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CRYPTO INSIDER: Bloomberg launches a crypto index

May 9, 2018, 22:12 IST

Michael Novogratz speaks at the Sohn Investment Conference in New York, May 5, 2014.REUTERS/Eduardo Munoz

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Welcome to Crypto Insider, Business Insider's roundup of all the bitcoin and cryptocurrency news you need to know today. Sign up here to get this email delivered direct to your inbox.

The biggest name in cryptocurrencies is partnering with one of the finance industry's old guard.

The former Goldman Sachs trader and bitcoin king Mike Novogratz has joined with Bloomberg LP to start an index for the industry, according to a Wednesday statement from the two firms. Here's what you need to know.

Here are the current crypto prices:

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