The global proliferation of Bitcoin and other crypto-currencies has caused many governmental agencies to review their financial code sections that relate to money transmission reporting requirements. Since the FinCEN advisory was released last year, there has been great concern and confusion in the barter industry. We have reported on some of this confusion in the […]
CoinGecko Gives a Higher Level View of Cryptocurrencies
CoinGecko, in the beta phase of development, has managed to add more depth to cryptocurrency understanding than many of the other crypto exchange sites. Rather than just tracking the price of each currency relative to Bitcoin, the service takes in to account developer activity, community activity, market cap (measured in bitcoins), and other social and economic factors to provide a consolidated rank score.
Currently the site tracks 20 currencies and plans are in the works for adding 24 more in the upcoming weeks. Check it out for yourself at http://www.coingecko.com/
No comments yet.