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S&P; Dow Jones Indices to launch crypto indexes in 2021

S&P Dow Jones Indices to launch crypto indexes in 2021

S&P Dow Jones Indices, a division of financial data provider S&P Global, said on Thursday it will launch cryptocurrency indices in 2021, making it the latest major finance company to enter the nascent asset class. The S&P DJI-branded products will use data from New York-based virtual currency company Lukka on …

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China crackdown fuels bitcoin surge

China crackdown fuels bitcoin surge

(ATF) Bitcoin broke through $18,000 on November 18 to hit its highest level since December 2017, and has soared about 160% this year.Many analysts attribute the rise to hedging against future inflation or the global search for yield, but Singapore-based trading firm QCP Capital noted the simple supply and demand …

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