About 500K traditional traders from around the globe that uses the Reuters and Bloomberg financial terminals will now have access to an index for the 100 strongest-performing cryptocurrencies and tokens.
According to the report the CIX100 is the result of an analysis of over 1,800 coins which were selected on the basis on their consistency on being in the top 200 positions for the last 3 months, number of exchanges they are traded and popularity in social media.
The index will leverage artificial intelligence as well as a proprietary algorithm dubbed as Zorax to determine the top 100 ranking on its index.
It was also revealed that data gathered are subjected to a multitude of filters to extract 200+ factors that determine a refined ranking which is then fed into a neural network to construct a final ranking of coins.
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