40 new Cryptocurrencies to appear in the Bloomberg Terminal System
Bloomberg announced an innovation in its Bloomberg Terminal analytics system. The company has significantly expanded its coverage of cryptocurrencies by adding 40 new “coins.”
As a reminder, Bloomberg Terminal is a platform for easy and quick access to Bloomberg Professional service. It allows real-time tracking of trends in stock markets.
The first crypto-asset in this system was BTC. It was added in 2013. Five years later, the “basket” was expanded to 10 items. And now, four more years later, Bloomberg has added an additional 40 “coins,” including SOL, BNB, XRP and others.
The listing was based on an assessment of four criteria: turnover consistency, market capitalization volume, trading access and institutional storage support.
The company’s crypto product manager, Alex Wenham, said Bloomberg will continue to develop the business. The company’s main competitor is The Block.
Programmer. Recently, the main activity is programming smart contracts on Solidity in the Ethereum blockchain. Development of websites using smart contracts as part of their functionality.
Has experience in developing services using Lightning Network technology.
Actively interested in everything related to blockchains and cryptocurrencies.
