CryptoCompare Enters Partnership with Thomas Reuters For Market Data Aggregation
Thomas Reuters, the place professional traders choose to go for news and information, has announced a partnership with CryptoCompare. The partnership will see CryptoCompare integrate the order books and trade data for 50 coins from a variety of exchanges, into Thomson Reuters Eikon. Eikon is a financial desktop platform that provides institutional investors with an insight into the crypto market. Having this data allows investors to better judge when to buy bitcoin.
Reuters Eikon is an intuitive solution for accessing historical and real-time data. The platform has news, analytics and data visualisation tools enabling users to trade more effectively across asset classes. Eikon provides data on commodities, derivatives, equities, fixed income and foreign exchange. Users can use the platform to choose when to buy crypto by comparing performance between the asset classes.
Trading professionals and investors gain a comprehensive view of the crypto market and trends which enables them to make an informed decision in their bitcoin investment. Current data for actively traded coins on the platform can suggest opportunities to buy and sell bitcoin.
CryptoCompare actively promotes itself as a reliable source of accurate and clean data following standards to safeguard data integrity to ensure consistency. CryptoCompare globally provides aggregated data on 5,000+ coins and 200,000+ currency pairs. Whilst CryptoCompare provides data on the markets, they also produce block explorer data and social data. Investors looking to buy bitcoin or crypto can use the aggregated data as well as the social data to make an informed investment.
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