, compliance, middle and back-office systems. In doing so, the index can be integrated into the trading and investment community in a relatively short span of time.

Crypto Indices are Increasingly being Produced

Some of the examples that show how mainstream financial players are listing the crypto index include:

  • Financial monitoring service Bloomberg Terminal, now hosting the Huobi 10 Cryptocurrency Index, as well as 9 crypto trading pairs
  • Toronto Stock Exchange is now listing the new Blockchain ETF
  • Leading U.S. investment banking group Goldman Sachs is exploring cryptocurrency derivatives, as stated by Goldman Sachs Chief Operating Officer (COO)
  • Canadian mass media and information company Thomson Reuters is now tracking the top 100 currencies in its sentiment data tool.

Given the huge weight of regulation that has landed on the financial community since the financial crisis, getting an index of high quality meeting regulatory standards such as the IOSCO Principles of Benchmarks, is vital for any chance of adoption by financial institutions

About the CryptoIndex Project

CryptoIndex is a novel platform powered by AI that has been developed to create the Cryptocurrency market benchmark, known as the Cryptoindex100. Their unique algorithm, ‘Zorax’ uses a wide variety of data inputs from an extensive number of sources to create a unique approach to the production of a fully automated index calculation. Based on these inputs (fed through neural networks) and calculations, each coin is constantly revalued as part of the Index.

The Background

The rising adoption of cryptocurrencies, crossing a market cap of $300 billion, necessitates such a platform as that figure is expected to hit $10 trillion in future. With more than 1604 cryptocurrencies found in the market, it has become almost impossible to predict the successful currency of the future. The CryptoIndex 100 helps the old finance market to view “new world” currencies as viable investment opportunities.  Cryptocurrency market players have long desired a tool whereby every crypto investor, regardless of the level of knowledge, can automate and simplify the process of portfolio diversification. CryptoIndex, reduces the volatility and risk of existing individual cryptocurrencies and creates a smart new benchmark for the cryptocurrency market.

What the CEO has to Say…

CEO VJ Angelo is currently the head of London Derivatives Exchange (LDX).  In his over 30 years’ experience in the financial markets, he has developed a thorough understanding of indices, financial products, and market infrastructure, notably in currency and fixed income markets.  From 2012 he commenced a project that took fixed income OTC products onto exchanges.

In a unique new index methodology, as CEO of Global Derivatives Indices (part of the LDX Group), Mr. Angelo and his team took the process from concept through development into production and finally through regulatory approval in the UK, Europe, and the U.S. The result has been a listed futures contract for the Interest Rate Swap Index on the Deutsche Boerse owned Eurex Exchange.

The project’s MVP is already in place, unlike the other project’s statement of intent. And, the private sale of its CIX100 tokens is successfully going on since 5th of July, while the whitelisting is going to start from mid-July 2018. To participate or get whitelisted, please visit CryptoIndex’s official website.

 

TweetShare
Nexo Logo
BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner? Win up to $1,000,000 in One Spin at CryptoSlots
Guest Author

Guest Author

Related Posts

Bitcoin of America

Bitcoin of America is on the Rise: Expands to 600 plus ATMs

9 hours ago
Metaverse: The Bridge Over NFT To Integration

Metaverse: The Bridge Over NFT To Integration

2 days ago
FBC14

FBC Fund Has Tripled Investors’ Earnings Thanks to FBC14 Algorithm

4 days ago
bitcoin of america

How Bitcoin of America’s ATM Host Program has Helped Hundreds of Local Businesses

5 days ago
Folgory

A Debit Card for Your Coin with Folgory

1 week ago
OWNR Wallet

OWNR Wallet Ends 2020 With the Launch of VISA Prepaid Crypto Card and its Own Crypto Exchange

3 weeks ago

Premium Partners

Top Brokers

eToro

eToro

Review · Visit
Changelly

Changelly

Review · Visit
Evolve Markets

Evolve Markets

Review · Visit
ArbiSmart

ArbiSmart

Review · Visit
PrimeXBT

PrimeXBT

Review · Visit
Moneta Markets

Moneta Markets

Review · Visit

Top Casinos

BitStarz

BitStarz

Review · Visit
CryptoSlots

CryptoSlots

Review · Visit
mBit

mBit

Review · Visit
CryptoGames

CryptoGames

Review · Visit
Bonusfinder DE

Bonusfinder DE

Review · Visit
Bspin

Bspin

Review · Visit
Wolf Bet

Wolf Bet

Review · Visit

Top Sportsbooks

1xBit

1xBit

Review · Visit

Press Releases

Cryptowisser Releases Report on Exchanges With Lowest Fees

January 22, 2021

LABS Group Announced Strategic Partnership with Centifuge to Provide DeFi Collateralized Property Backed Lending

January 22, 2021

Jump-starting Crypto Adoption: Aurix IEO Scheduled for January 21st on ExMarkets!

January 22, 2021

Newsletter Signup


ABOUT US

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

COMPANY

  • Advertising
  • Comments Policy
  • Privacy Center
  • Sitemap
  • About Us
  • Contact

Technical Analysis

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Chainlink (LINK)
  • Cardano (ADA)
  • Tezos (XTZ)

LINKS

Auto Trading Software ▸

Cryptocurrency news

  • Bitcoin
  • Ethereum
  • Ripple
  • Chainlink
  • Cardano
  • EOS
  • Tezos

© 2020 NewsBTC. All Rights Reserved.

  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Cardano
    • Tezos
    • EOS
    • Chainlink
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Education
    • Accepting Bitcoin payments
    • Using Bitcoin
    • What is Bitcoin Mining
    • How to Trade Bitcoin
    • How to Buy Bitcoin
    • Digital Currency Exchange
    • Proof of Existence
    • Is Bitcoin legal?
    • Bitcoin Books
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Trade
  • Gamble +
  • Play Games
  • BUY BITCOIN

© 2020 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.