It's spreading - Eikon adding a basket of 50 cryptocurrencies

in #money6 years ago

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Google search resutls for "bitcoin" and "cryptocurrencies" might have been in a steady decline for a while, but that barely tells us the whole picture. After all - who uses Google to find out how to invest in Bitcoin, is mostly likely a retail investor and potentially already late to the party. Well, perhaps not late, but not early as well, if you know what I mean. And the early birds get the worm.

At the same time institutional and professional demand for cryptocurrency information has surged. In a world, where regular joes get lost in futures, ETF-s, datafeeds, trading lingo, the growth is fairly obvious.

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thomsonreuters.com

Thomson Reuters Eikon, desktop and mobile solution for professional traders, featuring price feeds, research, analytics and various other tools, and all of them in an neatly packed environment, all instantly at traders' fingertips, has been packaging major cryptocurrencies in their datafeeds for years now.

And the price tag accompanying the platform is imposing. Here's a little pricing info for you about Thomson Reuters Eikon platform, compared with the Bloomberg terminal and others:

price.JPG
wallstreetprep.com

And traders have been satisfied. But not any more. As everyone in the industry can feel how cryptocurrencies will reshape the world and and just need a right catalyst, Thomson Reuters are on top of it.

According to info from bitcoin.com, Eikon has partnered with Cryptocompare, a cryptocurrency data aggregator, and will add support for a basket of 50 more cryptocurrencies to their platform!

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img credz: pixabay.com

50! Imagine professional and institutional investors flocking to these currencies. Of course, we're not dealing with simple hodlers here, but traders, who know how to take advantage of being the early bird. The potential bull run could follow, when professional traders are already deeply in profit and ready long ago.

Read more at:
bitcoin.com

Older:
bitcoin.com
wallstreetprep.com


Oh, here's some quick humor to end the post :)


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That's kind of very, very good news. It brings Crypto further into the mainstream psyche which can only be good for prices in the future as you quite rightly pointed out.....however, I still retain a slight unease when Crypto gets picked up by the same big financial institutions that its supposed to replace.....
I guess things will take their natural course, but anything that puts a few cents on any crypto right now would be nice lol
Hope life is treating you kindly fella. Have a great day :-)

Hehe, thanks, i'm carrying my cryptobag and cross, like most other crypto owners :) But we're getting there! Thanks for the comment!

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omg 50 and very likely more to come

Amazing post! Thanks for the info!

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