Yahoo! Finance, the country’s largest financial information site, has begun handling the rate of virtual currencies.
In Yahoo! Finance, categories are divided into stocks, FX, mutual funds, etc., but the cryptocurrency is classified as “FX · Foreign Exchange” category.
The following eight currencies are currently posted.
- Bitcoin ($ BTC)
- Ripple ($ XRP)
- Ethicalium ($ ETH)
- Bitcoin cache ($ BCH)
- Light coin ($ LTC)
- NEM ($ XEM)
- Essaram Classic ($ ETC)
- Lisk ($ LSK)
The data posted in Yahoo! Finance is based on CryptoCompare, and the market capitalization of ripple is about 3.51 trillion yen, while the market capitalization of Eliaryu is about 1.59 trillion yen.
In Coinmarketcap, which is often used when referring to cryptocurrency data, the market capitalization of ripple is 1.47 trillion yen, while that of affiliation is 1.62 trillion yen, while that of affiliate is about 100 billion yen Become.
This difference is based on whether or not XRP possessed by Ripple is included in market capitalization or not. In YahooFinance, CryptoCompare, Forbes etc, YahooFinance and CryptoCompare, Forbes etc., the market capitalization including the company’s holding value is posted.
Ripple also makes a public opinion on this subject and claims that “current price × total assets = market capitalization” is the original method of calculating market capitalization. In other words, the official calculation method proposed by Ripple is that the market capitalization including the company’s holdings is correct.
Financial information site The domestic biggest Yahoo! Finance posts the market capitalization of ripples different from Coinmarketcap, so the method of calculating market capitalization in the future may be recognized here.
Article Source: Ripple, Coinmarketcap, Yahoo! Finance, CryptoCompare
Author: kaz 【Coin Desk News】 – Source Post: https://crypto-times.jp/yahoo-finance-starts-dealing-with-crypto/
Disclaimer: CoinNewsDesk.com is a crypto news portal, financial discussion forum, and content curator / aggregator. Articles on Coin News Desk are provided for informational purposes only. We are not an investment advisor and do not provide financial advice.
It’s also important to it is diligence and analysis, including consulting a professional financial advisor, No content on Coin News Desk makes up a recommendation to enter in any type of investment or to engage in any investment strategy present on this website.