Crypto website CCN has officially shut down today after the latest Google Core Update rolled out showing that the searches for the website dropped by more than 70 percent on mobile overnight. In the latest cryptocurrency news today, we take a look at what this website has achieved over the years.
The data from SEO analyzer Sistrix shows that the visibility of the website on Google dropped from 1.2 to less than 0.6 which according to the website they have reached lower levels in the past. However, they added more people to the team who worked both full-time and part-time and they did not want to fire anyone from the team. The change after the Google Core Update is directly impacting the team of the website since they only made money by the advertisements featured on the website.
What is also really important is that the revenue of the company dropped by more than 90 percent after they found out that the stories they publish never made it to Google. The team asked for guidance from the Google Webmasters forum which didn’t really give a valid response. In contrast, some of the other best cryptocurrency news sites such as CoinDesk experienced a 34,6% drop on Google and Cointelegraph experienced a 21.1% drop on mobile.
CCN as a crypto website was not the only one heavily hit by Google’s June 2019 Core Update and according to the article written on the website we can read that:
‘’While it is great for Daily Mail, and us, to receive help, the help is really not at all helpful. As Google has confirmed, even they do not fully understand how Google’s RankBrain works. And unless someone – anyone – who actually worked on the June 2019 Core Update at Google explains what is going on, all we can do is to “guess, speculate, and experiment” as far as our bank accounts allow us to.’’
CCN was founded back in 2013 as CryptoCoinNews and had the highest amount of traffic worldwide over a period of six years. The website was among the leading news publications sites both in Europe and America growing with zero funding and from a team of one to a team of more than 60 people.
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“With Skyweaver using Ethereum, it means you can send your cards to your friends, trade them with other players on our platform, trade them on another website, buy/sell them on Reddit, burn them, lend them to people that want to play with your cards while you are on vacation, etc. Basically, we can't prevent you from doing whatever you want with these cards, just like physical cards.”SkyWeaver is now working in a private beta and is expected to launch later this year and in the meantime Horizon is inviting new players to try out the game every week as we read in the reports in the coming altcoin news.
Crypto Exchange Poloniex Drops 23 Pairs Due To Low Volume
‘’We will be removing 23 trading pairs on August 16, 2019, due to low volume. Note that each asset will continue to be independently tradable.’’More than half of the listed pairs are in ETH, about six are XMR pairings and the rest are stabelcoin pairs for the various obscure altcoins. Some of them include Loom Network/ USDT which has $50 traded in the past day, Status/USDT with just $157, Bancor/USDT trading only $75 per day, FOAM/USDC and the worst performing pair which is the Khyber Network/USDT. Some of the ETH pairs were popular altcoins with high volumes such as Golem, Qtum, GAS, Steem, OmiseGO and Civic but after bitcoin, Ethereum and Zcash as top pairs on the exchange, all others burst into flames. The Monero paris aside from BTC and stablecoins will also be dropped because of the low volumes. This could only be the case of falling volume on that particular exchange because the same pairs on Binance are doing really well. Compared to two years ago in 2017, the altcoin scene looked a lot different than today and many of the altcoins have now falled off the digital cliff in terms of token price regardless of other developments on the project by the respective teams. Two years ago in August, IOTA was the fifth largest cryptocurrency by market cap which was priced at $0.94 with a $2.6 billion market cap. Today as we can read in the latest cryptocurrency news, IOTA is struggling to say in the top twenty and is down by more than 75%. The Crypto Exchange Poloniex drops the pairs and we shall see if any major fluctuations will happen.
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