CoinGecko

Auto Added by WPeMatico

CNY Inflows Into Crypto Markets Surge After Shanghai Composite Spike

by

Back in January 2017, China’s financial authorities initiated their first crackdowns against domestic bitcoin exchanges, with a ban on mainland exchanges cryptocurrencies against the yuan coming shortly thereafter. Now, close to two years and three months later, a surge of CNY has been flowing back into the digital currency economy after the Shanghai Composite posting … Read more

Market Cap: A Flawed Ranking System for Valuing Crypto

by

Market cap is often used as a metric of importance in the crypto industry. Communities will react jubilantly as their preferred coin moves up the rankings. People will often invest in the top X coins based solely on their market cap as they think it is representative of a diversified portfolio. However, is market cap … Read more