Bloomberg To Launch a Crypto Index, Thanks Ned

Is it a coincidence that after Hive account@ned was on bloomberg tv that they are now launching a crypto index... probably. But hey I am going to give him credit. This a good idea for bloomberg, if you look at the alexa ranking or coinmarketcap.com it is in the top 200 sites in the world. Kinda high. And of course this is big news for the crypto world, yet another big player that is throwing his hat in the ring. And it is not just Bloomberg as this is a partnership with Galaxy Digital Capital Management which is run by a billionaire who made his money from trading. More good news.

It may be too early to tell but it really is looking like we are in the next wave of people coming in that were too worried before hand. This will lead to more capital and, more importantly, trust in cryptocurrency. I think during this summer we are going to see another crazy rush, maybe sooner, but this is not investment advice. We will see how things go after the conference next week

So thank you Ned, please go visit some banks and billionaires when you get the chance to help push this along :p

Here is the link for more info:
https://www.coindesk.com/bloomberg-partners-with-novogratz-to-launch-crypto-index/