CoinMarketCap launches Block Explorer for Bitcoin and Ethereum

Another blockchain explorer for Bitcoin and Ethereuem goes live.
CoinMarketCap taps the segment amid the fight against fake trading volumes.

Tanya Abrosimova Independent Analyst

Popular cryptocurrency data portal CoinMarketCap has launched a proprietary block explorer for two major cryptocurrencies with the biggest market value - Bitcoin and Ethereum.

The platform announced the launch on Twitter and received many excited comments.

When it comes to functionality, the explorer developed by CoinMarketCap is very similar to other services of the kind available on the market. The main page presents the overview and the general information about Bitcoin and Ethereum, including their market value, number of coins in circulation, current hashrate and the maximum supply.

Apart from that, users may get publicly available information about specific addresses, including their balances, incoming and outgoing transactions, the fee and the transacted amount. Also, the service provides data on the state of Bitcoin and Ethereum blockchains, the newest block and the blockchain difficulty.

Recently, CoinMarketCap created an alliance with leading cryptocurrency exchanges to fight fake data on trading volumes. The Alliance is supported by Binance, the largest cryptocurrency exchange by trade volumes.

Author

Tanya Abrosimova

Independent Analyst

Ripple Price Forecast: XRP recovery dims as demand cools

Ripple (XRP) maintains narrow range trading on Monday, with support at $1.10. The token's upside remains largely constrained, as major moving averages trend downward, aligning with low demand in both the institutional and retail markets.

Crypto Today: Bitcoin, Ethereum, XRP hold key support as US and Iran agree to halt strikes

Bitcoin (BTC) maintains a neutral-to-bullish outlook, trading above $65,000 on Monday. Ethereum (ETH) is approaching the key supply and inflection point $2,000, while Ripple (XRP) hovers slightly above $1.10, underscoring a marginal improvement in the broader cryptocurrency market sentiment.

Shiba Inu Price Forecast: The three factors driving SHIB's mystery rally

Shiba Inu (SHIB) price is down 3% on Monday, reflecting a potential profit-driven pullback after rising over 25% over the last two days. The mystery rally in SHIB has outpaced the minor recovery seen in other meme coins, with data suggesting it is linked to supply burns, the Korean market demand, and ecosystem expansion.

Bitcoin options traders are dropping their hedges going into the Fed meeting

Bitcoin's options market has turned notably less defensive over the past month, unwinding the downside protection traders built up in June just as the Federal Reserve prepares to meet.

Bitcoin: BTC holds firm, but the $100 Oil threat could change the game

Bitcoin (BTC) is modestly recovering, trading at $65,400 on Friday and holding firmly above the key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) supported BTC’s modest recovery as they continued to attract institutional inflows through Thursday, pointing to the third consecutive week of inflows.