Only a paper moon: Bitcoin price briefly shows $870B on CoinMarketCap
A mysterious glitch caused popular coins to show astronomical gains on CoinMarketCap, Coinbase, among others. Crypto traders experienced a moment of joy, followed by confusion, when a glitch caused several data aggregators to briefly display enormous gains for Bitcoin (BTC), Ether (ETH) and other cryptocurrencies.CoinMarketCap and several other price indexes showed Bitcoin’s price closing to $900 billion as ETH showed over $81 billion. The momentary glitch also impacted Cointelegraph’s price indexes. Hey @CoinMarketCap, you doing ok there buddy? pic.twitter.com/WfXwpSmURU— Cointelegraph....
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Bitcoin’s price is gyrating Monday while ether targets the moon.
“If the prices on South Korean exchanges stabilize, then we will add the data back in, but that hasn’t happened yet,” said a CoinMarketCap spokesperson. Crypto price trackin 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 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,....
Today is a rare full moon called the Super Flower Moon that also happens to coincide with a total lunar eclipse that gives the moon a crimson color. For the most part, this should have no impact on Bitcoin, however, after seeing a moon phase chart its impossible not to notice at least some correlation […]
CoinMarketCap has unveiled its latest AI-powered assistant, CMC AI, that will serve up a set of predefined questions and answers on price movements, token fundamentals, and sentiment with a single click on all major token pages. For instance, if you’re viewing Bitcoin on CoinMarketCap, you’ll see questions like ‘Why is $BTC’s price up?’ ‘What could affect $BTC’s future price?’ or ‘What are people saying about $BTC?’ All you need to do is click on one of these questions to get a detailed analysis. This is a prime example of how AI agents and tech are shaping real-world experiences. Keep....
Blockchains in space? According to one research paper published by an Indian government official, the idea isn’t so far-fetched. Dr Kartik Hegadekatti of India’s Ministry of Railways posits in a new paper, entitled “Extra-Terrestrial Applications of blockchains and Cryptocurrencies”, that the tech could provide the basis for a space-based money in lieu of paper money or physical coins. Hegadekatti works for the ministry's Commercial Department. Hegadekatti has written about cryptocurrencies in the past, exploring how a ‘NationCoin’ could be issued by a country in a paper from August. The....