Was CCN’s Google Update a Journalistic FUD? Crypto Community Thinks So!

By Tabassum
Published June 12, 2019 Updated June 12, 2019
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Source: CCN

Was CCN’s Google Update a Journalistic FUD? Crypto Community Thinks So!

By Tabassum
Published June 12, 2019 Updated June 12, 2019

On June 03, 2019, Google rolled out a new update to its algorithm which eventually affected many websites that pushing out content regularly on its website. Although many media websites, more specifically, finance and healthcare opened up their contempt to Google’s latest effort, on the other hand, CCN which is one of the oldest crypto media announced its shut down effort a week later.

Truth or Marketing Stunt?

The announcement entitled ‘CCN is Shutting Down after Google’s June 2019 Core Update’ – which was such a lengthy post seems just a marketing stunt for few members of the crypto community. This is because, CCN on June 12, 2019, broke out yet another announcement which is a completely opposite side of its earlier one, that was made on June 10, 2019.

Nevertheless, CCN on Wednesday, June 12 published a new post, entitling ‘CCN Markets is Rising From the Dead’ which wasn’t well-received by market leaders and crypto community. The article notes that;

Whether or not the Google June 2019 Core Update is to blame, we are fixing it. We’re receiving help from multiple SEO teams to understand what has transpired, CCN article reads. There’s still a good chance that this won’t correct our visibility on Google overnight, but I’m hopeful we are on the right path to figuring it out.

Google’s SEO is absolutely bothering many websites, however, CCN’s effort presenting its declining graph of audience rate along with including the low performance of other major media including Coindesk and Cointelegraph turned out to be a topic of concern on June 10 and June 11. This, in turn, resulted as a news topic for many crypto media including Coindesk which has also updated an article on CCN’s announcement very quickly. In fact, Coindesk’s article ‘CCN Shuts Down After Major Google Search Update’ stressed other crypto-related news sites and they followed the suit.

However, what seems to be more stressing is just a marketing stunt according to Larry Cermak.

Consequently, the crypto community on Twitter shouting out adding

’This is the saddest publicity stunt I have seen in years!, journalistic FUD and so on.

Besides that, Peter McCormack who is a Mommy Blogger and one of the renowned crypto influencer, says that;

But, it Worked for CCN

On a similar concern, Mr. Sunil Sharma whose name counts among the top 50 Tech leader states;

This has gotten the attention of Mati Greenspan, eToro’s senior market analyst who shared a quite different view. According to him, so-called ‘Marketing stunt worked for CCN’ – as in a very short period of time, CCN’s shut down news got spread as the hottest bulletin.


So readers, what’s your view on CCN’s latest update of ‘We Are Back’? Do you also think CCN tried marketing stunt or a journalistic FUD? Do let us know in the comment below. 


The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
About Author
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Tabassum is a full-time content writer at Coingape. Her passion lies in writing and delivering apt information to users. Currently, she does not hold any form of cryptocurrencies. Follow her on Twitter at @Tabassumnaiz and reach out to her at Tabassum[at]coingape.com

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