Bitcoin’s market cap flipped Tencent on its way to $1 Trillion
You’re next, Google. At approximately $1 trillion, Bitcoin’s market cap has blown past Tencent, which holds a valuation of roughly $917.8 billion at time of publication, according to AssetDash rankings. Crypto’s largest digital asset is now sixth on AssetDash's list of top market cap companies across the globe. Google, officially known by its parent entity, Alphabet (GOOGL), holds the fifth spot with a market cap of approximately $1.4 trillion at time of publication."After reaching a new all-time high price mark, bitcoin surpassed Chinese tech giant Tencent, moving it up to the #6 spot....
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Bitcoin’s market cap broke the $1 trillion barrier without a final push from institutions — could their influence be overrated? In the history of financial markets, there are only a few tradable assets that have conquered this frontier. Currently, Bitcoin has the eighth-highest market cap among all tradable assets in the world, including equities and commodities. Among the top 10 exchange-tradable assets, it sits right above Tencent, which Bitcoin flipped on its eventual surge past the $1 trillion mark, below which stands Facebook, which was flipped earlier this month.Bitcoin is only one....
The crypto asset just won over the won. The market capitalization of Bitcoin recently rose above $1 trillion once again. Now the asset has surpassed the total market cap of the South Korean won.According to data from AssetDash, the Bitcoin (BTC) market cap is $1.057 trillion at time of publication. This exceeds the money supply of the South Korean won, which was estimated to be 1,178,748,600,000,000 KRW as of December 2020, and is currently valued at roughly $1.04 trillion. Bitcoin’s market cap rose above $1 trillion for the first time in February following the announcement that Tesla had....
Tencent, the Chinese technology and entertainment giant, announced the creation of its own metaverse-driven division. The division, named the extended reality unit, will be the one tasked with encompassing all metaverse-driven efforts, including hardware and software developments. According to reports, the company aims to employ over 300 in this unit, with Tencent giving it big importance even among executing cost-cutting measures.
Tencent Officially Announces Metaverse Division
Tencent, one of the biggest Chinese software companies, has taken another step toward getting into the....
Bitcoin’s market capitalization has crossed the $1 trillion zone after the price per coin surpassed $53,650 per unit. The valuation comes 145 months after the launch of the Bitcoin network on January 3, 2009. ‘The First Trillion Is the Hardest’ The price of bitcoin (BTC) has surpassed the territory needed to have a $1 trillion market capitalization. The valuation is a milestone to many crypto supporters who have rallied for the leading currency for the last decade. For the last two weeks, digital currency advocates discussed BTC’s slow and steady approach toward the....
Since plunging to the $29,000 range in late June, Bitcoin’s price has recovered more than 72%. The Bitcoin (BTC) price was back on the offensive late Sunday, touching $50,000 for the first time since May and signaling that the bull market was fast approaching its second leg. The BTC price peaked at $50,270.00 on Bitstamp, having gained 3% on the day, according to Cointelegraph Markets Pro. The largest cryptocurrency has a total market capitalization of $943 billion.The Bitcoin price briefly wicks above $50,000 on Bitstamp : Cointelegraph Markets ProOn-chain metrics recently suggested that....