Advertise
CoinTrust
BTC
ETH
BCH
SOL
DOGE
SHIB
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
No Result
View All Result

Home » China’s Latest Crypto Ratings Gives Thumbs Up For Bitcoin

China’s Latest Crypto Ratings Gives Thumbs Up For Bitcoin

Kelly Cromley by Kelly Cromley
Dec 25, 2018
in Bitcoin News, Market News, News
Reading Time: 3 mins read
0

Some changes have been made in the official report issued by the Chinese Center for Information and Industry Development (CCID). Bitcoin moved in the rankings significantly.

Bitcoin peaked at almost $20000 in December 2017. However, within a year its value fell by 75%. As at present, the fighting cryptocurrency is below the US Dollar $4,000 barrier.

The Chinese Center for the Development of the Information Industry (CCID) issued the seventh edition of the cryptocurrency and blockchain ratings. It is a division of the Ministry of Industry and IT. It was launched in May and initially included 28 crypto projects. Since its inception, however, five cryptocurrencies have been added to the list. This accounts for 33 crypto projects.

The ranking of the cryptographic projects was based on their fundamental technology, applicability, creativity and overall rating. In October, Bitcoin dropped to 19th place, while in this recent ranking it was 13th. The currency, however, is still below its best position in August to reach the top ten positions. In addition, other cryptocurrencies such as EOS and Ethereum still have top ranking positions.

The monthly Global Public Chain Technology Evaluation Index was upgraded by the Chinese cryptocurrency EOS. Ethereum, which was the first in the first edition, came in the second place. BitShares, Steem, Nebula, GXChain, NEO, and Lisk follow EOS and Ethereum. Ripple, Stellar and Komodo are the 10th, 11th, and 12th names in this list from China just above Bitcoin.

Bitcoin was given a 45.1 basic technology rating, which is the lowest on the list. Interestingly, while it is the lowest in basic technology, Bitcoin does more than compensate for innovation: it is the highest ranked name in the creativity category list. With regard to basic technology, EOS is at the top of the list and Ethereum is the leader in the applicability category.

The recent chaos surrounding Bitcoin Cash continues to affect the currency’s rankings as well: Bitcoin Cash has now dropped five names to the bottom of the list–scoring 45.6 in basic technology, 20.3 in applicability and 13 in creativity. One of the main reasons for the poor Bitcoin Cash ranking is the recent hard fork that has divided the Bitcoin Cash community.

Besides the above names, Stratis, Waves, Cardano, Monero, IOTA, Verge, Zcash and Sia are also included in this list.

Regarding future plans, CCID said

“CCID Blockchain Research Institute will also launch an in-depth evaluation report and application development report for public chains … We will also launch an advisory service and report on public chain technology assessment.”

A visual breakdown of the data, currently circulating on social media, is provided below.

Merry Cryptos, everybody. What would you like to find under your #ChristmasTrees?
Looking at the #CCID #rankings I would go for some $EOS and $ETH. Always bad news for $BTC in the 中国#blockchain #cryptocurrencies #China #MerryChristmas2018 pic.twitter.com/tXKHtyAOAT

— ETHerea Franklin (@ethereafranklin) December 24, 2018


Previous Post

Bitcoin Lightning Network Capacity Exceeds $2mln

Next Post

UAE To Become Top Destination For Crypto Entrepreneurs in 2019

Related Posts

chainbase

Chainbase Launches Token C to Power Decentralized Data Access

by Kelly Cromley
Jul 14, 2025
0

Chainbase, the entity behind the Hyperdata Network, has formally introduced its native token, known as C, in a move that...

artgis partners with hashepoch

ArtGis and HashEpoch Unite to Revolutionize Web3 Sports Finance

by Kelly Cromley
Jul 14, 2025
0

ArtGis Finance and HashEpoch have entered into a strategic collaboration, signaling a significant step forward in the integration of digital...

Binance Offers $250,000 For Information Leading To Arrest Of Hackers

Binance Launches Sharia-Compliant Crypto Staking Service

by Kelly Cromley
Jul 14, 2025
0

Binance has unveiled a new investment solution tailored to meet the principles of Islamic finance, aiming to serve a growing...

AEON

AEON Pay Expands into Nigeria with Seamless Crypto Payments

by Kelly Cromley
Jul 14, 2025
0

AEON, a Web3-focused cryptocurrency payment infrastructure, has officially extended its mobile payment service, AEON Pay, into the Nigerian market. This...

filecoin partners with theoriq

Filecoin Teams Up with Theoriq to Boost Web3 AI Agents

by Kelly Cromley
Jul 14, 2025
0

A new collaboration between Filecoin and Theoriq is set to reshape how users interact with Web3 infrastructure. Filecoin, recognized for...

Caffeine AI

Caffeine Empowers Web3 App Creation Through Natural Language

by Kelly Cromley
Jul 14, 2025
0

Caffeine, an innovative platform built on the Internet Computer (ICP) blockchain, is reshaping the landscape of decentralized application (dApp) development...

Next Post
UAE To Become Top Destination For Crypto Entrepreneurs in 2019

UAE To Become Top Destination For Crypto Entrepreneurs in 2019

  • Collé Ai

    Collé: Pioneering AI Web3 Platform Receives Investment Boost from BlackRock

    by Kelly Cromley
    May 13, 2024
  • Router Protocol and OpenWorldSwap Partnership to Revolutionize DEX Market

    by Kelly Cromley
    Aug 6, 2024
  • Hyper Foundation Launched to Boost Hyperliquid Blockchain Development

    by Kelly Cromley
    Oct 15, 2024
  • Central Bank of Saudi Arabia Teams Up with Ripple to Transform Cross-Border Settlements

    by Kelly Cromley
    Aug 17, 2023
  • GameStop’s Digital Transformation: Embracing Blockchain and NFTs

    by Kelly Cromley
    Feb 2, 2025

Recent News

chainbase
Market News

Chainbase Launches Token C to Power Decentralized Data Access

by Kelly Cromley
Jul 14, 2025
artgis partners with hashepoch
Market News

ArtGis and HashEpoch Unite to Revolutionize Web3 Sports Finance

by Kelly Cromley
Jul 14, 2025
Binance Offers $250,000 For Information Leading To Arrest Of Hackers
Market News

Binance Launches Sharia-Compliant Crypto Staking Service

by Kelly Cromley
Jul 14, 2025
AEON
Market News

AEON Pay Expands into Nigeria with Seamless Crypto Payments

by Kelly Cromley
Jul 14, 2025
filecoin partners with theoriq
Market News

Filecoin Teams Up with Theoriq to Boost Web3 AI Agents

by Kelly Cromley
Jul 14, 2025

Categories

  • Altcoin News
  • Analysis News
  • Binance Coin News
  • Bitcoin News
  • Blog
  • Cardano News
  • Ethereum News
  • ICO News
  • Legislation News
  • Market Forecasts
  • Market News
  • News
  • Ripple News
  • Solana News
  • Tether News
Trustpilot

Cointrust

  • About Us
  • Contact Us
  • Correction Request
  • Our Team

Legal

  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy

Popular

  • ICO Listings
  • Knowledge Base
  • All about Mining
  • Cryptocurrency Exchanges
  • How and Where to buy Cryptocurrency

Sitemap

  • News section
  • Sitemap
  • XML Sitemap

© 2024 CoinTrust.com.

CoinTrustCoinTrust

* DISCLAIMER: All information provided in CoinTrust is merely for informational purposes, we are not an investment advisor and not affiliated with any companies or ICO/Cryptocurrency Projects. To use this website you must accept our cookie policy, Disclaimer and Privacy Policies.

No Result
View All Result
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos

© 2024 CoinTrust.com.

We use cookies to ensure that we give you the best experience on our website.
If you continue to use this site you agree to allow us to use cookies, in accordance with our Cookie Policy.
I Agree