© Reuters.

Investing.com – Prices of the major cryptocurrencies edged up on Thursday in Asia amid a lack of directional drivers. Reports that CoinMarketCap will launch two cryptoucurrency benchmark indices received some attention.

gained 0.8% to $5,241.6 by 2:06 AM ET (06:06 GMT). traded 3.2% higher to $171.02, edged up 1.8% to $0.33850 and was up 1.0% to $80.572.

CoinMarketCap is launching two cryptocurrency benchmark indices on NASDAQ GIDS, Bloomberg Terminals, Thomson Reuters Eikon (Refinitiv), and Börse Stuttgart, according to various media earlier this week, which added that the two indices will cover the top 200 cryptocurrencies.

“We are excited to launch and share these indices with the market. These indices will promote greater accessibility to cryptocurrency data in an easier-to-digest format. In partnership with Solactive, our chosen index administrator, we hope these professionally-calculated indices will serve to expand the reach of cryptocurrencies into the larger financial markets,” said Brandon Chez, CEO of CoinMarketCap.

In other news, major cryptocurrency exchange Coinbase has expanded its crypto-to-crypto trading to 11 more countries in Latin America and Southeast Asia, according to its blog post on Tuesday.

It was reported earlier this week that the exchange are forming a partnership with Visa (NYSE:) to launch a cryptocurrency card that allows card holders to “spend crypto as effortlessly as the money in their bank,” as well as ATM withdrawals to replace the traditional time-consuming crypto-to-fiat withdrawal process that often takes over 24 hours to complete.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





READ MORE

LEAVE A REPLY

Please enter your comment!
Please enter your name here