Cryptocurrency Mining Firm Marathon’s Market Cap Passes $1B
At the crypto market's 2017 peak, Marathon barely had $50 million in market capitalization.
At the crypto market's 2017 peak, Marathon barely had $50 million in market capitalization.
To track the progress and value of a digital currency, most people go to a website like CoinMarketCap or CoinCap.io to see the different tokens ranked by their current market capitalization. A digital currency’s market cap is the total supply of coins multiplied by the token’s current market....
When traders and enthusiasts talk about Bitcoin, the discussion will always turn to the market cap of this cryptocurrency — currently around $8 billion. But at the same time, there seems to be a lot of misconceptions about what this number means. The Truth Behind Bitcoin’s Market Cap. Bitcoin is....
Should it be a cause for worry that the price of the world’s top digital currency, Bitcoin, hit a new high with a seven percent increase in the past 24 hours? According to CoinMarketCap, the currency - as at the time of this publication - increased by 7.34 percent to push its market cap to....
It is “IPO season” in the stock market, and among the companies going public for the first time, is food-delivery firm DoorDash. In its stock market debut, the individual share price brought the total market cap above the entire Ethereum market cap instantly. One analyst calls....
For those that have been living under a virtual rock for the past three months, (don’t worry, there are plenty of people under this rock) – Open Bazaar has released their beta 3.0! Not sure what Open Bazaar is? That is okay check out Bitcoinist’s coverage of the market here and here For the....
A recent report by Consensys says the surge in decentralized exchange (DEX) volumes in Q3 of 2020 is down to their adoption of the automated market maker (AMM). According to the report, DEXs that use AMM, a software that algorithmically creates token trading pairs, now represent 93% of the....
Being part of the stock market is not as fun right now as it was a few years ago. Every day, a new financial disaster seems to be waiting just around the corner. After the trouble started brewing in China a few months ago, the Japanese stock market is the next one to plunge. The reason for this....
As I mentioned in this week’s market wrap up, the bull run that occurred in the Bitcoin market last week was most likely the result of market manipulation. The Bitcoin price increased from the $220 range to around $260 without any discernible causes, suggesting that the spike in demand came from....
Bitcoin has reached its highest-ever market capitalization, the measure of the total supply’s value relative to USD, per publicly-available market data. The post Bitcoin’s Market Cap Hits All-Time High appeared first on Bitcoin Magazine.
Recently, the discussion around Bitcoin “maturing” and becoming a respected mainstream asset, has prompted comparisons to the stock market, gold, currencies, commodities, and more. One notable difference between the stock market and Bitcoin is that the crypto market is always on, and....
The disappointed expectation in the price of the world’s top digital currency, which slumped to a low of $864 on Christmas Day, and the market cap that reversed on the previous gains to $13.88 bln is now being corrected, a push Indian market insiders say will continue till at least Q1 2017.....
The market downturn picked up speed on Tuesday, as the total cryptocurrency market cap plunged to its lowest point since May. There has since been a slight recovery, although all of the major coins still post 24-hour losses. On Monday, the total cryptocurrency market cap fell below $90 billion....
Bitcoin is clearly at a pivotal point in its current market cycle. But market cycles aren’t always obvious as to what might occur, even if the when happens to become more clear with time. In the leading cryptocurrency by market cap, Decembers are particularly notable, culminating in most....
Bitcoin's fast-growing market capitalization has broken the $10 billion mark (data according to Coinometrics and Blockchain). The news comes just over ten days after our last report on Bitcoin's market cap on November 14th, where it was reported that the market cap was $5 billion. Twenty days....
At its current price per unit, the decentralized cryptocurrency Bitcoin’s market valuation has surpassed the overall value of the International Monetary Fund’s (IMF) Special Drawing Rights market (SDR $281 billion). Since the massive global market rout on March 12, bitcoin has risen....
The Bitcoin market is shaking off the strong correction to $10,400 last week. The leading cryptocurrency currently trades for $10,700, a few percent above those lows as buyers come in ahead of the legacy market open on Sunday. In the past 24 hours, Bitcoin is up a healthy 1%, allowing it to....
While most of the Cryptocurrency market is down, one coin in particular has been moving a lot this week, in fact up 15% from the 11/22/2014 levels. The currency in regards, of course being Ripple. With a 24h volume of over 2 and a half million dollars, Ripples price per coin slowly approaches....
Bitcoin’s market capitalization has swiftly surged past the $ 8 bln dollar mark, and even momentarily broke the the $ 9 bln mark. However, it is still a good while off its historical highest point of 13.8 billion dollars of November 2013. 9 billion dollar market capitalization. On Saturday, June....
To put this into perspective, the 10-year Chinese Treasury bond future crashed by 2%. The Chinese government has made yet another decision that makes their economy look weaker. Trading in bond future sis no longer possible every since the market crashed in spectacular fashion. It only took the....
Following the news of Bitcoin hitting its all-time high on Tuesday night, Bitcoin's market cap has hit yet another milestone. Three billion dollars, in fact. The news comes just about a week the after market cap reached $2.5 billion - signaling immense growth. No doubt, the influx has very much....
Recently, Ripple-the electronic payment protocol-has experienced a market cap surge due to an increase in the price of its native currency, XRP. Despite CCN's predictions, the XRP price has continued to march in the right direction. During the past month, the XRP price rose more than 200%,....
Sunday's bitcoin price panic caused altcoin market caps to evaporate and made most altcoin prices drop as well. The litecoin price bore the brunt of the market's wrath, falling 7% and dropping the Litecoin market cap by almost $8 million in a single day. However, the bitcoin price recovered,....
In a first-of-its-kind, new partnership records market-data on the Blockchain. By securing any market feed onto the bitcoin blockchain, Brave New Coin and Smartbit hope to revolutionize markets in several important ways. Today Brave New Coin (BNC) and Smartbit http://www.smartbit.com.au....
What a difference a day makes, or so they say. Today's market fall was completely expected. We discussed the reasons in detail in yesterday's article. No need to rehash it today. But where do we go from here? Where and when is the bottom? Fake news from China is only excuse for the market to....
The term "whale" is frequently used to describe the big money Bitcoin players that show their hand in the Bitcoin market. The ocean as a metaphor for the market is apt, since one can then extend it to include the big fish and the small fish; sharks; rallies as feeding frenzies; waves as market....
Bitcoin remains king of the hill in blockchain market capitalization, but alternative asset blockchains are nipping higher at bitcoin’s heels. Non-bitcoin asset blockchains have expanded market value significantly in the last three years, jumping 1,600% while bitcoin’s market gap grew 300%,....
Adam Back believes that Bitcoin could boost its market cap by 400% in under two years. Bitcoin (BTC) hitting a $1 trillion market cap by 2025 is “conservative,” and those levels should hit in less than two years.That was according to Blockstream CEO Adam Back, who delivered a fresh bullish BTC....
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....
Yesterday we analyzed the bitcoin market from a weekly perspective and saw that we are, in all likelihood, very close to the beginning of a bull market. However, the weekly chart is unclear about whether or not there may be another week of selling. My analysis and the charts you see herein are....