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What Does Market Cap Mean and Why Is it Important?
25.12.2020
Stock traders often come across the word “Market Capitalization” or “Market Cap.” Stock exchanges, Nasdaq, S&P 500, Dow Jones also use this term often. But what is a market cap? Market Cap is the market value of the outstanding shares of a publicly-traded company. Market Capitalization...
Side-Chaining $3 Billion in Value: There’s More Than 141,000 Tokenized Bitcoins Issued on Ethereum
21.12.2020
According to onchain statistics, there is a colossal amount of bitcoin, approximately 141,231 bitcoins or $3.3 billion at the time of publication locked into Ethereum-based tokens. There are roughly seven different wrapped or synthetic bitcoin tokens but the Wrapped Bitcoin project has...
'BAM!' Tether celebrates as USDT market cap passes $20 billion
18.12.2020
A record high for the largest stablecoin comes as Bitcoin cools around its own highest-ever levels
Bitcoin’s Value Surpasses $23,700, Critics Claim Its a ‘Bubble,’ Onchain Analyst Says $100K Prices ‘Ridiculously Low’
17.12.2020
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...
Market Update: Bitcoin Price Hits New All-Time High Over $20k
16.12.2020
The price of bitcoin surpassed its all-time high touching $20,800 on Wednesday morning (EST). At the time of publication, the crypto asset is up over 6% during the last 24 hours with a whopping $380 billion market capitalization. Bitcoin has touched a two-week high reaching $20,800 per coin...
‘Insanely bullish’: Glassnode CTO predicts BTC price will 10X from here
11.12.2020
Glassnode’s Rafael Shultze-Kraft has shared several on-chain metrics that he believes suggest Bitcoin will comfortably charge into six-figure price-thresholds in future
Wells Fargo Investment Institute Report Compares Bitcoin to the 1850’s Gold Rush
9.12.2020
On Monday, the U.S. bank Wells Fargo’s wholly-owned subsidiary and registered investment adviser the Wells Fargo Investment Institute published an investment strategy with a page dedicated to the crypto asset bitcoin. The institute’s contributing author and Head of Global Asset...
Bitcoin’s market cap will flip gold: Winklevoss twins
8.12.2020
The Winklevoss twins have urged attendees of the Singapore Fintech Festival to educate themselves on Bitcoin, predicting BTC’s market cap will flip that of gold
2020’s Crypto Performances: The Biggest Token Losers and This Year’s Top-Performing Cryptocurrencies
7.12.2020
Digital currency markets have climbed significantly in value all year long, despite the gloomy global economy and the aftermath of Covid-19 responses. Bitcoin prices have been hovering at values not seen since 2017, and the top crypto asset in terms of market cap has gained a whopping 159% since...
Billionaire Hedge Fund Manager Paul Tudor Jones Expects Bitcoin’s Market Cap to Grow Beyond $500 Billion
5.12.2020
Famed hedge fund manager Paul Tudor Jones has updated his view on bitcoin. Envisioning a bullish future similar to “the metals complex where you have precious crypto,” he says that $500 billion is the wrong market cap for bitcoin, given all the “possibilities that it has.”...
Bitcoin Undervalued Relative to Gold, Equities, Tudor Jones Says
3.12.2020
The hedge fund manager has 1% to 2% of his multi billion-dollar portfolio in bitcoin
Ethereum’s market cap surpasses GM, CME, and tech stocks — What’s next?
2.12.2020
Ether price has rallied 322% year-to-date and its $67 billion market cap now surpasses General Motors and CME Group
Bitcoin Crushes Previous All-Time Price Highs Surpassing 2017’s Bull Run
30.11.2020
Digital currency markets are on a tear this week, as a myriad of crypto assets have seen enormous gains during the last two days. Then finally, on November 30, 2020, the largest blockchain in terms of market cap, bitcoin (BTC) surpassed the crypto asset’s 2017 all-time highs (ATH) after...
Tether's market cap is growing at a near-record pace
28.11.2020
The market cap of USDT swelled by 1 billion over nine days
Wallets with less than 1 BTC account for just 5% of Bitcoin’s market cap
27.11.2020
With the number of “wholecoiner” Bitcoin wallets holding at least 1 BTC increasing every year, the remaining addresses represent just 5% of Bitcoin’s market cap
Market Update: Crypto Prices Drop Fast, Bitcoin Loses $2K, Correction Considered Healthy
26.11.2020
The price of bitcoin and a great number of digital assets plunged in value during the early morning trading sessions on November 26, 2020. Bitcoin’s price dropped from a high of $19,319 on Wednesday evening only to lose over $2,000 during the course of the morning hours (EST) on Thursday...
Bitcoin market cap hits new all-time high and surpasses JPMorgan at $352M
24.11.2020
Bitcoin outperforms JPMorgan in terms of market capitalization shortly after the firm’s CEO said Bitcoin “is not my cup of tea.”
USDT Towers Over 30 Stablecoins- Tether’s Market Cap Grew by 2 Million Percent in Just Four Years
22.11.2020
During the last two years since the initial bear market after the 2017 bull run, stablecoins have been extremely popular. Today, statistics show that the market capitalization of all the notable stablecoins today is hovering above the $23.9 billion mark. Out of more than 30 stablecoins in 2020...
Market Update: Crypto Asset Prices Spike Massively, Speculators Claim ‘Altcoin Season’ Is Here
21.11.2020
A number of crypto-asset markets saw significant gains on Saturday, as a myriad of digital assets spiked between 4-40% in value during the last 24 hours. The entire crypto market capitalization had risen above $540 billion, as top-ten coin values from the likes of bitcoin cash, cardano and...
Bitcoin's market cap surpasses Nvidia at over $336B
18.11.2020
Both Bitcoin and Nvidia saw major growth in 2020, but Bitcoin’s market cap wins today