Bloomberg and Mike Novogratz Release New Crypto Index
May 11, 2018
Mike Novogratz, one of the most prominent Bitcoin supporters, together with Bloomberg plans to set new crypto index going called Bloomberg Galaxy Crypto Index.
The technology of BGCI can trace total productivity of digital currencies with highest market caps. The index represents a transparent indicator for crypto investors to analyze efficiency of a wider market.
As soon as the technology starts, the index will be monitoring a number of crypto currencies with BTC, ETH, XRP, BCH, LTC, DASH and XMR among them. Analysts are convinced that DGCI is the key to crypto market acceptance among basic financial institutions.