Crypto price tracker and exchange rankings site CoinMarketCap.com (CMC) is making major changes to its exchange listings method in light of concerns over skewed trade volume data, according to an official announcement July 19. As of July 16, the site has now removed the minimum volume requirements that it had been using to limit the number of exchanges listed on the site. According to CMC, this represents the first measure among others that will be phased in to address widespread concerns about the integrity of trade volume figures on exchanges. Although CMC says it transparently aggregates volume data based on …

Co-founder of BitMEX crypto exchange and an Oxford graduate Ben Delo has become Britain’s youngest self-made billionaire, Daily Mail reports July 2. Aged 34, Delo, who founded BitMEX in 2014, told Daily Mail that he used to spend 18 hours a day to build his platform. His work has apparently paid off, as BitMEX is currently one of the largest crypto exchanges in the world with a daily trade volume of around $2 billion, according to data from Coinmarketcap. “I have had my nose down in a start-up for the past four years. I was doing 18-hour days at one …

Two cryptocurrencies exchanges have shot to the top of ranking by daily volume on Coinmarketcap today, June 26, after their introduction of a “transaction fee mining” model. Singapore-based CoinBene is now ranked first, with more than $2.1 billion in trading volume over a 24 hour period, with Hong Kong-based Bit-Z in second with about $1.5 billion in trading volume over a 24 hour period. Binance, which previously sat in the number one spot, is ranked fourth, with around $629 million in daily trading volume. CoinBene introduced their new transaction fee mining model on June 23, according to a post from …

The recent hack of leading crypto exchange Bithumb “doesn’t really change the fundamentals of Bitcoin” Litecoin (LTC) founder Charlie Lee stated in an interview with CNBC June 20. According to Lee, the price drop is a typical reaction of the market to the news about the hack, and “it happens all the time,” because people get scared. According to Lee, the hack of a crypto exchange does not affect Bitcoin’s (BTC) fundamentals just in the same way as a bank robbery should not affect the price of gold: “If the exchange does not protect the coins well enough and gets …

Sunday, June 10: crypto markets have seen a sharp drop today, in the wake of the news that the US Commodity Futures Trading Commission (CFTC) has launched a probe into four major crypto exchanges. All of the top-100 cryptocurrencies by market capitalization are in the red over the 24 hours to press time, while total market capitalization is down by about $20 bln over the same period, according to Coinmarketcap. Market visualization from Coin360 Bitcoin (BTC) has lost just shy of 5 percent of its value in the past 24 hours, currently trading at $7,244. The majority of the decline …

Tuesday, May 29: crypto markets are steadily rebounding with all top ten coins listed on Coinmarketcap in the green. Market visualization from Coin360 After hitting monthly lows yesterday, Bitcoin (BTC) is slightly up 3.94 percent over the past 24 hours, trading at $7,513 at press time. Bitcoin price chart. Source: Cointelegraph Bitcoin Price Index Ethereum (ETH) has seen a more significant growth of almost 9 percent over a 24 hours period, trading at $571. Still, the major altcoin saw a major decline over the course of the past week, down 12 percent. Ethereum price chart. Source: Cointelegraph Ethereum Price Index …

Monday, May 28: crypto markets are experiencing a significant decline with all top ten cryptocurrencies listed on Coinmarketcap (CMC) in the red. Some altcoins such as Cardano (ADA) and Bitcoin Cash (BCH) are seeing losses up to around 30 percent over the last 7 days. Market visualization from Coin360 With a decline of around 35 percent over the last 30 days, Bitcoin (BTC) has hit a monthly low of $7,259 at press time. The cryptocurrency continues its downward trend started in early May after the price almost touched the $10,000 mark on May 6. Bitcoin price chart. Source: Cointelegraph Bitcoin …

The Transport Minister of Malta has announced a partnership with UK middleware blockchain startup Omnitude to improve the Maltese Public Transport Service, local news outlet The Malta Independent reported May 17. Malta has expressed the aim of becoming the “Blockchain island,” a goal helped by major crypto exchange Binance – the world’s second largest crypto exchange by trading volume, according to CoinMarketCap – announcing plans this March to open an office in the country. In April, OKEx, currently the world’s largest crypto exchange by trading volume, also announced their intention of expanding to Malta. Malta’s Transport Minister Ian Borg said …

China National Radio’s (CNR) “Voice of China” program has alleged that the crypto exchange OKEx is illegally working in China with Chinese clients, CNR reports Thursday, May 3. Chinese crypto exchanges have been banned from operating in the country by the government last fall. As of press time, OKEx is the third ranked exchange by 24 hour trading volume on Coinmarketcap, with around $1.8 bln reported in trades over the past 24 hours. The Voice of China report is part of a series that aims to “reveal the secret behind digital currencies.” The article quotes reported OKEx investor Yang, who …

Thanks to its well-defined regulatory framework, Malta now accounts for the largest share of cryptocurrency trading volume in the world. This conclusion comes from a Business Insider report Sunday, Apr 29, that cites a recent research done by the Morgan Stanley bank. A team of Morgan Stanley researchers, led by analyst Sheena Shah, has conducted a study on the distribution of cryptocurrency exchanges and crypto trading volume across all countries, based on volume data from Coinmarketcap and company registration info listed on the websites of the respective exchanges. The top five countries by crypto trade volume are, in order, Malta, …

Friday, April 27: after a mid-week correction that has seen Bitcoin go below $9,000, the crypto market is back on track with all top 10 cryptocurrencies listed on Coin360 in the green. Bitcoin (BTC) is above $9,000 again, trading at about $9,263 with a value gain of about 5 percent over 24 hours to press time. Ethereum (ETH) is steadily climbing towards the $700 mark, trading at around $678 at press time, up almost 8 percent from yesterday. Total market cap is again over $400 bln, currently at $417 bln, after having dropped to as low as $380 bln Thursday. …

The crypto market is continuing to grow with only slight dips today, April 23, as Bitcoin (BTC) remains close to $9,000 after two weeks of gains and total market cap hits a 7-week high, according to data from CoinMarketCap. Crypto market visualization from coin360.io BTC is currently trading at around $8,840, down around 0.70 percent over a 24 hour period to press time, according to data from Cointelegraph’s BTC price index. Ethereum (ETH) is up around 0.10 percent over a 24 hour period to press time, trading at around $636, according to data from Cointelegraph’s ETH price index. Of the …