Previous Takeaways
1/28/18
- Still Slipping: The recent price climbs have not translated into new user interest. Coinbase and Binance are still slipping down in ranks across the globe, falling out of the Top 200 Overall / Top 10 Finance in many countries where they had previously been Top 30 Overall / Top 3 Finance. Huobi had a brief spike in several countries earlier this week, but it has now dropped like a rock. A few days ago most countries topapps were falling below their best November/$10K levels; now many are falling towards their best October levels, with little sign of levelling off.
- Bright Spot In Japan: In a stark contrast to the global slump in interest, Japan is steadying. Post-heist Coincheck lost its month-long run as the #1 Finance app in Japan, but it has simply been replaced by bitFlyer (#1). And while the old #3 Binance has all but disappeared, a new one - DMM Bitcoin - has jumped up to #2. The players have shifted, but crypto apps are still the Top 3 finance in Japan - with at least one #33 Overall or higher - as they have been nearly every day this year.
1/22/28
- Streams Drying Up: Huobi is holding near record strength in Nigeria and steady strength in India,but everywhere else ranks continue to fall across the board. Coinbase was the #1 Finance app at some point in each of the last three months in the US and UK, and now it's bobbling out of the Top 10. South Korea had one (and sometimes two) Top 5 overall apps throughout much of the last three months, and now Upbit is falling out of the Top 50. Japan is one of the few countries that, while also off its peak, is still stronger than pre-December, holding a #1 Finance app and the Top 20 overall.
1/18/18
- Shifting Players but Mania is Stabilizing: South Korea continues to slump, but Japan's coincheck wallet has actually slipped up to a record #9! In the developed world Binance continues to drop in many countries, but it's holding steady in the Netherlands, and Coinbase is bouncing back across the board. In the developing world, an app for Huobi (BTC/ETH/LTC) has taken up the slack left by Zepbay (BTC) in India, as well as rocketing to record highs in Nigeria and climbing up the ranks in many smaller developing countries as well. Overall we are still well off the high volumes before this week's crashes but interest has stopped declining, and is even to record highs in various countries around the world.
1/16/18
- South Korea Drop: SK had the biggest mania by far this month, with *two* apps in the overall Top 5 for over a week. But now comes the hangover, with both apps slumping out of the single digits.
- Stabilizing Elsewhere?? It's too early to say and there's lots of volatility, but the rest of the world shows some teases of stabilizing. Binance has been keeping new user registration mostly open, and has bounced back a tiny bit from yesterday's plummet in most countries. Japan still has crypto apps in the Top 2 finance, and Luno still holds #3 Finance in South Africa, as both countries have all month. Coinbase is still dropping in the US, though the top 2 *paid* Finance apps are still crypto (though that's a smaller and less relevant market). If any of those constants start to slide, we'll know the bottom is really starting to drop out.
1/15/18
- EVERYTHING IS DOWN! Binance and Coinbase are plummeting across the world, dropping out of the Top 100 or 200 in multiple countries to their lowest ranks of the year. Binance has been open to new users today for 18 hours straight, but interest is starting to wane.
- Silver Linings: But here's some half-full glasses for you bulls. Bithumb and Upbit are both still Top 5 apps in South Korea. Luno (BTC/ETH) hasn't fallen far in Nigeria and South Africa (holding the #3 finance app there for over tweeks), and neither has coincheck's Bitcoin wallet in Japan (still holding #1 in finance there). Will these new buyers be enough to stave off the panic sellers before that alt-flight-to-BTC that's gotta be just around the corner? Stay tuned... The next 24 hours are critical (TM)!
1/12/18
- Africa up: Luno (BTC/ETH) continues to shine brightest, with the app up to 10-day highs in South Africa (#8 on Apple) and Nigeria (back in Top 100 on Google)
- Japan steady: Japan's held down the Top 3 finance spots with crypto apps for 12 straight days, and all 3 are near-record highs on the overall chart.
- South Korea down: Bithumb and Ubit slip to 7-day lows, with Bithumb falling all the way to #10 on Apple, though Binance climbs for a fourth straight day to a record high of #27.
- Binance mixed: With new registrations tenatively open for longer time periods, we're seeing record high ranks for South Korea and China, and near-records for Germany, Netherlands, and Japan. But new downloads are also slumping to 9-day lows in countries as diverse as Turkey, Nigeria, India, and Mexico.
- Coinbase stalling: In places like the US, UK, Australia, and Netherlands, Coinbase jumped back into the Top 100 last weekend and has held steady since, mostly in the 40's-70's range, depending on the country. But while it's still chugging near 10-day highs in the UK, and it's climbed four straight days in Canada, it's looking nervous elsewhere (i.e. down to the 90's in US and AU on Apple).
1/11/18
- SK Dethroned: The FUD-OF-THE-DAY has knocked the Korean exchange pairs Bithumb and Ubit off their five-day run at the top of the charts, knocking them all the way down to... Numbers 3 and 5.
- Africa Strength: Meanwhile, Luno (BTC/ETH) has been rising for several days in Nigeria and South Africa, where it's back in the Top 10 for the first time since the December peak.
- Open Wide The Gates: Binance's "limited" registration window for new users has now been open for over 17 hours, the longest since it closed for maintenance upgrades last Friday. The app has risen to new highs in Japan and China, and is maintaining healthy volume elsewhere, including marking its 8th straight day in the Top 20 overall in the Netherlands.
- Coinbase: While marking its 5th straight day as the Top finance app in the UK, mania is cooling off in the US, where Coinbase continues to flirt with falling out of the Top 80 on both Google and Apple charts, bouncing off monthly lows (though Binance, a few spots down, has undoubtedly taken some market share).
- Meanwile, Sweatcoin is taking a turn as the #1 free app in the US... Don't ask...
1/10/18
- The Sweatcoin Steal: I have a confession to make... Teeeeechnically the top crypto app in the US is Sweatcoin, which apparently gives you coins by mining (and covertly draining your phone battery) while you walk, which you can redeem for rewards. Perfectly timed for the New Year resolution rush, this bubbalicious bonanza has boomed up to #2 on Apple's free chart. But the centralized coin's apparently not even tradeable, so I'm keeping my analysis on the Coinbases and Binances of the world...
- Asia Mania: Japan still has its crypto-lock on the Top 3 finance apps since January 1. And Bithumb and Upbit are both still shuffling in the Top 3 Overall in South Korea.
- Non-Asia Hanging On: Even as alts bleed, Binance is holding steady with users still lining up at the gates for its limited new registration periods, still down from last Friday's peak but well up from even a full week ago. Coinbase is holding steady on the strength of the ETH run, still down from December peak but above November and earlier in most countries.
1/9/18
- The ETH Shuffle: The alt party has shifted back to ETH, and it's tilting some new users away from grab-bag exchanges and back to the originals. Binance is mostly leveling off, down modestly from last week's peak, while Coinbase (BTC/ETH/BCH/LTC) and Luno (BTC/ETH) are still pushing up towards some of their best showings since last month's peak.
- Asia Mania: Japan still has its crypto-lock on the Top 3 finance apps since January 1. And South Korea is still South Korea, with 2 of the Top 3 Overall apps.
- But Not In India: However, Zebpay, the Bitcoin-only exchange for India's 1.3 billion people, is falling to its worst rankings since Thanksgiving, and Binance is levelling off quite a ways below it.
1/8/18
- The Binance Spigot: Binance did some upgrades and turned limited registrations for new users back on this morning just in time for today's flash crash! But the app had healthy downloads throughout the weekend from new users itching to get into the game... After a three-day pause we may start to see what impact these new bursts of users will have on prices, once the dust settles on the whiplashing...
- Bitcoin interest still strong: Rankings for Bitcoin-focused apps surged late last week after a few green candles, and surprisingly haven't levelled off much despite a couple big reds... Well, Coinbase in the US dropped from ~50 to ~80, but Netherlands (40's), Australia (50's), and UK (60's) are holding steady. Coinbase is back over Binance in Germany as the #5 Finance app, its best rank of the year. The Luno wallet (BTC/ETH) topped Binance in Nigeria, and is also holding onto the Top 20 in South Africa.
- South Korea don't care: Unfazed by the latest price movements, Bithumb and Upbit still share two of the top 3 spots in both major app stores.
1/7/18
- A Tale of Two Exchanges: Binance faked me out after I called its top Friday and it shot up to newer highs. #10 in the Netherlands! #27 in Australia! Ripple was still topped but I guess that fever for fast gainz was sending noobs to the next hot pumps - it's alts all the way down! But today the fever looks a little more relaxed - Binance is now down to where it was about three days ago in most countries. But it's still trading back and forth for the top spots with Coinbase in places like US, UK, and Germany, and truth is, both apps are looking pretty strong.
- A Tale of Two Exchanges, Pt. II: In South Korea, Bithumb was finally dethroned by Upbit on both Google and Apple. (Upbit offers even more alts than Bithumb, if that gives you a clue.) Upbit's holding #1 on Apple, followed close by Bithumb at #2. On Google, Bithumb leads at #2 and Upbit has #3. Truth is, we've got two competitors both still sucking in lots of new users... Bulls say mania is clearly at record levels; bears say by tomorrow night there won't be a single person left in the whole peninsula who hasn't bought into every alt-alt-alt-coin in existence; I say I don't have a clue and neither do you!!!!
1/5/18
- Return of the Bitcoin: Today's only takeaway. Ripple's fever broke yesterday and with it so did Binance's rising dominance. Yesterday Binance briefly eclipsed Coinbase on Google Play even in its strongholds of the US and UK, but today Coinbase is back on top, even in Germany, and reaching even higher than its last few days as Bitcoin teases back towards its ATH. Binance is now down slightly in every tracking country, though still pulling in way more new users than two days ago. Bitcoin-focused apps are surging back up. In South Korea, old general Bithumb, which rode the alt run up to #4, is now back to its all time peak at #2. Of course, since Binance trades BTC also, this "unflippening" didn't have to hurt it. This all could suggest that most of Binance's new users were flocking to trade XRP and other alts, but Coinbase - not Binance - is still seen as the "goto" for newcomers attracted by news of rising BTC. But what are new Binance users coming for now? Stay tuned and hodl on to your hats... Things could get bumpy...
1/4/18
- Most since Christmas: The record volume of new users peaked with the ATH last month, but the drop has levelled off over the last few days, and today the latest alt runs pushed mania to the highest fever since Christmas. Bithumb is back to #4 in South Korea and Coinbase is back in the top #100 in the US and Australia.
- Binance: Binance continues to improve its market share, bursting into the Top 400 in Germany, the Top 300 in South Africa, the Top 200 in the US and UK, the Top 150 in South Korea, the Top 60 in Australia, and the Top 30 in the Netherlands, among many others.
- India cooling off: The world's second most populous country continues to cool off, where bitcoin app Zebpay has fallen from #11 to #20 in the Finance category, and off the Top 500 altogether. Binance has been crawling up the #40's in Finance the last few days but is not exactly picking up the slack there yet.
1/3/18
- South Korea: Mania remains strong in South Korea, where the Bithumb app still refuses to fall out of the top 6.
- Binance: Even in countries where the top app is stagnating or falling (Coincheck in Japan, Zebpay in India, Coinbase in the US), Binance is storming the charts all over. Today it broke into the Top 100 in Australia, Top 200 in South Korea, Top 25 in Japan and the UK, and back into the Top 50 in the Netherlands.