Investing.com, the number one rated financial markets app on Google Play for three consecutive years, serves over five million traders and investors. The company just released a dedicated cryptocurren
Investing.com, the number one rated financial markets app on Google Play for three consecutive years, serves over five million traders and investors. The company just released a dedicated cryptocurrency app that tracks more than 1,300 cryptocurrencies and their exchange rates.
Fusion Media owns Investing.com, whose main app covers over 75,000 financial instruments. Before this launch, the company included a cryptocurrency section within that broader platform. This new app focuses exclusively on digital currencies.
"We're launching the Investing.com cryptocurrency app due to the growing demand for real-time data and news for the digital currencies," Roy Michaeli, who heads cryptocurrency and financial data at the company, explained. The app serves existing crypto traders and potential ICO investors with all the data they need wherever they operate.
Usage patterns justified the move. In November, Igal Stolpner, Investing.com's head of growth, measured 25% of all page views—counting both apps and websites—flowing to cryptocurrency content. "Which is insane. It was less than one percent four months ago," he said in an interview with International Business Times.
The company taps seven exchange partners to monitor at least 1,364 cryptocurrencies in real-time. The exchanges are ANX, BTC Indonesia, Bitstamp, Bitfinex, Bittrex, Kraken, Poloniex, Binance, and Bithumb. Stolpner predicted the number of tracked tokens would climb as startups continued adopting the ICO fundraising approach.
Investing.com's cryptocurrency app delivers real-time price alerts, cryptocurrency news pulled from hundreds of sources, and technical analysis. Traders build customizable portfolios tailored to their needs.
The launch arrives amid explosive mainstream demand for digital currencies. The crypto market's total value swelled from $324 billion at the start of December to $638 billion by month's end—nearly doubling. Bitcoin held 44% of that market value, Ethereum 12%, and Bitcoin Cash 9%. Daily transaction volume hit approximately $50 billion, with more than 1,370 cryptocurrencies now circulating globally.
Bloomberg announced last week that its terminal service would add prices for Ripple's XRP, Ethereum, and Litecoin. International banks and investment firms subscribe to Bloomberg terminals.
