CoinDesk 20

CoinDesk 20 - 2024-01-17 08:44

The CoinDesk 20 includes trading and liquidity requirements to support product implementation at scale. The CoinDesk 20 is market-capitalization-weighted to improve diversification with a 30% cap on the largest member (currently Bitcoin) and a 20% cap on all other members (currently capping Ether). The CoinDesk 20 is a subset of the CoinDesk Market Index (CMI) which is drawn from the Digital Asset Classification Standard (DACS) universe. The index is updated every five seconds and reconstituted and rebalanced quarterly following a robust and transparent governance framework.

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Eric Ervin, CEO of Onramp (Onramp)
Digital Asset Manager Onramp Invest Integrates CoinDesk 20 Index for RIAs
Onramp is the first U.S.-based firm to allow for investible access via the CoinDesk 20 Index.
Eric Ervin, CEO of Onramp (Onramp)

CD20 leaders 2/26/2024 (CoinDesk Indices)
Uniswap's 38% Advance Leads CoinDesk 20 Gainers Over the Past Week: CoinDesk Indices Chart Pack
Just four cryptos in the index outperformed Bitcoin's 5.2% gain.
CD20 leaders 2/26/2024 (CoinDesk Indices)

Bitcoin price on February 5 (CoinDesk)
Bitcoin Slips Towards $42K as Interest Rates Soar; Chainlink's LINK Defies Crypto Slump
Federal Reserve Chair Jerome Powell reiterated his hawkish stance on rate cuts in a Sunday interview, weighing on risk assets.
Bitcoin price on February 5 (CoinDesk)

smiley, bubble
Crypto Markets Optimistic Despite Bitcoin's Plunge, CoinDesk 20 Perpetual Futures Show
The CD20/USDC perpetual futures traded at a premium to the index price early Thursday, indicating a bullish broader market sentiment.
smiley, bubble

Bullish, run by former NYSE President Tom Farley, offers futures contracts based on the CoinDesk 20 (Matthew Eisman/Getty Images)
'The Dow' for Crypto Markets? New CoinDesk 20 Index Underpins Futures Contracts at Bullish
Perpetual futures based on the index at crypto exchange Bullish, which owns CoinDesk, could help the CoinDesk 20 become a widely followed benchmark akin to the 128-year-old Do...
Bullish, run by former NYSE President Tom Farley, offers futures contracts based on the CoinDesk 20 (Matthew Eisman/Getty Images)