CoinGecko open to acquisition but now is ‘too early,’ co-founder says
While CoinMarketCap was acquired by Binance during post-2017 crypto winter, the current bear market is not the right time to sell CoinGecko, its COO said. Major cryptocurrency tracking website CoinGecko is open to acquisitions, but not right now, according to a co-founder of the platform.CoinGecko has been hit by the current crypto bear market, but the firm is far from selling off, CoinGecko chief operating officer Bobby Ong told Cointelegraph.Ong believes that all crypto-related companies are affected by the cyclical nature of the industry as they usually do well during bull runs and....
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“CoinGecko is locked in a David and Goliath battle to be the site record for crypto financial information.” 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....
Just like BraveNewCoin and CoinMarketCap, CoinGecko is another tool that I visit frequently when prospecting over potential coins to invest into whether that’s for a short term profit, or a long term possession. CoinGecko makes it easy for traders to manage their coins via a closed invite-only dashboard (which I’ll be looking at in a later article)that allows traders to view liquidity, exchange, prices for the current day, so on and so forth. For now they have 50+ coins, but I’m assuming they will add more as time goes on by. Regarding whom I’m talking to, I am honored to be talking to....
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....
Brazilian bitcoin exchange Foxbit has acquired payment processor BitInvest in an acquisition worth less than $1m. With the sale, the exchange said it is seeking to acquire new users and reinforce its position in Brazil’s nascent bitcoin market. Foxbit said BitInvest founder Flavio Pripas, the former founder of the social network Fashion.me, will serve on its board. All BitInvest accounts will be converted to Foxbit accounts as part of the deal. The acquisition is notable given the early traction seen by BitInvest, which inked a deal in 2014 with Tecnisa, a domestic real estate firm that....
As of writing, popular bitcoin exchange MintPal is up with an alternative withdraw system after being shut down for a number of days, trapping more than $130,000 worth of cryptocurrency from its users. The company that once claimed ownership, Moopay LTD., now claims that it never had ownership in the first place and that it will be trading hands in the management. Just before claiming non-ownership, Moopay LTD. was in the process of migrating MintPal to a "version two" platform. The site was down longer than expected then as well, causing another lock out of funds prior to the recent....