Rethinking Bitcoin's $10 Billion Market Cap
Amid increasing hype about blockchains and distributed ledgers, the value of global cryptocurrency markets has risen rapidly so far in 2016. As of mid-June, the value of all blockchain-based currencies in circulation was $14.37tn, and the price of bitcoin was, as it has been historically, a leading driver of this growth. At June's highs of $700, the price of bitcoin had risen almost $300 since the end of May. As the value of bitcoin continues to surge, many have looked at bitcoin’s market capitalization as an indication of bitcoin's value. With a total value of all bitcoins in existence at....
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DAOs are believed to be the most efficient and important coordination tool for businesses and other organizations nowadays. In the first part of this article, we talked about the many benefits we saw during 2021, but like in any innovation, there are worries about what it might all mean in the future. Related Reading | What DAOs Can Do: Social Movement Or Playground? Rethinking 2021 – Pt. I Worries Of The Year One of the worries that popped out in 2021 was taxes: are DAOs being responsible enough to educate their members on the taxes they will likely be subject of? If not, 2022 might....
The latest column from CoinDesk's chief content officer features big ideas for rethinking government in the internet age.
The stablecoin economy has grown during the last month as the market capitalization is now only $10 billion away from reaching the $200 billion mark. While the largest stablecoin, by market valuation, tether (USDT) swelled by 3% during the last 30 days to $82 billion, terrausd (UST) has increased by 15.4% to $16.7 billion.
Stablecoin Economy Swells by 1.65% in 30 Days Nearing the $200 Billion Milestone
According to statistics on Monday, April 11, 2022, the stablecoin economy is worth $190.1 billion. During the last 24 hours, stablecoins have captured $68 billion in trade volume....
NFTs are the epitome of post-modernism in the crypto sphere. This phenomenon is a rethinking of past expressions of digital artwork and reflects the development of last century’s masterpieces. The success of NFTs has resulted in the growth of creativity among artists and creators of all kinds and the appearance of unique artwork on the […]
19 days ago, usd coin (USDC), the second largest stablecoin by market capitalization, had an overall valuation of around $48.82 billion and since then, it has continued to deflate down to today’s $44.93 billion. Statistics show that during the last three months, USDC’s market valuation has dropped by more than 19%, shedding approximately $10.59 billion.
USDC Sheds $3.89 Billion in 19 Days, $10.59 Billion in 3 Months
More than $10 billion worth of the stablecoin USDC has been erased from the project’s market capitalization since July 7, 2022. Bitcoin.com News....