Two cryptocurrency benchmark indices from data provider CoinMarketCap will launch today on financial data feeds from Nasdaq Global Index Data Service (GIDS), Bloomberg Terminal, Thomson Reuters Eikon (Refinitiv) and Germany’s Börse Stuttgart, as well as on its own platform. CoinMarketCap…
Tag: CoinMarketCap
Stablecoin Purchases Surged Amid Wednesday’s Crypto Market Drop
The crypto market took a turn for the worse on Wednesday when it lost nearly $30 billion in total market capitalization – but not every asset struggled to find buyers. In fact, certain stablecoins like USD-C, TUSD and DAI each witnessed…
The Crypto Market Just Fell to a New 2018 Low
Bitcoin sank to its lowest price in over a year on Wednesday, with the prices of other major cryptocurrencies falling alongside it. As of press time, bitcoin is trading at $5,525.92 – a more than 12 percent decline on the day…
CoinMarketCap Says Data Glitch Boosted Its Crypto Price Numbers
A CoinMarketCap “data issue” caused significant artificial inflation of several coins listed on the platform on Friday, with some prices inflated by nearly 1000 percent. While bitcoin’s price spiked 12 percent on the crypto data site, other coins saw more…
The Blockchain Data Problem Is Bigger Than You Think
A straightforward data point – the total supply of bitcoin hit 17 million. But as with most things in crypto, it wasn’t so simple. Every 10 minutes or so, miners find a block of transactions and the network adds 12.5…
$10K Test? Bitcoin Price Hits 4-Week High As Altcoins Shine
Bitcoin hit four-week highs in Asian hours but continues to underperform when compared to alternative cryptocurrencies (altcoins). Having scaled a long-term bearish trendline, the world’s largest cryptocurrency by market capitalization rose to $9,021 at 07:30 UTC – the highest level…