NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: REX Shares Claims Its DOGE And XRP Spot ETFs Will Be Approved By US SEC Tomorrow
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: REX Shares Claims Its DOGE And XRP Spot ETFs Will Be Approved By US SEC Tomorrow

Website Stats For Binance and CoinMarketCap Show Crypto Mainstream Adoption is Booming

Samuel Wan
Samuel Wan
5 years ago
3 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

In the long push for mainstream acceptance, crypto scores another win with data that shows both Binance and CoinmarketCap rising on Similarweb’s list of top-ranking investment websites.

.@Binance and @CoinMarketCap up to number 22 and 23 biggest websites in Finance, Investing. @Blockchain is number 44.

Monthly Website Visits:https://t.co/W2RqgwxEvV – 26.1 million https://t.co/37uBPjQjH1 – 32.8 million https://t.co/kL7rbv8hFK – 9.4 million pic.twitter.com/1I27Fe2WTQ

— nawaz (@Coinsmash_) June 7, 2020

Crypto is Encroaching on Mainstream

London-based Similarweb is a data analysis firm that gathers market intelligence for the purpose of tracking and growing internet share.

The company looks at 80 million websites across 240 categories in over 60 countries. Current information from the investing category shows that crypto firms Binance and CoinmarketCap are making their mark on mainstream finance.

Binance is currently placed 22nd, having risen two places. While CoinmarketCap is ranked 23rd and is up four places.

crypto firms Binance and CoinmarketCap rising in list of popular investment websites
Source: similarweb.com

Not only that, but the list of investing websites also includes firms that, although not fully crypto, do still dabble in it.

This includes trading platform, eToro who offers crypto trading alongside traditional stocks and commodities trading. As well as long-established trading firm, IG, who ranks 39th on the list, and like eToro, also covers the full market range.

With all of this in mind, it’s fair to say that cryptocurrency is beginning to incorporate itself more fully into the world of mainstream financial investing.

Crypto, as an investment class, is not recognized as legitimate by the mainstream, but the data from Similarweb shows changing sentiment.

Why Does the General Public Remain Largely Cautious of Crypto?

Even now, some eleven years after the launch of Bitcoin, crypto remains a divisive topic. Associations with fraud, terrorism, scams, and extreme volatility, which when coupled with a generally hostile press, have worked to defile the reputation of crypto in the eyes of the public.

crypto is a scam according to Vox
Source: twitter.com

What’s more, add to the mix a complex and technical onboarding process, enough to put off many noobies, and crypto presents itself as a daunting process.

Alon Muroch, CEO of Biox, a crypto asset tracking, and accounting software, states the complexity of the onboarding process presents a challenge for some people, especially those who aren’t tech-savvy.

As well as that, in terms of winning hearts and minds, Muroch also raises the point that the general public simply isn’t ready for the responsibility of keeping safe.

“I find that the average person simply doesn’t want to deal with the responsibility of private keys when simpler, more accessible vehicles are available.”

The Pandemic Situation is Forcing Fundamental Change

As tragic as the pandemic situation is, one silver lining to it all is the obligation to change that has been forced upon us all.

Justin EH Smith, a professor of History and Philosophy at the University of Paris observed that the situation has triggered many to reconsider ingrained ways of thinking.

“Any fashion, sensibility, ideology, set of priorities, worldview or hobby that you acquired prior to March 2020, and that may have by then started to seem to you cumbersome, dull, inauthentic, a drag: you are no longer beholden to it.”

In the case of the no-coiner general public, who were once comfortable with the status quo, the events of the past few months have shown stock markets are not the economy, and that the fiat system is a fraud.

After all, if infinite money printing is the answer then it must follow that fiat money is not as scarce as we have been led to believe.

With that, it’s no surprise that Binance and CoinMarketCap have both gained ground as legitimate firms in the eyes of the general public. And considering the way things are going, it won’t be shocking to see them rise higher in the rankings over time.

Featured Image from Shutterstock
Additional tags: BTCUSD, XBTUSD, BTCUSDT
Tweet123Share196ShareSend
Samuel Wan
Samuel Wan

Samuel Wan

Samuel Wan is passionate about different cultures and eating good food. He has years of experience working in business and finance — a burgeoning interest in Bitcoin and cryptocurrencies since 2017. UK based.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

hyperliquid-stablecoin-hylq-bets-hype-new-crypto-focus-tw

Hyperliquid引爆穩定幣通路革命 HYLQ策略押注HYPE成新興加密投資焦點

在這個資本與代幣合而為一的時代,炒作已非貶義詞,而是敘事的骨幹。當我們談論Hyperliquid時,不只是提到一個永續合約交易平台,更像是在說一部劇情急轉直下的現代金融劇,主角身上寫著「高槓桿」與「高...

Peter Chow 3 hours ago
Binance

Whispers Of CZ’s Return To Binance Push BNB Price Past $960

Changpeng “CZ” Zhao has stirred fresh talk that he may be stepping back into a bigger public role at Binance...

Christian Encila 3 hours ago
ethereum eth

Ethereum Price Prediction: Citi Caps Year-End at $4,300, But ETF outflows Challenge Outlook

Ethereum (ETH) has been consolidating between $4,200 and $4,700 after setting an all-time high last August. While many investors anticipate...

James Halver 4 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

ethereum

Ethereum Close To Local Bottom? Analyst Flags Drop In Binance Open Interest

Ash Tiwari 42 minutes ago
Solana

FalconX Moves 413K Solana Worth $98M – Impact On SOL Price

Christian Encila 1 hour ago
Bitcoin Price Faces Big Test

Bitcoin Price Faces Big Test – Resistance Could Decide Next Move

Aayush Jindal 3 hours ago

Premium Sponsors

Press Releases

  • 3 нискокапитализирани алткойна...

    13 hours ago
  • Топ алткойни за купуване, докато цената на Solana се доближава до исторически връх

    Топ алткойни за купуване, докато...

    15 hours ago
  • Najlepšie altcoiny na kúpu, kým cena Solany dosahuje...

    16 hours ago
  • ドージコイン 今後:ETF上場前の蓄積と価格分析が示す「事実売り」の可能性

    ドージコイン...

    17 hours ago
  • リップル 今後の行方:FOMC前に3ドルを維持、クジラが大量売却

    リップル...

    18 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.