Bitcoin briefly dethroned by unknown altcoin due to CoinGecko glitch

Bitcoin briefly dethroned by unknown altcoin due to CoinGecko glitch

The list of top-valued coins on CoinGecko briefly went somewhat irrelevant, with BTC falling behind the “Relevant” token. CoinGecko, one of the largest cryptocurrency tracking websites in the world, suffered a major glitch on Friday morning, with Bitcoin (BTC) mistakenly losing its position as the largest digital currency by market capitalization to a lesser-known altcoin.The list of top-valued cryptocurrencies on CoinGecko briefly went somewhat irrelevant, with BTC’s market cap temporarily falling behind a token known as Relevant (REL).As of 7:20 am UTC, REL was mistakenly placed at the....


Related News

CoinGecko Exclusive Interview: Bobby Ong Talks Altcoins

In a sea of cryptocurrency and altcoins, it can be incredibly difficult to pick and choose which ones to believe in. Without doing the proper research, anyone can be stuck following a hopeless coin. Sometimes people quote CoinMarketCap's figures but there is more to the picture than that. It's well-known that a coin cannot thrive based on the vanilla "economic" value of market cap . Dogecoin is a cryptocurrency that has a massive production rate, but a large and active user base to balance it out: Something that Dogecoin's market cap doesn't necessarily inform you of. That's where....

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....

Darkcoin Price Rising

Darkcoin-the famed anonymity-centric altcoin-has encountered bumps in the road as it seeks to bring untraceable transactions to the cryptocurrency community. However, recently the Darkcoin price has risen significantly. CCN examines this altcoin price movement. Also Read: Darkcoin Price Returns to Mean After September Price Bubble. The Darkcoin Price Rises. Darkcoin investors have experienced a pleasant week. On November 2, the coin's price was 513,485 satoshis. The Darkcoin price hovered around that mark until November 6, when it jumped 50,000 satoshis to 566,808. The Darkcoin price....

Bitcoin briefly loses its spot as top cryptocurrency — Wait, what?

Bitcoin's twin took over the number-one spot on CoinMarketCap. Bitcoin's market capitalization was briefly flippened today as Wrapped Bitcoin suddenly gained quadrillions of dollars in value. But crypto aficionados and maximalists need not worry: The move was a glitch on CoinMarketCap, which briefly displayed Wrapped Bitcoin (WBTC) as worth more than all other assets in the world combined. 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....

Mt. Gox Glitch Results in $1,000,000,000 High

If you have been following Bitcoin closely the past couple of days, you may have heard about MtGox trading bitcoins at $1B a piece. Though all evidence of the event has been erased from Mt. Gox and BitcoinCharts history, Mt. Gox briefly showed a high of $1B per Bitcoin on the 9th of August, 2012. Market depth on the ask chart was also incredibly low, showing a fraction of what might be considered normal. Some users speculated that Mt. Gox's live data stream had somehow been hacked to display incorrect data. Ultimately, it was confirmed by Natalie on the Mt. Gox support team to be the....