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Hefty Trading Boost Cryptocurrency Market Cap Soars Above $40 Billion

May J, 2017

Hefty Trading Boost Cryptocurrency Market Cap Soars Above $40 Billion Bitcoin may be getting most of the headlines, but cryptocurrency as a whole is on a roll. Statistics from Coinmarketcap.com reveal that 82 out of the top 100 cryptocurrencies posted gains in a recent 24-hour period. Whether all cryptocurrencies are riding bitcoin’s coattails or investors are suddenly discovering altcoins is anybody’s guess. The total cryptocurrency market capitalization (price per coin times amount of coins in circulation) stands at $42.6…

Is ItToo late to buy top Chryptocurrencies

March J, 2017

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Is It Too Late to Buy the Top Cryptocurrencies While the majority perceives digital currencies including Bitcoin, Monero, Dash and Ether as either a means of payment or a token for development, there still exists a relatively large group of users who consider these digital currencies as short and mid-term investments. Many investors within the digital currency exchange market still inquire about the timing of their investment. For short and mid-term investment, is it too late to buy the…

Basic Rules for Beginners in bitcoin Trading

March J, 2017

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Basic Rules for Beginners in Bitcoin Trading There has been a protracted debate on the actual identity of Bitcoin, whether it should be regarded as a currency or a commodity. With reasonable support on each side of the debate based on its inherent characteristics, a huge segment of the ecosystem is of the opinion that Bitcoin can, and should be regarded as both a currency and a commodity. Whatever definition attached to Bitcoin, the constant variation in price offers…

Bitcoin wobbles as traders turn to other cryptocurrencies

March J, 2017

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Bitcoin wobbles as traders turn to other cryptocurrencies It's been a volatile period for Bitcoin investors, as holders of the cryptocurrency prepare for a potential 'fork' in the blockchain. From Friday morning until Monday afternoon, Bitcoin was trading under the $1,000 level, and even fell beneath $900 on Saturday. This is significant as, barring the weekend of March 18 and 19, Bitcoin has traded above $1,000 since early February and hit a fresh all-time high of around $1,325 on March…