Pass it forward

Announced on Feb 26, 2019, NASDAQ started a live listing of cryptocurrency prices after two weeks of official proclamation. By integrating BraveNewCoin’s( BNC) Bitcoin Liquid Index( BLX) and the Ethereum Liquid Index( ELX ), their second stock exchange, NASDAQ is mailing real-time crypto rate information on its Global Index Data Service( GIDS ).

Concerning the latest enumerate, BNC’s CEO Fran Strajnar states that ;P TAGEND

The LX program was born out of a would be required for clear and transparent cost finding of liquid cryptographic resources and is a bigger need today then it was back in 2015 when we started this program”

After the quick diminish, the crypto sell is back with a dark-green signal again- including with regard to, BTC is turned positively with 0.82 percent, and ETH with 2.17 percentage over the past 24 hours respectively. Furthermore, the other producing cryptocurrencies are also influenced with quite a good turn- as was indicated in the below figure.

BraveNewCoin will shortly launch XRP liquid indicator

Beside BTC and ETH indices, government officials bulletin also revealed that BraveNewCoin will soon launch XRP liquid index as well which they termed it as’ Ripple Liquid Index or RLI.

However, its worth to note that the move followed Coinbase Pro’s latest XRP listing on its platform- which quite gotten into a controversial debate by few experts in the crypto industry. Furthermore, the firm aims to plan to do so- and it’s not still officially confirmed by NASDAQ, means that it is still uncertain whether the stock exchange host it or not.

In fact, mentioning Coinbase’s announcement of XRP listing on Coinbase Pro, BNC had pointed out that the’ enough trading volume of XRP on the exchange’ could become part of the RLX.

The’ LX’ family of BNC indices has had its methodology independently audited against key IOSCO( International Organisation of Securities Commissions) principles says Strajnar. “We are in talks with a range of market participants and hope to be able to share further education on this front very soon”.

What do you think about the BNC’s move of BTC and ETH indices on NASDAQ? And do you think that Ripple Liquid Index( RLI) for XRP is great to turn in the present crypto scenario, presented than Coinbase Pro is already corroborating it? Share your opinion with us

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