Hi CoinCompanion, fad, bull market, price up, positive, FUD, bear market, price down, negative, which way are the prices going and why? It can make you go crazy, but it’s all part of the game. Crypto is not for the faint hearted. What is annoying is that Elon Musk is being hypocritical about bitcoin
. First came the positive news: “Buy a Tesla with bitcoin,” then it was, “Bitcoin is bad because mining takes a lot of energy. Buy Tesla with bitcoin discontinued”. Consequence, a negative impact on the market and falling prices. It’s not just Elon’s tweets that are the reasons why the prices have fallen significantly recently as FUD from China has also stir up some dust. At the time of writing, the bitcoin price is going sideways and $42,000 is the high that needs to be achieved to turn the negative sentiment to positive. If the majority of ‘experts’ are to be believed, we are still in a bull market, but with a bear trend. Time will tell.
Source: Giphy.com
Further in our Buzz of May, CoinCompare updates, overview of the crypto listings and delistings, the top 5 ups and downs and of course the recurring Best Deal provider of the month announcement.
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At CoinCompare we like to indicate what we are working on and what developments and updates are coming up. We think it’s important to give you, as CoinCompanion, a glimpse into our kitchen, so that you know what is going on. Given the amount of work involved, we will continue to focus on the following for now:
Below all crypto’s added and deleted in May at our largest providers:
Listed |
Delisted |
| Bitladon: Internet Computer (ICP), Shiba Inu (SHIB) |
Bitladon: – |
| Coinmerce: CELO (CGLD), Internet Computer (ICP), Sushi (SUSHI), yearn.finance (YFI) | Coinmerce: |
| Bitvavo: – |
Bitvavo: – |
| Coinbase: Cartesi (CTSI), iExec RLC (RLC), Internet Computer (ICP), Mirror Protocol (MIR), Tellor (TRB), Tether (USDT) | Coinbase: – |
| LiteBit: – |
LiteBit: – |
| Knaken: – |
Knaken: – |
| Binance: Eth. Classic (ETC), Internet Computer (ICP), Shiba Inu (SHIB) | Binance: – |
| BLOX: – | BLOX: – |
As of writing the total amount of unique and price comparable crypto, per the largest provider, are as following in compare to previous month:
Bitladon 214 (+2)
Coinmerce 155 (+4)
Bitvavo 88 (–)
Coinbase 60 (+6)
LiteBit 42 (–)
Knaken 35 (–)
Binance 33 (+3)
BLOX 30 (–)
———————————
CoinCompare 172 (+5)
CoinWall 251 (+3)
We started May with 167 crypto’s where we compare prices of. Due to some listings we now support 172 crypto where we compare prices of between providers. On CoinWall, where all offered crypto’s from our providers are displayed, we now support 251 crypto’s to choose from.
Hereby the complete overview of the top 5 biggest ups and downs:
Ups |
FOMO? |
Downs |
Buy the dip? |
| +216.58% Telcoin (TEL) | Bitladon | -72.84% SONM (SNM) | Coinmerce |
| +127.86% Polygon (MATIC) | Binance | -72.74% Internet Computer (ICP) | Binance |
| +69.23% Eth. Classic (ETC) | Binance | -69.35% LTO Network (LTO) | Coinmerce |
| +65.69% iExec RLC (RLC) | Bitvavo | -69.07% Venus (XVS) | Bitladon |
| +31.31% BitCanna (BCNA) | Coinmerce | -67.10% Dent (DENT) | Coinmerce |
Throughout the month, 14 providers with 173 price comparable crypto’s and 346 buying and selling prices have been monitored to conclude who is going home with the gold medal. Here are the Best Deal providers of the month May:
Bitladon! Not much news from Aalsmeer. Last month they had a successful promotion together with radio station SLAM!, where they gave away 1 whole bitcoin to a listener. A great action to introduce more people to crypto. In terms of best deals, Bitladon remains in 3rd place. In April, they had 83 hits with a 23.85% share. In May, 74 hits were registered with a share of 21.38%. A small drop of 2.37%, but enough for now to keep the bronze safe.
Read our extensive review about Bitladon here, to find out all the ins and outs of the broker from Aalsmeer.
Bitvavo! Things also seem quiet at Bitvavo. At least, no news is coming out. That doesn’t mean they aren’t doing anything behind the scenes, of course. Nevertheless, in May they retained the silver in Amsterdam. Where in April 95 hits were registered, in May 90 were registered with a share of 26.01%. A small drop of 1.28%. Will they rebound in June? Time will tell.
Read our extensive review about Bitvavo here, to find out all the ins and outs of the exchange from Amsterdam.
Coinmerce! In our previous buzz, we had indicated that Coinmerce’s prices were ‘incorrect’. Both the buy and sell prices had risen substantially, while Coinmerce had actually lowered its transaction costs. In the meantime, the prices have been corrected and seem logical again. Coinmerce had little news to report, besides the listings of CELO (CGLD), Internet Computer (ICP), Sushi (SUSHI) and yearn.finance (YFI). Still, they retain the gold in Amstelveen with 129 hits and a share of 37.28%. An increase of 1.65%. Congratulations Coinmerce! 
. See you next month at the same position?
Read our extensive review about Coinmerce here, to find out all the ins and outs of the broker from Amstelveen.
The best deal provider of the month is determined independently with the average of cumulating snapshots of buy and sell prices of all the best deals that are shown on our comparison page. Logically, the larger the variety of crypto offered, the most chance of becoming the winner. Yet, in the end it is still the price of the crypto that matters as it has to be comparable and shown as best deal. Discounts in Tiers and VIP levels are not included in the calculation. As deals change several times a day, due to the volatility of prices, the provider with the best deal can therefore change as well. Due to that fluctuation we take two snapshots per day to determine the best deal provider, with the most hits on our price comparison page, for that day.
