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Top Coins by Wikipedia Page Views: BTC Rules the Roost Along with BAT and DOGE

  • Alex Morris
    📊‍ Infographics

    Bitcoin has managed to accumulate more views than all other altcoins on the list combined


Top Coins by Wikipedia Page Views: BTC Rules the Roost Along with BAT and DOGE
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A new DataLight report sheds light on the most popular cryptocurrencies by Wikipedia page views from Dec. 20 till Jan 20. Bitcoin (BTC) expectedly takes first place, while BAT becomes the dark horse of today’s list.

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Dwindling interest for XRP?

The data shows that BTC enjoys an insurmountable lead over ETH with 296,653 and 46,144 views respectively. Bitcoin was among the top most popular pages on Wikipedia in 2017, but its popularity has drastically decreased due to the market rout. Surprisingly, XRP only comes in fourth place after outperforming Ethereum back in September. Basic Attention Token (BAT), which was nowhere to be seen on DataLight’s previous report, has managed to trump XRP, taking third place.

The meme coin is here to stay

Dogecoin (DOGE) hasn’t managed to keep its momentum (it was on the verge of surpassing Ethereum in September), but it still managed to crack today’s list. The ultimate meme coin has accumulated 15,945 views over the last month.

Other top 8 entries include Bitcoin Cash (BCH), Stellar (XML) and Litecoin (LTC).


Cover image via u.today
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Institutional Interest in Bitcoin Continues to Grow: Report

  • Alex Morris
    📊‍ Infographics

    Institutional Bitcoin trading volumes have been on the rise since the beginning of April, but there is only one winner in this game
     


Institutional Interest in Bitcoin Continues to Grow: Report
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According to a new study published by Blockchain research firm Diar, institutional Bitcoin trading volumes are growing for the fourth consecutive month. The fact that the number of CME futures contracts skyrocketed since the beginning of April is the icing on the cake.

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CME’s dominance

 As reported by U.Today, CME Bitcoin futures saw their daily trading volume increase by a whopping 950 percent with 22,542 contracts on Apr. 4. In fact, the sudden rise in Bitcoin price was linked to the expiration of CME futures.  

So far, that level of interest remained steady with 11,873 contracts traded on Apr. 11.


Institutional Interest in Bitcoin Continues to Grow: Report

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The only winner

With CBOE pulling the plug on Bitcoin futures due to its inability to compete with its Chicago-based rival CME, there is a clear winner in this race. While Diar calls CBOE ‘the biggest loser’, Grayscale's Bitcoin Investment Trust (GBTC) is not exactly on the winning side, either. It now accounts for 24 percent of the market, lagging behind CME (a far cry from its 50 percent market share back in January 2018).

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New heights

The dominance of institutional products has been steadily rising since January. As of April, institutional money is responsible for 19 percent of the total Bitcoin trading volume (almost 8 percent more than during the market peak in January 2018). However, it has yet to match its 24 percent market share that was recorded in July.

Cover image via u.today
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