Bitcoin SV is now a top 5 cryptocurrency in terms of market cap and has reached a new all-time high in terms of price.
The coin’s value has more than doubled in less than a month, but not everyone is adequately reporting the results.
The U.S. Department of Justice relies on the site’s data to specify real values of digital currencies.
Major price and ranking platforms have been found to provide, either directly or indirectly, fake data, and a push has begun to clean up the system.
CoinMarketCap (CMC) has acquired Hashtag Capital to provide a “true price” for digital currencies through algorithms that can analyze “all points of available liquidity.”
There is a growing desire for information related to cryptocurrencies since CoinMarketCap started offering this information in 2013, the executive says.
CoinMarketCap, the crypto data aggregator, has released its first Android app today, and a new version of its Apple iOS products.
CoinMarketCap keeps posting the wrong circulating supply number for Bitcoin SV, and it has many wondering why.
In acknowledging that there were issues, CMC said that it would implement new tools that would hopefully provide more transparency to trading.
CoinMarketCap have stepped up their game and introduced several new ways to track and grade cryptocurrencies.
Known as the Fundamental Crypto Asset Score (FCAS), the measure factors in several variables to compare different cryptocurrencies, including market maturity, level of developer activity in the market and user activity.