It seems like every day there is a new story about how bitcoin, or another cryptocurrency out there, is being more intertwined into our daily lives. It shouldn’t come as a surprise, considering the soaring profits coming from cryptocurrency investments, the new types of digital coins popping up left and right, and the increasingly welcoming attitude of traditional financial institutions.
Another perfect example of cryptocurrencies being further entrenched into the mainstream just happened this week. On Thursday, Bloomberg confirmed that it is adding three new cryptocurrencies to its Bloomberg Terminal Service – where it has already featured bitcoin since 2014.
Ripple (XRP), Ethereum (ETH) and Litecoin (LTC) will now be included alongside bitcoin on Bloomberg Terminals, which is a widely-used platform found in big-name banks and investment groups across the globe.
According to Bloomberg, the featuring of pricing data from the newly-added digital coins is meant to cater to forex traders that are interested in exploring the novel financial instruments.
The move to expand the terminals’ cryptocurrency offering to four digital coins is another sign that altcoins and ethereum have hit the mainstream – and are garnering the interest of more traditional investors.
Which altcoins will be added to the Bloomberg Terminal next?