The London-based data firm CryptoCompare, is another big winner. Its chief executive Charles Hayter tells Sifted that the platform is now onboarding 20 new paying data clients a month.
Data from CryptoCompare shows that bitcoin trading volumes on the eight major exchanges tracked on the CoinDesk 20 have passed $11 billion, a new all-time high from the previous record during 2017's crypto bull market.
Trading volumes across six major cryptocurrency exchanges have been 10% higher at weekends than weekdays in that period, data from researcher CryptoCompare shows.
Trading volumes on major cryptocurrency exchanges hit a daily record on Monday of over $68 billion, research showed, highlighting the trading frenzy that has accompanied bitcoin’s charge to an all-time high.
“This is the domino effect as asset managers tumble their portfolios into bitcoin,” Charles Hayter, CEO of crypto market data provider CryptoCompare, told CNBC.
Bitcoin enthusiasts agree the digital currency hit a record recently. What they don’t agree on is the level of that milestone or even when it was set.
“The gap between the crypto world and traditional financial institutions has closed dramatically,” Charles Hayter, CEO of crypto market data provider CryptoCompare, told CNBC.
“With PayPal’s 346 million users and 26 million merchants this development brings digital assets to the mainstream public in a more meaningful way than anything else we have seen this year,” wrote Charles Hayter, founder and chief executive officer at CryptoCompare.
CryptoCompare reports that Grayscale's exchange-traded products are generally underperforming the market this month. (...) CryptoCompare’s most recent Digital Asset Management Review (...) found that “Grayscale’s products generally underperformed compared to the market.”
A CryptoCompare report published Thursday shows volumes for cryptocurrency-based exchange-traded-products (ETPs) have fallen to a fraction of what they were in August.
Singapore Exchange Ltd. is creating two new cryptocurrency indexes (...) SGX’s iEdge Bitcoin Index and iEdge Ethereum Index will use inputs from exchanges determined by CryptoCompare, according to the methodology.
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The average daily volume of top derivatives exchanges, including Huobi, BitMex and OkEx, dropped from 30% to nearly 60% between March and April, according to CryptoCompare. Average daily volume on many spot exchanges, including Binance and OkEx, also dropped by at least 10%.
According to data from CryptoCompare, bitcoin has outshone oil for far longer than just a few days when it comes to price stability.
The fund tracks the bitcoin (BTC) price using an index feed co-developed by MV Index Solutions (MVIS), a VanEck Europe subsidiary, and cryptocurrency market data provider CryptoCompare.
Trading volume at the major cryptocurrency exchanges has exploded this week, with Coinbase, Bitstamp, and Bitfinex combined seeing a 19 percent bump in 24-hour exchange volume, according to data aggregator CryptoCompare.
Intelligence Unit (IU) (…) announced its partnership with Nomura Research Institute (NRI) to launch a digital asset index – NRI/IU Crypto-Asset Index – in Japan. (…), also tied with MV Index Solutions and CryptoCompare for utilizing their market and price tracking technologies.
Ripple has recently opted for a new trading volume benchmark, based on data from cryptocurrency index CryptoCompare. Ripple hopes it will be able to better address concerns about “misreported, falsified and inflated reported trading volumes,” and provide more accurate trading figures.
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Cryptocurrency data and indices provider CryptoCompare is launching its first cryptocurrency Exchange Benchmark, according to a press release CryptoCompare shared with The Block. The ranking assesses more than 100 active spot exchanges and analyses their reliability.
Cryptocurrency data and indices provider CryptoCompare is working to make it easier to spot good, and bad, crypto exchanges.
Crypto derivatives platform BitMEX and provider of crypto data CryptoCompare will jointly build a real-time crypto futures dataset.
We spoke to Charles Hayter about crypto regulations, bringing institutions to the market and wash trading.
One firm who keeps a close eye on cryptocurrency markets is CryptoCompare. CryptoCompare is the global cryptocurrency market data aggregator bridging the gap between the crypto and institutional markets.
We present an in depth report into the cryptocurrency exchange ecosystem. The report was produced by CryptoCompare and uses the CryptoCompare's Aggregate Pricing Index (the CCCAGG) for much of the analysis.
CryptoCompare in its study appears to have detected some form of deficiencies when it comes to how decentralized cryptocurrencies truly are.
CryptoCompare will now integrate order book and trade data for 50 cryptocurrencies sourced from a wide variety of trusted exchanges into Thomson Reuters financial desktop platform, Eikon.
