Bitcoin Market Cap Surpasses $5 Billion
Bitcoin's total market capitalization has exceeded $5 billion USD. The news comes just says after we posted about the market cap hitting $3 billion, putting the digital currency at a growing rate that is so very impressive. The chart above will give you some level of understanding as to just how fast Bitcoin is growing as the mainstream gets accustomed to its presence. The major spike at the right of the chart from Oct/Nov dwarfs this year's previous highs - over $2.5 billion market cap in April of this year. Can Bitcoin sustain this level of growth? Where do you think we'll be by the end....
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Grayscale Investments has surpassed $10 billion in cryptocurrency assets under management. About $8.85 billion are held in the Grayscale Bitcoin Trust, which now holds more than 500,000 bitcoins. Over $10 Billion Under Management Grayscale Investments announced Tuesday that it has surpassed a major milestone in cryptocurrency assets under management (AUM), which the total now stands at $10.4 billion. The company offers 10 cryptocurrency products, all of which are single-asset trusts except the Digital Large Cap Fund. Most of the funds are held in the Grayscale Bitcoin Trust (GBTC), which....
Today, Bitcoin's market capitalization has once again surpassed the 2.5 billion USD since the second quarter of 2013. While a 2.5 billion USD market cap is considered "chump change" in general economics, it's a great bit of news in the Bitcoin community. The news shows great signs of growth of the cryptocurrency. The question is, will the growth continue even further?
2020 has been the year of stablecoins, as the token supply has doubled in the last three months. The aggregate market capitalization of 28 stablecoins captures over $20 billion on October 4, 2020. While tether still dominates the stablecoin ranks, USDC has been moving closer toward the top ten crypto coins. USDC is also the only stablecoin with market capitalization greater than $1 billion other than tether. This year quite a bit of money has flown into the stablecoin economy and just recently all the stablecoin tokens in existence captured a $20 billion market valuation. This means all....
The crypto economy has gained a massive amount of value during the last few days, as the aggregate market cap of all 7,500+ digital assets is a whopping $640 billion on Thursday. Meanwhile, the largest blockchain in terms of valuation, bitcoin has touched an all-time high of $23,777 rising more than 22% in 24 hours. Digital currency markets are doing extremely well this week, as a great number of coins have seen significant gains during the last three days. At $640 billion, the aggregate market cap of all the crypto assets in existence is up over 15% on Thursday. Bitcoin (BTC) recently....
This weekend, the non-fungible token (NFT) marketplace Opensea surpassed $10 billion in all-time sales. Statistics show that 629,867 traders contributed to the $10 billion in sales and the average sale price since the NFT market’s launch is $872 per NFT.
Opensea Cracks $10 Billion in All-Time Sales
NFTs have become very popular in 2021 and the trend continues toward the end of the year. Just recently, Bitcoin.com News covered the NFT industry and market action data compiled by nonfungible.com. The report had shown 2021’s third quarter broke records surpassing the....