ICI(Insight Cryptocurrency Index)
ICI: Insight Cryptocurrency Index, is issued by Insight Chain and is the first cryptocurrency composite index in the world, which covers all the trading cryptocurrencies in Exchanges and follows the real time waving of more than 1500 cryptocurrencies. ICI can help to build the cryptocurrency waving standard for public.
ICI uses 2017.1.1 as the basic date and uses the total market cap of all the trading cryptocurrencies in Exchanges as basic value marked as 100. The ICI on following days is the relative value comparing to the basic date. The formula is: ICI=(∑(Pi×Ci)÷T)×B(ICI), in which Pi is the price of some cryptocurrency in one day, Ci is the circulating supply of some cryptocurrency in one day, T is the total market cap of basic date and B(ICI) is the ICI basic value in basic date.
IBI(Insight Bitcoin Index)
IBI: Insight Bitcoin Index, is issued by Insight Chain and is the first cryptocurrency composite index comparing to Bitcoin in the world, which covers all the trading cryptocurrencies in Exchanges and follows the real time waving of more than 1500 cryptocurrencies. IBI can help to build the cryptocurrency waving standard comparing to Bitcoin for public.
IBI uses 2017.1.1 as the basic date and uses the total market cap comparing to Bitcoin of all the trading cryptocurrencies in Exchanges as basic value marked as 100. The IBI on following days is the relative value comparing to the basic date. The formula is: IBI=(∑(PBi×Ci)÷TB)×B(IBI), in which PBi is the price comparing to Bitcoin of some cryptocurrency in one day, Ci is the circulating supply of some cryptocurrency in one day, TB is the total market cap comparing to Bitcoin of basic date and B(IBI) is the IBI basic value in basic date.