#coinmarketcap

Jan 30, 2021
2 min

Reddit’s r/WallStreetBets Subreddit Spreads To The Crypto Space After A New Coin Appeared At The Top

Reddit’s r/WallStreetBets subreddit has spread to the cryptocurrency space after a new coin, named “WallStreetBets (WSB)” appeared at the top of CoinMarketCap’s rankings on January 29 (Friday). It has been reported that the new coin apparently gained in excess of 130% in the past 43 hours, with a daily trade volume of $100 million. However, the new coin appears to be the latest in a series of jokes played by the CoinMarketCap team. WallStreetBets is now in the crypto game? Th

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CoinMarketCap And CoinGecko Challenges Each Other For The Number Of Website Visits

Crypto News Point

Dec 9, 2020
2 min

CoinMarketCap And CoinGecko Challenges Each Other For The Number Of Website Visits

CoinMarketCap and CoinGecko, the two crypto analytics providers, have challenged each other for the number of website visits each receives per month. It has been reported by a news outlet The Ken that CoinGecko had 20.6 million monthly desktop and mobile visitors as of October, compared with CoinMarketCap’s 29 million. However, these numbers represent a 135% increase in site traffic for the Singapore-based firm since May, when CoinMarketCap drew four times as many visitors as

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VeChain Extends Its Rally By Building Off Solid Week Of Gains After Discussions With Chinese Governm

Crypto News Point

Nov 13, 2020
2 min

VeChain Extends Its Rally By Building Off Solid Week Of Gains After Discussions With Chinese Governm

A report said that the price of VeChain (VET) extended its rally by building off a solid week of gains after discussions with Chinese government officials centered on a post-epidemic health response. It has been reported that VeChain rose 2% on November 11 (Wednesday) to reach $0.011669, according to CoinMarketCap. However, over the past seven days, the supply-chain management cryptocurrency is up over 23%. Only two other top-30 coins, NEM (XEM) and Chainlink (LINK) have outp

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Crypto News Point

Oct 20, 2020
1 min

Binance To Soon Close Down Its Jersey-Based Subsidiary “Binance Jersey”

Binance, the major cryptocurrency exchange, has announced that it will soon close down Binance Jersey, its Jersey-based subsidiary. It has been reported that Binance launched its platform in Jersey as part of its expansion drive to tap into the European markets. On January 15, 2019, the exchange announced that Binance Jersey will allow fiat-to-cryptocurrency trading for European traders. However, at launch, the exchange supported Bitcoin (BTC) and Ether (ETH) trading against

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CoinMarketCap Ventures Into New Cryptocurrency Education Territory

Crypto News Point

Sep 4, 2020
2 min

CoinMarketCap Ventures Into New Cryptocurrency Education Territory

CoinMarketCap (CMC), the veteran crypto markets data aggregator, is venturing into new cryptocurrency education territory. It has been reported that CMC first made its name as a price-tracking website for cryptocurrencies back in 2013 and has remained at the center of ongoing efforts to establish reliable data sources for investors in the industry. However, now the site is looking beyond market data and aiming to provide more holistic educational content that can help orient

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Bitcoin (BTC) Price Rallies Above $10,000 To A New Monthly High

Crypto News Point

Jul 27, 2020
1 min

Bitcoin (BTC) Price Rallies Above $10,000 To A New Monthly High

Bitcoin (BTC) price rallied above $10,000 to set a new monthly high at $10,315. This comes after a rather uneventful weekly close which saw Bitcoin on CoinMarketCap close above an important multi-year descending trendline. However, a few hours after the close, Bitcoin price surged above the $10,100 resistance zone. Weekly price chart. Source: Cointelegraph Analysts now expect traders to target $10,500, and above this level price with estimates ranging from $11,000, $14,000 an

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Blockchain Explorers: Top 5 Best Crypto Block Explorers

Crypto News Point

Jul 16, 2020
5 min

Blockchain Explorers: Top 5 Best Crypto Block Explorers

Blockchain explorers really came a long way since its early Bitcoin days. Initially, there were no any blockchain explorers at all. Slowly, some basic blockchain explorers came up providing just the basic functionalities. The basic functionalities composed of simple tasks such as searching for specific wallet addresses or transactions. Fast forward to today and we see gazillions of blockchain explorers performing a multitude of tasks such as extracting data from multiple bloc

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CoinMarketCap Introduces New Metrics To Combat Fake Volume

Crypto News Point

May 30, 2020
1 min

CoinMarketCap Introduces New Metrics To Combat Fake Volume

Crypto data aggregator CoinMarketCap (CMC) has introduced new metrics ranking exchanges and market pairings intended to reduce the impact of fake volume on the platform’s data. On May 29 CoinMarketCap introduced its new ‘Confidence’ metric to flag suspicious volumes reported by exchanges. You asked for it, and we're proud to deliver it! Check out our new ranking system and Confidence indicator for more than 22,000 market pairs, spanning more than 5,500 cryptocurrencies! https

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CoinMarketCap Latest Report Reveals Growth Of Women In Crypto In Q1 2020

Crypto News Point

May 2, 2020
1 min

CoinMarketCap Latest Report Reveals Growth Of Women In Crypto In Q1 2020

CoinMarketCap has released a latest report of Crypto Market & User Trends Q1 2020 revealing a 43.24% growth of women in crypto in Q1 2020. According to the study, there has been a 15.5% increase in female users as seen in Q4 2019. The research highlighted growth of 65% among 18-24 years old, with America and Europe experiencing more than 50% growth. While there has been an average of more than 80% in growth in some countries across Latin America, Europe, and Asia. Argentina i

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Binance Reaches An Agreement To Acquire CoinMarketCap In An Undisclosed Deal

Crypto News Point

Apr 3, 2020
3 min

Binance Reaches An Agreement To Acquire CoinMarketCap In An Undisclosed Deal

Binance, the world’s biggest cryptocurrency exchange, has reached an agreement to acquire CoinMarketCap (CMC), one of the most-referenced crypto data websites, in an undisclosed deal, as the companies officially announced the acquisition on April 2. https://t.co/dj0mE2nEWs — Kim Hodgson (@KRHodgson) April 2, 2020 It has been reported that Changpeng Zhao (CZ), the founder and CEO of Binance, said that Binance and CMC are very similar, as they are both providers of “access-to-

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CoinMarketCap Now Provides Data on Liquidity For Crypto Investors

Crypto News Point

Nov 12, 2019
1 min

CoinMarketCap Now Provides Data on Liquidity For Crypto Investors

CoinMarketCap announced the launch of its new metric to compare exchanges and token pairs based on liquidity. The New Metrics Now Live On Dashboard The announcement comes from The Capital, CoinMarketCap’s inaugural conference held in Singapore on Nov. 12. Users can now access the tool, live on the company’s site. It is reported that the new metric will reportedly incorporate data from 3000 crypto assets. It is intended to root out market manipulation, Carylyne Chan, chief str

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