{"id":78675,"date":"2026-09-26T01:21:10","date_gmt":"2026-09-26T01:21:10","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/binance-owned-coinmarketcap-buys-coinglass-as-data-debate-grows\/"},"modified":"2026-09-26T01:21:10","modified_gmt":"2026-09-26T01:21:10","slug":"binance-owned-coinmarketcap-buys-coinglass-as-data-debate-grows","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/binance-owned-coinmarketcap-buys-coinglass-as-data-debate-grows\/","title":{"rendered":"Binance-Owned Coinmarketcap Buys Coinglass as Data Debate Grows"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Coinmarketcap acquired Coinglass, adding derivatives data across 28 exchanges and 2,500+ instruments.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">The deal gives Coinmarketcap deeper leverage data for 115M monthly users, raising concentration concerns.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">The next question is whether Coinglass will continue to stay independent as Binance-linked ownership deepens.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Coinmarketcap Adds Coinglass to Build Deeper Crypto Market Data<\/h2>\n<p>Coinmarketcap is expanding from price tracking into the deeper plumbing of crypto market structure.<\/p>\n<p>The <a href=\"https:\/\/coinmarketcap.com\/academy\/article\/coinmarketcap-acquires-coinglass-bringing-crypto-derivatives-data-to-the-worlds-most-referenced-crypto-price-tracker\" target=\"_blank\" rel=\"noopener noreferrer\">company\u2019s statement<\/a> on Friday, Sept. 25, said that it has completed the acquisition of Coinglass, the derivatives data platform widely used by traders to monitor open interest, funding rates, liquidations, long-short positioning and options activity.<\/p>\n<p>Financial terms were not disclosed.<\/p>\n<p>Coinglass covers 28 exchanges and more than 2,500 instruments, while reportedly serving over 5 million monthly users, with more than 10,000 API customers. Coinmarketcap says its own platform reaches roughly 115 million users each month.<\/p>\n<p>That combination gives the buyer access to a much broader view of how leverage is building across crypto markets.<\/p>\n<figure id=\"attachment_850790\" aria-describedby=\"caption-attachment-850790\" style=\"width:1180px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-850790\" class=\"wp-caption-text\">Source: Coinmarketcap on X<\/figcaption><\/figure>\n<h2>Coinglass Data Will Feed Into Coinmarketcap<\/h2>\n<p>The strategic logic is straightforward.<\/p>\n<p>Coinmarketcap already dominates the retail-facing layer of <a href=\"https:\/\/www.bitcoin.com\/price\/\" target=\"_blank\" rel=\"noopener noreferrer\">crypto market data<\/a>, including prices, rankings, and asset information. Coinglass adds the derivatives side, where much of the market\u2019s risk is expressed.<\/p>\n<p>\u201cDerivatives are where most of the market\u2019s risk is taken, and Coinglass is where most people go to see it,\u201d Coinmarketcap CEO Rush said.<\/p>\n<p>Coinmarketcap plans to integrate Coinglass data into its broader market-data offering, including open interest, liquidations, funding rates and options metrics. For users, that could mean fewer jumps between platforms to understand both what moved and why.<\/p>\n<h2>Coinglass Says Its Product Will Stay Independent<\/h2>\n<p>Coinglass will continue operating under its existing name. The company said its website, mobile app, free tools, APIs, and pricing will remain unchanged for now.<\/p>\n<p>\u201cCoinglass will continue to operate as an independent business under the Coinglass brand,\u201d the company said.<\/p>\n<p>That reassurance matters because Coinglass has built a distinct following among active traders who use its heatmaps and derivatives dashboards as part of <a href=\"https:\/\/news.bitcoin.com\/price-predictions\/bitcoin-price-drops-below-85k-as-planb-maps-october-path-to-100k\/\">daily crypto market analysis<\/a>.<\/p>\n<h2>Binance Ownership Raises Data-Concentration Questions<\/h2>\n<p>The acquisition is attracting attention because Coinmarketcap itself was acquired by Binance in 2020.<\/p>\n<p>The transaction price was never officially disclosed, though reporting at the time suggested the deal could have been worth as much as $400 million, with much of the consideration reportedly structured in equity and BNB.<\/p>\n<p>That ownership link is now prompting concerns from some crypto traders.<\/p>\n<p><a href=\"https:\/\/x.com\/WhiteWhaleLabs\/status\/2103495170352144881?s=20\" target=\"_blank\" rel=\"noopener noreferrer\">White Whale Labs questioned<\/a> whether data from Coinglass would remain fully trusted under the broader Binance umbrella. Web3 educator Katherine <a href=\"https:\/\/x.com\/Katherine_XBT\/status\/2103496433244536886?s=20\" target=\"_blank\" rel=\"noopener noreferrer\">described the deal<\/a> as creating a more vertically integrated data stack, with spot prices, rankings, open interest, funding rates, liquidations, and options increasingly sitting within the same ecosystem.<\/p>\n<figure id=\"attachment_850795\" aria-describedby=\"caption-attachment-850795\" style=\"width:1198px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-850795\" src=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/09\/binance-owned-coinmarketcap-buys-coinglass-as-data-debate-grows-2.png\" alt=\"Binance-Owned Coinmarketcap Buys Coinglass as Data Debate Grows\" width=\"1198\" height=\"364\" srcset=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/09\/binance-owned-coinmarketcap-buys-coinglass-as-data-debate-grows-2-300x91.png 300w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/09\/binance-owned-coinmarketcap-buys-coinglass-as-data-debate-grows-2-1024x311.png 1024w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/09\/binance-owned-coinmarketcap-buys-coinglass-as-data-debate-grows-2-768x233.png 768w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/09\/binance-owned-coinmarketcap-buys-coinglass-as-data-debate-grows-2.png 1198w\" sizes=\"auto, (max-width: 1198px) 100vw, 1198px\"\/><figcaption id=\"caption-attachment-850795\" class=\"wp-caption-text\">Source: White Whale Labs on X<\/figcaption><\/figure>\n<p>Those concerns are about perception as much as product functionality.<\/p>\n<p>Coinglass says nothing is changing for users today. But strategically, the acquisition is significant: one of crypto\u2019s <a href=\"https:\/\/news.bitcoin.com\/market-updates\/bitcoin-price-eyes-96-7k-etf-demand-spot-volume-rise\/\">most-used price platforms<\/a> now owns one of its most-used derivatives intelligence tools.<\/p>\n<p>For traders, the result could be a more powerful data product. For the industry, it also raises a bigger question about how much crypto market information should sit under one corporate roof.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/blockchain\/binance-owned-coinmarketcap-buys-coinglass-as-data-debate-grows\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Coinmarketcap acquired Coinglass, adding derivatives data across 28 exchanges and 2,500+ instruments. The deal gives Coinmarketcap deeper leverage data for 115M monthly users, raising concentration concerns. The next question is whether Coinglass will continue to stay independent as Binance-linked ownership deepens. Coinmarketcap Adds Coinglass to Build [&hellip;]<\/p>\n","protected":false},"author":3947362377,"featured_media":78676,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/78675"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362377"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=78675"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/78675\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/78676"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=78675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=78675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=78675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}