Nasdaq is in the final stage of Ripple Liquid Index development. XRP/USD sits in a tight range amid low market activity. Nasdaq is about to launch its “Ripple Liquid Index” (RLX) to allow cryptocurrency investors tracking the real-time price of the coin. The second-largest stock exchange with a market capitalization of over $10 trillion has already launched Bitcoin and Ethereum Liquidity Indices (BLX and ELX) in partnership with Brave New Coin (BNC), now its time for Ripple’s XRP. “This institutional endorsement is what investors have been waiting for as Nasdaq has plans to launch a bitcoin futures market alongside Intercontinental Exchange’s (ICE) Bakktfutures market which was due to launch on its platform on January 23 but has since been pushed back to an undetermined date in Q2 2019,” the statement on BNC’s website says. The LX indices developed by BNC, are based on a combination of qualitative and quantitative data, they take into account volume, book depth, tick size as well as several other parameters supplied by “qualified market participants.” The above-said data allows calculating a fair value of Bitcoin, Ethereum and other assets on a global scale. All prices are quoted in USD, while the software updates then every 30 seconds. Also, the company mentioned its efforts aimed at launching Bitcoin ETF in the US markets. Now, BNC is in the final stage of developing the RLX (Ripple Liquid Index). It is worth noting that on February 25 XRP was listed on Coinbase Pro. The customers of the exchange can now trade it against USD, EUR, and BTC. XRP/USD is moving in the range limited by $0.3240-$0.3150. The boundaries of the channel are reinforced by technical indicators (SMA50 (4-hour) on the upside and SMA100 (4-hour) on the downside). A sustainable move in either direction will create a strong momentum with the ultimate bullish goal is seen at $0.3500. The sell-off may be extended towards $0.30. XRP/USD, 4-hour chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next China: Piecemeal easing approach set to continue – ABN AMRO FX Street 4 years Nasdaq is in the final stage of Ripple Liquid Index development. XRP/USD sits in a tight range amid low market activity. Nasdaq is about to launch its "Ripple Liquid Index" (RLX) to allow cryptocurrency investors tracking the real-time price of the coin. The second-largest stock exchange with a market capitalization of over $10 trillion has already launched Bitcoin and Ethereum Liquidity Indices (BLX and ELX) in partnership with Brave New Coin (BNC), now its time for Ripple's XRP. "This institutional endorsement is what investors have been waiting for as Nasdaq has plans to launch a bitcoin futures market alongside Intercontinental… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.