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 | GLOBAL CRYPTO MARKET CAP | |  | 24H CRYPTO MARKET VOLUME | | | BITCOIN'S DOMINANCE | | |
| | | All data as of: 29 Dec 2023 10 AM UTC |
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| TGIF! And today, we'll recap major developments from leading crypto data site CoinMarketCap over the past year. Let's dive in! |
| | CMC Crypto Fear & Greed Index | In 2023, CMC rolled out its own Fear & Greed Index after noticing most metrics focused solely on Bitcoin sentiment. And so CMC analysts developed a versatile gauge tracking overall market emotions across 5 key areas: - Price momentum - Volatility - Derivatives signals - Market composition - And proprietary CMC data The index shows a score from 0 to 100 spanning "extreme fear" to "extreme greed". Monitoring over time provides useful insight into sentiment extremes. But how can you use it in crypto trading? Read more! | |
| CoinMarketCap also launched CMC Labs this year - an intensive 12-month crypto startup accelerator program. The initiative aims to equip founders with specialized resources to thrive in a volatile industry. Participants gain insights on crypto market intelligence, operations, tokenomics, community growth, and other integral topics. Want to learn more about CMC Labs? Read the full story! | |
| 2023 also saw CMC announce its ChatGPT Plugin. This tool lets traders get immediate answers to complex crypto questions. It combines ChatGPT's analytics with CMC's real-time market data. Users can ask crypto questions and receive data-backed responses. The plugin processes each request, scans datasets, crunches numbers, and analyzes patterns to deliver informed answers. The best part? You can ask it to analyze previous patterns using CMC's accurate historical data to help you create trading strategies! Here is an article to guide you through the process! | |
| Mobile Website Gets Major Upgrades | It's no secret most crypto users access platforms via mobile. So CMC focused this year on improving smartphone and tablet experiences. Changes centered on simplifying, streamlining, and boosting flexibility. This included decluttering pages, shifting navigation for easier thumb access, and introducing modular design patterns. | |
| With the blistering pace of crypto innovation, CMC launched an X Space-like feature called CMC Live in 2023. This provides a platform to share ideas between industry experts and community members. Listeners can engage with speakers directly and gain market perspectives by asking questions in a supportive environment. Given the ocean of crypto information out there, inclusive spaces around understanding different viewpoints aid adoption. How can you access these sessions? Read more! | |
| Real-Time Bitcoin Halving Countdown | CMC also introduced a real-time BTC halving countdown timer this year. The halving marks a scheduled reduction in Bitcoin mining rewards approximately every 4 years. It restricts BTC issuance speed to ensure continued scarcity necessary for viability. With the event approaching in 2024, CMC launched a countdown. The adaptive timer calculates the exact remaining time based on the latest Bitcoin blockchain block data. No more guesstimates! How can you keep track of the next halving? Check CMC's Bitcoin Halving Countdown! | |
| Major Coin Details Page Upgrade | Finally, 2023 represented a huge milestone for CMC after 10 years...a makeover of its renowned Coin Details Pages! Enhancements focused on boosting flexibility, navigation and insights. This included expanded historical data downloads, added partner content integration, improved visual charts, and more. The refined pages aim to serve crypto discoverability and education readily in line with CMC's mission. We have prepared a guide for both traders and investors to learn how they can best utilize our news coin details page! | |
| And that's a wrap! Tune in next year for your regularly scheduled crypto feed. 👋 | |
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