ethnews update

Update: App has been made available in Apple iTunes store as of May 25, 2017.

ETHNews has adjusted its site to display the market average price for the ETH/USD trading pair. Prior to this change, the default price was an aggregated average of all market currencies, converted to their equivalent USD price. This figure remains displayed as the "Global Converted Average" within the Global Market Statistics section. ETHERLive continues to provide the Global Converted Average alongside Global 24hr Volume and Market Caps, as they serve as an indicator of overall market conditions.

ETHNews is implementing this change due to an inflationary rate among Korean exchanges, which recently skewed trading data by as much as 40% in comparison to other market averages.

A preliminary fix (version 1.5) for the app is now available for Android and iOS devices. This update fixes the misleading data issue by displaying an average of all transactions conducted in USD, rather than an average of all global trading pairs.

A future update for the app (version 1.6) will add features such as separate price and volume data by currency markets, custom push notifications, and the ability for users to choose a default market pair in which they view prices. The version 1.6 update is scheduled to be available in the coming weeks.

ETHNews would like to thank users and readers who provided feedback on the app and site. Those valuable suggestions will help to improve the product.

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ETHNews’ proprietary Ether analysis tool, ETHERLive, delivers real-time price and volume data across 16+ exchanges to users in a complete and easy-to-understand package. Users can get up-to-the-second updates for each exchange/currency pair, as well as aggregated market averages for each exchange, currency, and market as a whole. It also provides a global converted average of all the currency pairs monitored by ETHNews and converts them to USD.

Jeremy Nation is a writer living in Los Angeles with interests in technology, human rights, and cuisine. He is a full time staff writer for ETHNews and holds value in Ether.
ETHNews is commited to its Editorial Policy
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