Dogecoin (DOGE), the notorious meme-like cryptocurrency that continues to invite both affectionate hype and thinly-concealed derision, has posted some of the highest gains in the cryptocurrency market this week. As of the time of writing, the cryptocurrency is trading at around $0.137 — up an eye-popping 86% over the past 24 hours and over 122% over the past seven days. Its rally has secured a place for the coin i the top 10 largest cryptocurrencies by market capitalization, according to CoinMarketCap data. DOGE’s steep rise reflects the extremely bullish climate in the wider cryptocurrency markets at present: Today’s Nasdaq listing …

Crypto price tracking website CoinMarketCap has removed many South Korean exchanges from its calculations for the price of Bitcoin as the coin dipped under $58,000 again. As of today, CoinMarketCap’s Bitcoin (BTC) price tracker shows no data from major South Korean crypto exchanges including Upbit, Bithumb, Coinone and Korbit. The website uses data from many exchanges to estimate the average price for cryptocurrencies. At the time of publication, the price of Bitcoin is $57,721, having fallen more than 2% this morning. Speaking to Cointelegraph, CoinMarketCap content manager Molly Jane Zuckerman said the removal was due to the premium observed on …

Delta Exchange, a cryptocurrency derivatives platform, has successfully concluded a $5 million private sale of its native Delta Exchange Token (DETO), setting the stage for wider adoption of its retail derivatives marketplace. Some well-known names in decentralized finance, or DeFi, participated in the private sale, including Aave Ventures. Kyber Network. Sino Global, LuneX Ventures, BR Capital and others also participated in the sale. At the time of writing, the total market capitalization of DeFi projects was $88.2 billion, marking an increase of 12.5% on the day. In addition to the token launch, Delta announced Tuesday that it has activated its …

A DeFi-focused crypto platform has entered into a partnership with CoinMarketCap — enabling its users to access more comprehensive decentralized finance data. DEXTools says the collaboration with CMC is the latest milestone in its rapidly growing operation, which has already come a long way since launching early last year. “CMC has recognized our product and its quality and has chosen us to be a reliable partner to move forward and strengthen their position into the DeFi sector,” the platform said. As a result of the partnership, CoinMarketCap will be using the data provided by DEXTools’ API — and integrating the …

The fortunes of beleaguered Bitcoin (BTC) spin-off Bitcoin Cash (BCH) took a turn for the worse on Feb. 8 as it was chased out of the top ten cryptocurrencies — by Dogecoin (DOGE). Data from Cointelegraph Markets and CoinMarketCap showed BCH now occupying 12th place after being passed by both DOGE and Stellar (XLM). BCH kicked out of the top ten The latest embarrassment for the altcoin, which last week lost its footing to Binance Coin (BNB) and in January was superseded by Chainlink (LINK), thus relegates it from the top ten cryptocurrencies by market cap. At the time of …

The influence of Reddit’s r/Wallstreetbets subreddit has apparently spread to the cryptocurrency space, after a new coin appeared at the top of CoinMarketCap’s rankings on Friday. Dubbed WallStreetBets (WSB), the new coin apparently gained in excess of 130% in the past 24 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. The coin’s page on CMC features the following message: “All UR MeMes R belong to us and Charmander-marth!!11. We seek alpha and master beta. Please note that this is a …

Tokenized Bitcoin is booming, with the increasing demand from DeFi combined with BTC’s recent meteoric price rise has resulted in three Bitcoin tokenization protocols ranking among the 70 largest crypto markets. According to popular market data aggregators CoinGecko and CoinMarketCap, Wrapped Bitcoin (WBTC) currently ranks as the 13th-largest market boasting a capitalization of $4.04 billion, with roughly 0.6% of Bitcoin’s supply currently locked in the protocol. Huobi BTC (HBTC) ranks 56th with a market cap of $660 million, followed by the 63rd-ranked renBTC (RENBTC) with a capitalization of $510 million. However, the emergence of Bitcoin (BTC) tokenization protocols as top-ranked …

Bitcoin's market capitalization was briefly flippened today as Wrapped Bitcoin suddenly gained quadrillions of dollars in value. WBTC showed a behemoth market cap of about $432 quadrillion for a brief period (the total world money supply is estimated at $1.2 quadrillion, including derivatives, according to Rankred.com.) It sat listed atop all the other assets, even Bitcoin (BTC), which had a valuation of roughly $733 billion at the time. But crypto aficionados and maximalists need not worry about the usurpation of the Bitcoin crown: The move was a glitch on CoinMarketCap, which briefly displayed Wrapped Bitcoin (WBTC) as worth more than …

The blockchain industry shrugged off the craziness of the 2020 pandemic, with many companies thriving in the “remote” working environments brought about by COVID-19. Almost $700 million in mergers and acquisitions took place in 2020 across 83 transactions. That’s the largest number ever and a sizeable increase from the previous record of 69 M&A transactions in 2018. The majority of activity last year was within the industry itself, consolidating the sector with minimal engagement from external companies. More than 90% of the $691 million reported was comprised of the top three acquisitions by Binance ($400 million), FTX ($150 million) and …

Today, cryptocurrency data aggregators are tasked with being the first point-of-contact for newbies entering the space and also providing up-to-date information to experienced users. While the COVID-19 pandemic has caused a global economic downturn, the crypto industry is booming. Previously skeptical investors have started to test the waters, and data providers are dying to make a lasting impression. Market data aggregators, or data providers, are platforms that collect inputs from various exchanges to present users with data on trade volume, historical asset prices and market capitalization. These platforms usually offer their own APIs for data distribution to blockchain projects and …

The gap is narrowing between crypto analytics providers CoinMarketCap and CoinGecko when it comes to the number of website visits each receives per month. According to a Dec. 1 report from news outlet The Ken, CoinGecko had 20.6 million monthly desktop and mobile visitors as of October, compared with CoinMarketCap’s 29 million. 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 the competitor. While both websites saw small peaks in traffic during July, CoinMarketCap has not significantly widened the gap since Binance acquired the site …

Mask Network has launched a trading widget allowing Twitter users to access market data and trade Ethereum-based crypto assets without leaving the platform. Powered by Uniswap and CoinMarketCap, the new Mask widget brings up a window featuring market data and an interface for trading on Uniswap when users hover the mouse pointer over crypto asset tickers in posts. In a Tweet thread announcing the new widget on September 24, Mask Network (formerly known as Maskbook) said it hopes to expand the service to other popular social media sites such as Facebook as well as other protocols in the decentralized finance …