CoinSwitch launches first crypto index CRE8
By MYBRANDBOOK
CoinSwitch has launched the Crypto Rupee Index, claiming it as India’s first benchmark index to measure the performance of the Indian Rupee-based crypto market.
The index gives a real-time insight into the crypto market based on actual transactions on CoinSwitch and is refreshed over 1,400 times a day to ensure the reflection of real-time market movement.
CRE8 tracks the performance of eight crypto assets that represent over 85 percent of the total market capitalization of cryptos traded in the Indian Rupee.
Besides Bitcoin (BTC) and Ethereum (ETH), the other assets that the index will track are: Binance Coin (BNB), Ripple (XRP), Cardano (ADA), Solana (SOL), Polkadot (DOT) and Dogecoin (DOGE). It does not include stablecoins and derivatives of other index components.
CoinSwitch tweeted: “Presenting CRE8 - India's FIRST rupee-based crypto Index.” The tweet accompanied a video in which Ashish Singhal, Co-Founder and Chief Executive Officer of CoinSwitch, explained why this index is a big deal for crypto investors in India.
He added, “The crypto investment is as simple as ordering food online or booking a cab. But the decision-making process is still broken. How do you know where the crypto market is moving? How do you know whether you are making the right investments or not? And that's where CRE8 comes into play.”
BREAKING NEWS
TECHNO TRENDS
Microsoft to build a new data centre to support Thailand's tec
Microsoft has revealed intentions to construct a regional data centre as w...
SAP launches cloud services to help Indian scaleups innovate m
SAP at SAP unveils now "GROW with SAP for Scaleups," a new cloud service d...
Denodo and Sonata form alliance to unlock data-to-value creati
Denodo and Sonata Information Technology India Limited (SITL) have annou...
Google Play Store will now let users download two apps simulta
Google Play Store now lets users download two apps simultaneously. While a...
E-Magazine
TECHNOTAINMENT
ED attaches Raj Kundra, Shilpa Shetty’s Rs 97 crore worth as
The Enforcement Directorate (ED) has seized businessman Raj Kundra's pro
Salman Khan trolled for singing with B Praak at Anant Ambani's
To celebrate Mukesh Ambani's youngest son Anant Ambani’s 29th birthday
MOVERS & SHAKERS
DigiCert names Atri Chatterjee as CMO
DigiCert has announced the appointment of Atri Chatterjee as Chief Market
Amagi names its Chief Product Officer
Amagi announced the appointment of Richard Perkett as its Chief Product Of
OPEN YOUR EYES
INTERVIEWS
Fire-Boltt innovates and introduces newer categories to make i
One of the biggest strengths and focus area of Fire-Boltt is innovation. Wi
A few changes in policies can make the PLI scheme even more ef
The Production Linked Incentive (PLI) scheme is a government initiative tha
HOT PICK
COLORFUL rolls out an array of gaming laptops
COLORFUL launched its incredible series of COLORFUL EVOL P15 gaming laptop
Dell Technologies launches new AI-powered commercial PC portfo
Dell Technologies has launched the broadest portfolio of commercial AI lap
MAKE IN INDIA BRANDS
TEJAS NETWORKS INDIA PVT. LTD.
ATRIE TECHNOLOGY PVT. LTD.
STERLITE TECHNOLOGIES LTD.
FIREBOLTT
EMINENT CIO'S OF INDIA
ICONS OF INDIA
Technology Icons Of India 2023: Ashwini Vaishnaw
Ashwini Vaishnaw is an Indian politician and former IAS officer and is...
Technology Icons Of India 2023: Alok Ohrie
Alok plays a critical role in the Government of India’s Atal Innovat...
Technology Icons Of India 2023: B.V.R. Subrahmanyam
B.V.R. Subrahmanyam belongs to Andhra Pradesh. He is a 1987-batch IAS ...
PARTNER SPEAKERS
PSU
STPI encouraging software exports from India
Software Technology Parks of India (STPI) is an S&T organization under...
NPCI leading India towards Digital payments
The National Payments Corporation of India (NPCI) is an initiative tak...
TCIL continues to strengthen India with its technology expertise
TCIL undertakes consultancy & turnkey projects in the field of Telecom...
VIDEOS
Top 25 Brands
Value-Added Distribution
INTEGRA MICRO SYSTEMS PVT. LTD.
Integra is a leading provider of innovative hi-technology products an...
SONATA INFORMATION TECHNOLOGY LIMITED
Sonata Software Limited is a leading Modernization engineering company...
B D SOFTWARE
BD Software is the distributor of IT security solutions in India. The ...
ITFORUM 2024
WIITF 2024
CMO of the Year
WOMEN LEADERSHIP
EMINENT CIO's OF INDIA
TRENDS IN TECHNOLOGY
MORE VIDEOS
ADVERTISEMENTS
TECHNOLOGY DISRUPTION
UNICORNS REVOLUTIONISING
