Bloomberg and Novogratz’s Galaxy Digital Capital Management Jointly Launch New Crypto Index
The Bloomberg Galaxy Crypto Index (BGCI) will be tracking the performance of some of the biggest and most liquid cryptocurrencies in the market.
Focus on the ecosystem surrounding Ethereum, the second‑largest network by market cap. Get insights into network upgrades, smart‑contract innovations, DeFi and NFT trends, staking developments and other Ethereum news today.
The Bloomberg Galaxy Crypto Index (BGCI) will be tracking the performance of some of the biggest and most liquid cryptocurrencies in the market.
After showing a rapid surge last week, the price of Ethereum continues growing, while the future status of the cryptocurrency is still uncertain.
Bitcoin and Ethereum prices are going down while investors and traders are holding their breath in the run-up to the May 7 SEC hearing.
The top-three cryptocurrencies by market cap have made significant gains over the last one month and are further gearing to higher valuations.
Ohanian says that the flexibility that the Ethereum platform provides its developer to build decentralized applications makes it to be a bigger bet over Bitcoin.
Cryptocurrencies are said to come back to Reddit platform. This time not only BTC but also ETH and LTC payments will be available for users.
Sharding is the much-awaited scalability solution for the Ethereum blockchain network, designed to help process more transactions in a given period of time at reduced costs.
Dow Jones’ subsidiary Marketwatch is adding eight digital currencies on its thacking list. Now information on ether, XRP, bitcoin cash, litecoin, monero, ether classic, dash and zcash will be displayed.
A former US Government regulator and Goldman Sachs partner, Gary Gensiern believes that unlike Bitcoin, the other major altcoins Ethereum (ETH) and Ripple (XRP) should be considered unregistered securities.
The overall crypto market valuations have touched $420 billion as Bitcoin Cash and EOS post 10% and 15% gains respectively.
While crypto market continues its positive show with Bitcoin Cash as the show-stopper, analysts remain bullish on the future.
Ether Capital has managed to raise $45 million Canadian majority of which will be invested in buying Ether over the course of next four weeks.
Ether was trading above the key support at $524 Thursday. There was an attempt to break the bullish trend and go down, but eventually the ascending channel borders did not change.
Crypto markets post a good recovery, headed by altcoins, as the overall market valuations move above $365 billion.
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