certify
Home arrow Article arrow Article Detail

Indices in 2021, s&p dow jones to launch cryptocurrency as per bitcoin on wall street

Profile Image

Crypto Business World Follow

INDIA

Dec, 16 2020

Dec, 16 2020

likes | comments 0

Article Image

In the volatile and speculative market, some of the risks are to be reduced and the hope for more reliable data of pricing makes it easier for the users to access new asset classes. it is reported in the report.


On Thursday, s&p dow jones will launch a cryptocurrency in 2021, a major and latest company to make its way in a new asset class. the data used from new york-based virtual currency company the s&p dji-branded products of over 550 of the traded coins as said by a report.  customized indices and other benchmarking tools on cryptocurrency would be created via s&p's clients and index provider, told by s&p and lukka.


Peter Roffman, at s&p dow jones indices a global head of innovation and strategy, said that with digital assets such as cryptocurrencies becoming a rapidly emerging asset class, the time is right for independent, reliable, and user-friendly benchmarks. said a report.

for becoming cryptocurrencies in mainstream investment, by the world's well-known index provider. bitcoin is continuously soaring high prices against dollars, according to the investors whose demands are boosted states that digital currency is a hedge against inflation.


latest bitcoin prices rose to all-time high prices over $19300 on Thursday, it's 170% of soaring prices.

in the long run, cryptocurrencies are around. more investors and traders have an interest and also take participation are attracted over the last few years from financial institutions.


Bitcoin derivatives have been started offering by major exchanges and large firms started keeping safe bitcoins and cryptocurrencies for the investors such as fidelity investments and japan's Nomura holdings inc.


The asset class is more accessible for investors by mainstream market infrastructure, Paul Tudor Jones and Stanley Druckenmiller commented hedge fund managers include broad investment strategies bitcoin.


likes | comments 0

Profile Image

Crypto Business World

CBW - External Analyst

INDIA

Comments
Data Centre Construction - World First artificial intelligence AI-Tech Utility Token
banner
Article
DeFi Protocol SeaSwapSui Steals $32k From Investors

It was discovered by CeriK Alert that the decentralized exchange platform SeaSwap has scammed its users out of around $32,000 worth of SUI tokens;

Disclaimer: The information is for informational purposes only.​ This advertisement does not constitute financial advice or any other advice. You should consult with a financial professional to determine what may be best for your individual needs. None of the information and/or content available through this advertisement is intended as an offer or solicitation of an offer to buy or sell, or as a recommendation, endorsement, or sponsorship of any company, financial product, security or commodity. To the maximum extent permitted by law, we disclaim any and all liability in the event any information, commentary, analysis, opinions, advice and/or recommendations prove to be inaccurate, incomplete or unreliable or result in any investment or other losses. In Making the investment decision, investors must rely on their own examination of the issuer and the terms of the offerings, including the merits and risks involved. Investments are speculative, illiquid, and involve a high degree of risk , including the possible loss of investment.