CoinMarketCap announced that it will launch two cryptocurrency benchmark indices on Nasdaq Global Index Data Service, Bloomberg Terminal, Thomson Reuters Eikon and Börse Stuttgart. The news was revealed in a post on the crypto data firm’s blog, published on March 20. The two indices are calculated and administered by German index provider Solactive, the post notes. Per the announcement, the indices will cover the top 200 cryptocurrencies by market capitalization, one including Bitcoin (BTC) and one without it. The latter benchmark will be called CMC Crypto 200 ex BTC Index (CMC200EX), while the one including Bitcoin is called CMC Crypto …
Top Stories This Week Blockchain Firm Blockstream Launches Fifth Bitcoin Blockchain Streaming Satellite Blockstream, a blockchain development firm, expanded its satellite service this week with a fifth leased satellite broadcasting the Bitcoin (BTC) blockchain to all of Earth’s major land masses. This new satellite brings potential internet-free BTC transactions and information sharing to crypto users throughout the Asia Pacific region, adding to its beta satellite coverage around Africa, Europe, and South and North America. Blocksteam’s BTC space initiative aims to allow crypto users to access the Bitcoin network without access to the internet. New Report Shows Majority of Bitcoin Trading …
A fledgling blockchain-based company which aims to improve flight safety is gearing up to launch an upgraded version of its app for pilots – software that has been designed to replace the old-fashioned paper logbooks currently used by aviation enthusiasts and professionals. Aeron estimates that 57 percent of aviation accidents can be attributed to human factors – and poor record keeping is often to blame. The company says it is possible for pilots to manipulate records and exaggerate their experience, while airlines may underreport flight hours to save on maintenance costs. Aeron has been working to implement blockchain into existing …
Bitcoin futures may have expired, but even that failed to produce volatility in cryptocurrency as markets remained flat Saturday, Oct. 27. Market visualization from Coin360 Data from CoinMarketCap and Coin360 confirm that the end of the trading week – and with it the payment date for CME Group’s Bitcoin futures – had essentially no effect on either Bitcoin (BTC) or altcoin prices. The behavior marks a stark contrast from just several months ago, with impending futures previously sparking losses in the run-up to their settlement date. On Friday, Cointelegraph had noted that Bitcoin volatility had hit an 18-month low amid …
Major crypto exchange Bitfinex has responded to a recent media report that accused the exchange of publishing trading volume data from “a market that doesn’t exist,” in a tweet posted Oct. 23. The controversy centers on an article from crypto media outlet CoinDesk, which had alleged that Bitfinex’s data on popular crypto statistics aggregator CoinMarketCap (CMC) was misleadingly inflated by reporting on a stablecoin Tether (USDT)-U.S. dollar trading pair, which as of press time appears to account for $33,598,474 — or 18.30 percent — of a total 24-hour traded volume of $182,742,351. The article had argued that since the exchange …
Ripple (XRP) has briefly surpassed the market cap of Ethereum (ETH) for the second time in a week Wednesday, September 26, once again temporarily becoming the second largest cryptocurrency by market cap. Data from CoinMarketCap shows that XRP is now again ranked third with gains of 22 percent over a 24 hour period, with ETH in the second highest spot for market cap with gains around 3 percent by press time. XRP last outperformed ETH on September 21, only to lose its number two spot shortly afterwards as both assets saw price corrections following sudden upticks. On social media, cryptocurrency …
Altcoin Ripple (XRP), which has seen an explosive amount of growth over the past week, has overtaken Ethereum (ETH) to be ranked number two by total market capitalization on CoinMarketCap. As of press time, Ripple has a listed market cap of around $26 billion, while Ethereum — now in third on CoinMarketCap — has around $23 billion in market cap. Bitcoin (BTC) is still ranked number one, with a market cap of around $115 billion. Ripple has seen unprecedented 140 percent growth on the week, up almost 80 percent on the day alone, to trade at around $0.65 by press …
Crypto markets spiked today, August 21, seeing notable gains amongst the top 100 coins in under an hour, as data from Coin360 shows. Market visualization from Coin360 Total market capitalization of all cryptocurrencies shot up over $12 billion in just over an hour to peak at $222.8 billion, before dropping slightly to $291.7 billion by press time. 1-day chart of the total market capitalization of all cryptocurrencies from CoinMarketCap Bitcoin (BTC) had been trading sideways today around $6,400-$6,500 before seeing a sharp 5 percent spike in the space of just 45 minutes, peaking around $6,790. The leading cryptocurrency has since …
Bitcoin (BTC) dropped around 2 percent Friday, August 3, failing to find support to stay above the $7,500 barrier for the first time this week. Market visualization from Coin360 Data from Cointelegraph’s price tracker and Coin360 show a sudden dip downwards from $7,550 Friday, with BTC/USD trading around $7,363 at press time. That figure marks Bitcoin’s lowest since the end of July, just after prices shot up from $6,100 in a matter of hours. Bitcoin weekly price chart. Source: Cointelegraph Bitcoin Price Index Since that time, markets have rallied and fallen, with commentators keen to see if support around $7,000 …
Crypto data tracker CoinMarketCap.com (CMC) has launched a professional, paid API targeting developers and funds, according to an official announcement published August 1. The new product reportedly aims to serve as a key “pipeline” that will provide accurate and differentiated data for developers and funds across crypto product prices, market capitalization, conversions, and trading pair data aggregated from multiple exchanges. According to CMC’s announcement, the new features offered come at a fee, and are tiered between “hobbyist” access that starts from $79 per month to a “professional” contract that starts from $699 per month. This latter option is marketed as …
A digital asset trading platform says its “superior circulation capabilities” can help tokens thrive in the crypto world, through financial-level services that enable tokens to be issued more quickly. BitForex claims that many of its rivals lack transparency when launching currencies — and their desire to maximize profits can act as a major obstacle when entrepreneurs are attempting to launch new digital currencies. The company hopes to integrate the token economy into the real world quickly, as it believes this would “promote economic and social innovation.” One stop shop for crypto users BitForex says that its suite of services has …
Ripple has released the second quarter 2018 report for its digital asset XRP today, July 24. According to the report, Ripple’s sales of XRP tokens were a “drop in the bucket” compared to the total XRP market. Per the report, Ripple sold $75.53 million in Q2 in total. Of this amount, the company sold $56.66 million via programmatic sales, which amounted to 0.125 percent of Ripple’s $45.35 billion in sales during the whole second quarter. Direct sales amounted to $16.87 million, carried out via Ripple’s subsidiary XRP II, LLC, a registered and licensed money service business (MSB). Q2-Q1 2018 XRP …