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CoinDesk Market Index Adds Convex, Serum, 12 Other Digital Assets
The digital-asset index deleted Polymath and Tribe as constituents, in a series of changes that take effect Nov. 2 at 4 p.m. ET.
Updated Nov 3, 2022, 8:20 p.m. Published Nov 2, 2022, 7:46 p.m.
CoinDesk Indices has reconstituted the CoinDesk Market Index (CMI), adding 14 digital assets to the index and deleting two, according to a statement.
The changes, based on data as of Oct. 17, bring the total number of assets in the CMI to 162.
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Additions:
DigiByte (DGB)
Ethernity chain (ERN)
Harvest finance (FARM)
IoTeX (IOTX)
Lisk (LSK)
MXC (MXC)
Polkastarter (POLS)
Serum (SRM)
Deletions
Polymath (POLY)
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Bitcoin Jumps to $99K as Spiking Coinbase Premium Points to Strong U.S. Buying
Spot BTC prices were at times $300 pricier on Coinbase relative to Binance, suggesting the rally may be driven by heavy demand from American investors.
What to know:
- Bitcoin surged towards $100,000 on Wednesday's U.S. trading session, gaining 3.2% in the past 24 hours.
- The rally coincided with significant spot BTC price premium on Coinbase.
- Fed Chair Jerome Powell called bitcoin a competitor to gold during a panel discussion.
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