Cryptoindex Talks: Market Review

CryptoIndex is a tool for exposure to the crypto market and serves as a smart benchmark for all cryptocurrencies. The AI-based Cryptoindex algorithm is continuously analyzing more than 2000 coins applying over 200 factors, processing more than 1 million signals per second to provide a highly sophisticated index of the top 100 coins.

Good day, dear community! Today with you our rubric — Cryptoindex Talks and we discuss last market news and changes.

Buy or hold?🤔

The market is storming again, prices are going up and down, because of this you need to be very careful. After the statement by Xi Jinping that China is now adopting blockchain everywhere, the market shows with its rapid growth.

Chinese President Xi Jinping wants the country to “take the lead positions ”in the blockchain industry. China will also promote the integration of blockchain technology with the real economy and solve real problems in existing banking and financial systems.

Also, do not forget that China has been researching and developing its national digital currency for almost five years and is “ready” to launch it in the near future. And it will be a new economic race between the US and China for world leadership.

Now the community is waiting for the next step from China government. What will happen to other cryptocurrencies in China?👀

Once embarked on laws on the blockchain, it means they will soon write about other coins. Isn’t it?

Yesterday, information about the upcoming launch of the DCEP cryptocurrency from the Central Bank of China had surfaced again.

But details about her again are few.

China may begin to promote domestic blockchain projects 📈
In general, the main thing now is not to succumb to FOMO.

New news feeds from China are even more than possible in the near future. And not the fact that the positive.

It’s time to buy more CIX100 and diversify your crypto portfolio📊

You can always check the current CIX100 composition on our website.

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