Blockchain & Cryptocurrency

Nasdaq Indexes Bitcoin and Ethereum, Setting Course for Mass Adoption

The Infinite Brief
The US stock market exchange on Monday announced two cryptocurrency indexes which provide real-time spot or reference rate for Bitcoin and Ethereum.

Dubbed as the Bitcoin Liquid Index (BLX) and Ethereum Liquid Index (ELX), both the indexes extract price data from multiple exchanges to provide onlookers single price point for BTC and ETH. 

Nasdaq assured that independent auditors had verified their methodology of obtaining and unifying price data to present the best USD-equivalent value of cryptos.

Curated from News BTC

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