Experts say CoinMarketCap’s update is not good enough after the latest method tweak causes further controversy among the community.
CoinMarketCap is a platform created to track the capitalization of different cryptocurrencies, the amount of trades that use them and the current price converted into fiat currencies. The information updates every five minutes. Cryptocurrency market capitalization means multiplying the total of all issued coins derived from mining by the current cryptocurrency market price. Market capitalization defines the popularity of certain cryptocurrencies. Capitalization, rather than a cryptocurrency’s price, is the main economic indicator. CoinMarketCap’s service provides information about all digital currencies that are traded in at least one public exchange and have a non-zero trading volume. The CoinMarketCap app can function as a kind of rating system that shows a list of cryptocurrencies sorted in descending order by their capitalization amount.
The community is taking issue with the fact that BitMEX is ranked 175th by CoinMarketCap, but other derivatives platforms are not properly ranked as well.6727
Bloomberg thinks Bitcoin could return to record highs of $20,000 this year, but warns Ether may not be the world’s second-biggest cryptocurrency for much longer.16948
Leading data provider CoinMarketCap has been making changes to its algorithm since it was acquired by Binance.3799
The Bitgrin network saw billions of tokens minted, despite a supposed max supply limit of 21 million XBG.5270
CoinMarketCap has introduced new metrics intended to combat fake volume, however, concerns linger that the platform favors parent company Binance.8131
Bitcoin faces a crucial weekly close, the mystery of coins moved for the first time in 11 years, and Times Square billboards call for the release of Ross Ulbricht.14715
Binance taking the top spot on recently purchased CoinMarketCap has raised concerns among executives from other top crypto exchanges.21145
Messari adds 10 new exchanges to its ‘real volume’ metric and overhauls methodology.10774
Exchange and cryptocurrency price aggregator CoinMarketCap is introducing new measures to combat fake volumes as part of a continuous iterative approach.3559
OKEx's chief strategy officer does not agree with CoinMarketCap's recent exchange ranking changes, calling the site "dead."6859
CoinMarketCap last year rejected the web traffic metric that has catapulted new owners Binance into the top spot.9043
A new study released by CoinMarketCap revealed an increasing growth among female crypto users in Europe and the Americas.9411
CoinMarketCap invited us to “roast them” for their seventh birthday celebration… so we found a few numbers that might make new owner CZ feel the burn.3476
CoinMarketCap’s traffic decrease from China coincided with similar action on leading Chinese cryptocurrency exchanges.3270