Thursday , 19 April 2018

Bloomberg adds Ethereum, Ripple and Litecoin to terminal

Financial data firm Bloomberg has added three new cryptocurrencies – ethereum (ether), Ripple (XRP) and litecoin – alongside bitcoin on its Terminal service.

News that Bloomberg had added the three cryptocurrency assets to its benchmark price tracker sent XRP soaring to almost $0.90 per coin – an increase of almost 300 percent in just three days.

This week has seen altcoins broadly return to form after several weeks of intense investor attention on Bitcoin, which also hit new all-time highs Friday of almost $17,900.

ETH and LTC have surpassed short-term expectations in recent days, rising to above $750 and $300 respectively.

In addition, Dash almost claimed the $1,000 price tag before correcting down towards $900, all assets following in the steps of Monero, which suddenly rallied to three times its price over the past two weeks.

Markets are likely set to see further flux into and out of Bitcoin over the coming weeks as a host of hard forks make their debut, investors keen to access duplicate balances tradeable on exchanges.

Super Bitcoin held its network snapshot this week, while Bitcoin Platinum, Bitcoin God and Bitcoin Cash Plus are also due to do so before the end of the year.

Bitcoin Silver and Bitcoin Uranium are also planned, while Bitcoin Diamond futures are already being tracked on Coinmarketcap.

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