Tether’s Half-Trillion Valuation Goal Catches Ark Invest’s Attention
Tether, the company behind the widely used USDT stablecoin, is said to be in talks for one of the biggest private fundraisings in crypto history. Related Reading: Bitcoin Miner TeraWulf Targets $3 Billion To Power Google-Tied Project According to multiple reports, the firm is exploring a $15 billion to $20 billion equity raise that could […]
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According to Jan3 founder Samson Mow, a new phase of Bitcoin adoption by nation-states may be close at hand, with governments moving beyond skepticism and toward active planning. Related Reading: Tether’s Half-Trillion Valuation Goal Catches Ark Invest’s Attention Mow told podcast host Danny Knowles that the shift often happens fast — “gradually, then suddenly,” he […]
Crypto pundit Rob Cunningham has outlined a scenario where Ripple could achieve a $7 trillion valuation based on the XRP price. The crypto firm is notably the largest XRP holder, which is why a significant surge in the altcoin’s price could increase the company’s valuation. Ripple Could Hit A $7 Trillion Valuation With An XRP […]
Bitcoin markets have been seeing a lot of action this weekend, as the price of the crypto asset touched another all-time high (ATH) at $28,378 per coin. Toward the end of 2020, the cryptocurrency’s market capitalization has crossed a whopping half of a trillion U.S. dollars in value. The leading cryptocurrency by market valuation, bitcoin (BTC), has climbed immensely in value during the last few days. At the time of publication, the asset is trading between $27,250 to $27,750 per BTC on Sunday morning (8-9:30 a.m. EST). A few days ago, on December 24, BTC was swapping for $23,796 per....
Earlier this year, to commemorate the occasion of Bitcoin having reached a $1 trillion market cap, the data-centric website Visual Capitalist ran a comparison. It looked at how long the major tech stocks had taken to achieve their own $1 trillion valuation compared to BTC. This analysis is interesting because you can chart the impact of technology on the time it takes to reach a $1 trillion market cap. As the earliest pre-internet tech pioneers, Microsoft and Apple had to wait over four decades to hit $1 trillion. The advent of the internet cut the time in half for dot-com babies Amazon....
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....