Bitcoin
BTC$61 250.62

-2.84%

Ethereum
ETH$4 042.30

-2.55%

Binance Coin
BNB$482.49

0.74%

Cardano
ADA$2.16

-0.54%

Tether
USDT$1.000245

0.03%

Solana
SOL$204.24

0.80%

58 Crypto Currencies listed for a new ICE Research Unit


19 Mar 2019

58 Cryptocurrencies listed for a new Intercontinental Exchange (ICE) Research Unit


The muscles behind the New York Stock Exchange-Intercontinental Exchange has started a new research unit into digital currencies. The unit, for now, will equip trader with historical and real-time data of digital currencies price on a global scale. Presently, ICE selected fifty-eight cryptocurrency projects and nineteen FIAT currencies.

From the information we gathered on the development, ICE partnered with Blockstream to develop the unit-“Cryptocurrency Data Feed.” Their reason for the unit is to provide a viable source of historical and real-time crypto prices from different countries of the world. However, the number of crypto projects listed accounted for only 2.75% of all the projects available in the industry.  

Few of the Crypto projects selected by ICE


We can’t present the entire list here, but you can get it from the official website. The number of available cryptocurrencies on the feed is 58 and traders can at least get their prices movement in the market. The only issue here is that there are up to 2106 crypto projects existing in the market.

 By selecting a few numbers, the Intercontinental Exchange is narrowing down the choice for investors. Apart from affecting them, the impact on the altcoin market might be negative in the long run. It will reduce the exchange volume and stunt the growth of other digital currencies, trading in the market. Knowing the nature crypto investors and traders, other coins that didn’t appear on the list will lose trust. Players in the community might view them as a high-risk investment since there are not real-time price information.

Few amongst the cryptocurrencies in the list include; Stable coins, High Market Cap tokens, Potentially Valuable Projects, Huobi. The stable coins in the list include Gemini Dollar, USD coin, Tether, and TUSD. Some of the tokens appearing on the ICE list include some like, Ethereum, Litecoin, Monero, Cardano, Ripple, NEM, Steller, and NEO.

The other projects include that has potential values such as Basic Attention, Siacoin, Ardor, Dogecoin, Bitshares, CyberMiles, Zilliqa, Nebular, Metaverse, Ox, etc. Also, Huobi, BSV, Bitcoin Cash, Ethereum Classic and Bitcoin Gold also appeared in the list.

The implication of Cryptocurrency Data Feed


We already know that Cryptocurrency exchanges are becoming excessive in the industry. Many countries have established these platforms because of the decentralized nature of the digital currency. Well, that shouldn’t be a problem except that we don’t have authorized metrics for giving out viable real-time data. As a result, one cannot confidently say that the price of any project is accurate. The reason being that there are many avenues for getting it and nothing to vouch for their authenticity.

This unit by ICE will provide reliable insights on cryptocurrency projects and also boost their efficiencies. Further, the feed will enhance pricing evaluation by following proper surveillance and using portfolio managers. With accurate statistics, trading of crypto-assets between customers or peers will be direct.

When it comes with currency trading, there are lots of issues and challenges to face. The situation of volatility and adverse market conditions increases the risk for traders. Therefore, this idea of global coverage from the Intercontinental Exchange will help a lot. At least, hedge funds would have the information they need to mitigate their risks.


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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 66% 76 $61 250.62 -2.84% -0.77% $1 154 674 094 562 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 70.8% 57 $4 042.30 -2.55% 5.39% $477 150 448 535 ETH 7 days price change
3 Binance Coin (BNB) BNB Binance Coin predictions 69.2% 60 $482.49 0.74% 2.70% $80 480 315 639 BNB 7 days price change
4 Cardano (ADA) ADA Cardano predictions 91.2% 12 $2.16 -0.54% -2.20% $71 185 024 084 ADA 7 days price change
5 Tether (USDT) USDT Tether predictions 92.4% 1 $1.000245 0.03% 0.09% $69 591 162 791 USDT 7 days price change
6 Solana (SOL) SOL Solana predictions 70.8% 55 $204.24 0.80% 29.17% $61 440 079 262 SOL 7 days price change
7 XRP (XRP) XRP XRP predictions 72.8% 51 $1.096102 -0.97% -3.88% $51 457 996 304 XRP 7 days price change
8 Polkadot (DOT) DOT Polkadot predictions 60% 79 $44.55 -0.99% 2.11% $43 999 075 422 DOT 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 69.2% 56 $0.246907 0.64% 4.09% $32 542 542 435 DOGE 7 days price change
10 USD Coin (USDC) USDC USD Coin predictions 92.4% 1 $1.000313 0.06% 0.09% $32 442 834 043 USDC 7 days price change
11 Terra (LUNA) LUNA Terra predictions 69.6% 65 $43.44 5.78% 17.86% $17 443 010 900 LUNA 7 days price change
12 UniSwap (UNI) UNI UniSwap predictions 74% 47 $25.79 -2.88% -0.74% $15 775 566 720 UNI 7 days price change
13 Avalanche (AVAX) AVAX Avalanche predictions 67.6% 65 $66.57 4.10% 17.36% $14 663 644 845 AVAX 7 days price change
14 Wrapped Bitcoin (WBTC) WBTC Wrapped Bitcoin predictions 61.6% 75 $61 265.73 -2.87% -0.84% $13 545 425 709 WBTC 7 days price change
15 Chainlink (LINK) LINK Chainlink predictions 72.8% 50 $29.07 -0.32% 7.40% $13 401 075 815 LINK 7 days price change

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