Standard & Poor's Dow Jones has launched 3 indicators for encrypted currencies. These indicators have been designed to measure the performance of a selection of encrypted assets listed in open stock exchanges and are recognized and aimed at achieving transparency in the emerging coins market.


According to Arab Net, SP indicators will compete with Bloomberg currency indicators, which measure the performance of the largest digital assets traded in US dollars, MINT, and Arabic.


A SP step comes to a qualitative leap in a broader accepting of the coins encrypted by major international companies, after companies such as Tesla, MasterCard, Paypal, Micro Strategically, and Apple, earlier this year in its environmental coin.


Indicators last year announced that it would launch indicators for encrypted currencies in 2021 to cover up to 550 digitally.


This comes although the indicators that were disclosed, SPBTC (SPBTC) and SPTH, will track the performance of two digital work (Petquin and Eatrium), while the Cryptocurrency Megacap (SPCMC) (SPCMC) index will follow both two currencies in market value. / p>


The values ​​of Standard & Poor's indicators for Petition, Etatrium, Mega Cap is 7,678.36, 29,405.14 and 5,895.79 points, respectively, from 3 May 2021.


According to the Declaration, S & B (S & B) and reference data are provided by US Blocks Lukka Lukka, supported by parent company SP Dow Jones SP Global.


S & P indicators are used to rate the prevailing value, which is the price at the end of the day at 4 pm EST to calculate the encrypted currency.


The Standard & Poor's Dow Jones announced amid an excellent flow of encrypted currencies. Where the Petquin coin jumped more than 100% in the first four months of the year, while the price of etherium rose 4 times during the same period.