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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Stefan has been writing articles for DCForecasts since 2016 in-house full time. As one of our main cryptocurrency writers, he focuses on covering the latest cryptocurrency news, technical charts, price analyses of coins and press releases. When he is not exploring and covering the latest topics in crypto, you can find Stefan playing basketball, tennis or cycling.
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