Intercontinental Exchange adds Bitcoin SV to its Crypto Data Feed
Intercontinental Exchange (ICE), the company behind NASDAQ, has announced to roll out its Cryptocurrency Data Feed with Bitcoin SV (BSV) as one of its many digital assets. The Cryptocurrency Data Feed will empower crypto traders with in-depth knowledge about the current market situation. So, crypto traders can estimate the market, attain pricing information, and make smarter investment decisions. This launch of Cryptocurrency Data Feed by ICE will be done along with Bakkt, an upcoming cryptocurrency trading platform.
In order to release Data Feed, the company had earlier joined hands with Blockstream, a blockchain technology company.
In a blog post, ICE had stated its belief that access to price discovery data is essential as it will help in accurately valuing the crypto market. Hence, the company worked with Blockstream to launch the ICE Cryptocurrency Data Feed. This feed works as a solution to provide transparency and offer investors a detailed yet comprehensive view.
The Data Feed is intended to bring more transparency about the crypto market and also give crypto traders an opportunity to manage their investments better. It will cover a broad range of asset classes that will securely help traders focus and address their varying investing, trading, compliance and risk management requirements.
As per the details mentioned in a video of the ICE Crypto Data Feed,
“Its global coverage can enable hedge funds to better manage their trading strategies. Index providers can provide price inclusion by weighting the value of a venue based on specific criteria. Tick-by-tick data provides risk management and pricing evaluation for surveillance. For portfolio managers, value-add statistics enable crypto assets to be market to market.”
The real-time feed by ICE will provide access to a wide range of data that is correlated from more than 600 global sources. As it will be integrated with Thomas Reuters Enterprise Platform (TREP), the feed will fuel power trading applications across front, middle and back office platforms.
The digital assets added to the ICE Cryptocurrency Data Feed include 0x, Augur, Aelf, Ardor, Cardano, Bitcoin SV (BSV), Bitcoin Core (BTC), Basic Attention, Bitcoin Gold, BitShares, Bitcoin Cash ABC (BCHABC), Bytom, Crypto.com, CyberMiles, Dash, Dogecoin, DigiByte, Decentraland, Ether, Ethereum Classic, Elastos, EOS, Gemini Dollar, Gas, Huobi Token, IOST, ICON, Kyber Network, Lisk, Litecoin, Metaverse ETP, Monero, MIOTA, Mithril, Nebulas, NEO, NEM, Odyssey, Ontology, OmiseGO, Paxos, Qtum, Ripple, Status, Siacoin, Stellar, Steem Dollars, Theta Token, TenX, TrueUSD, Tether, TRON, USD Coin, Verge, VeChain, WaltonChain, Zcash, and Zilliqa.