CryptoWire introduces global index of cryptocurrencies
With a view to empowering knowledge on crypto and blockchain ecosystem, CryptoWire, a global crypto super app
image for illustrative purpose
New Delhi: With a view to empowering knowledge on crypto and blockchain ecosystem, CryptoWire, a global crypto super app, which is a special business unit of TickerPlant, on Monday announced the launch of India's first index of Cryptocurrencies - IC15, which is a rule-based broad market index by market capitalisation.
The IC15 tracks and measures the performance of the top 15 widely traded liquid cryptocurrencies listed on leading crypto exchanges of the world, the company stated.
Over the past years, cryptocurrencies have emerged as an asset class in themselves, gaining wider acceptance and drawing people's interests. An index that captures over 80 per cent of market movement is, thus, a fundamental market tracking and assessing tool to base decisions on and enhance transparency.
