NFT Collection The Superlative Secret Society Price, Stats, and Review
Justin Sun 'not aware' of circulating reports about CZ plea deal
Fed Prepares for Market Rescue as Wall Street Eyes Trouble Ahead
Bitcoin Maxi Takes Aim: Ethereum’s True Value? Lower Than You Think
POPCAT eyes 3x surge as whales invest $80M, but what about spot traders?
Crypto Analyst Warns Dogecoin Price Correction Was A False Breakout, Calls 30% Crash
Bitcoin Sharks & Whales Show Highest Growth Since Feb: Confidence Returning?
FLOKI eyes potential gains of 24%, but how might it play out?
Dogecoin’s Correction Coming To An End? This Crucial Move Hints At A Bottom For DOGE
XRP Targets $19 Or $45 In Possible Blow-Off Top, Analyst Predicts
Is it time to consider altcoins? Key indicator flashes ‘BUY’ signal!
Ethereum Leads Market-Wide Drawdown As Altcoin Correlation Spikes – Details
Top 6 Biggest Crypto Gainers Today – 04/11/2025
Dogecoin Positioned To Dominate As Asset Manager’s Deep Dive Shows Major Potential
BlackRock Sees Record ETF Inflows While Recession Warnings Mount
Top Bitcoin Mining Stocks Close the Week Higher After Tariff-Driven Dip
Bank of America Handing $2,850,000 To Customers in Settlement Over Alleged Illegal Fees and Account Restrictions
Will a 90-day tariff pause ignite Bitcoin’s longest green run?
The Cardano Anomaly: ADA Quiet Now, But The Math Says Otherwise
Bitcoin Funding Rate Turns Negative: Bullish Signal In Disguise?
Blackrock Sees $84 Billion Inflows in Q1 As ETFs and Tech Services Fuel Growth
Bitcoin Demand Soars As BTC Reclaims $82K — Is $100K Within Reach?
Billionaire Warren Buffett Adds $11,500,000,000 To Net Worth in Just 15 Weeks: Report
Binance Traders Vote To List Three New Altcoins on World’s Largest Crypto Exchange by Trading Volume
CoinMarketCap acquires little known data firm as it seeks to improve pricing on site
CoinMarketCap goal to revamp its cryptocurrency data site took a big step today with the announcement of the firm's first acquisition.
The site, which has come under fire as of late for including pricing and volume data from "fake" exchanges, announced on Wednesday its acquisition of Hashtag Capital, a startup that previously operated a trading operation, according to crypto news site CoinDesk.
As per the report, the acquisition of Hashtag follows CoinMarketCap's move to work with cryptocurrency exchanges to increase transparency around the data they provide CMC. With the addition of Hashtag, CMC will aim to offer users the "true price" of crypto assets that go "beyond our traditional volume-weighted average prices to even more sophisticated price algorithms and analyses," according to a statement by Brandon Chez, CEO of CMC.
Readers of The Block might recall that CoinMarketCap has long been trying to improve the quality of its data. In April, the firm said it was looking at ways to eliminate fake volumes by examining volumes versus cryptocurrency holdings in cold wallets.
“You can look at the order book data and compare that up against [the amount of cryptocurrency they hold in cold storage] and get a better understanding of what’s actually going on,” Luke Wagman, chief evangelist at CoinMarketCap, said. Still, all of this is in the users’ hands. “We don’t want to police the industry,” he said.
