CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is India’s first crypto index launched by CryptoWire?
A
C-15
B
ICY14
C
IC15
D
CRIND-15
Explanation: 

Detailed explanation-1: -Superapp CryptoWire has launched India’s first crypto index, IC15, which will track the market capitalization and liquidity of top 15 global digital currencies, the company said on Monday.

Detailed explanation-2: -CoinSwitch has launched the Crypto Rupee Index (CRE8). The crypto exchange claims that it is India’s first benchmark index to measure the performance of the Indian Rupee-based crypto market.

Detailed explanation-3: -Joseph Massey, MD & CEO, CryptoWire said, “IC15 is India’s 1st global index of crypto currencies, and it represents more than 80% of crypto assets by market capitalization.

Detailed explanation-4: -IC15, India’s first global index of cryptocurrencies is a rule-based broad market index by market capitalisation, that tracks the performance of widely traded liquid cryptocurrencies in the world.

Detailed explanation-5: -IC15 is a broad market index by market capitalisation, which tracks and measures the performance of top 15 widely traded liquid cryptocurrencies listed on leading crypto exchanges of the world.

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