HomeNewsCrypto Cryptocurrency Market Cap History: Ethereum Surpasses US$20bn, Bitcoin Goes Over US$40bn Crypto, News> > > > A cryptocurrency is a digital currency used for buying #Goods And Services while using cryptography computing method to secure transactions and control the formation of additional units of the currency.They are regarded as alternative currencies to traditional currencies such as the Dollar and the Euro.Bitcoin was the first cryptocurrency to be introduced.Cryptocurrencies mimic precious metals because their production gradually decreases as there is a cap on their circulation numbers.Mining by miners validate transactions of the currencies currently being used in supply and thus generating new units of the currencies.One can also obtain them by purchasing them.These coins are mostly preferred because one can use them to buy goods and services anonymously.They are thus commonly used in illegal online activities.Top 7 most valuable cryptocurrencies by market capitalization Bitcoin (XBT): A man by the name Satoshi Nakamoto is believed to be behind the creation of Bitcoin on January 3rd, 2009.

The current #Market Capitalization of Bitcoin is $ 23.5 billion; its current price is $1992.43 while 16.3 million bitcoins are currently in circulation.Ethereum (ETH): Etherium was introduced on July 30th, 2015; its current market capitalization is $13.5 billion, its current price is $146.8 while close to 92 million Ethereums are currently in supply.Ripple (XRP): Ripple was released by Authur Britto, Ryan Fugger and David Schwartz in 2012.Its market capitalization is $7.9 billion; its current price is $0.209 while about 34 billion Ripples are currently in supply.NEM (XEM): NEM's current market capitalization is $1.4 billion; its current price is $0.157 while over 9 billion NEMs are currently in circulation.Ethereum Classic (ETC): Ethereum classic has a market capitalization of $1.4 billion; its current price is $12.64 while only 92 million units of the digital currency are currently in circulation.Litecoin (LTC): Litecoin was introduced on October 5th, 2011 by Charles Lee, a former Google employee.

Its current market capitalization is $1.1 Billion; the price of one Litecoin is $21.85 while 51 million Litecoins are currently in circulation.Dash (Dash): Dash was formerly known as Darkcoin and XCoin.It was introduced on January 18th, 2014.Its current market capitalization is 718 million; its current price is $98 while 7.3 million Dash coins are currently in circulation.Why one should think twice before speculating on any cryptocurrency 45 percent of online exchanges that sell and buy cryptocurrencies fail and disappear with clients money according to research done in 2013.Alan Greenspan, a former federal reserve chairman, and economist John Quiggin called such currencies as a speculative bubble because of how many they are.Warren Buffett warned investors against investing in such currencies while several people that have worked with such currencies have warned that bubbles may occur.The central bank of Estonia once called the currencies Ponzi schemes.To date, there are about 1,000 cryptocurrencies in circulation.

The past few days have been quite interesting for the cryptocurrency sector as a whole.Various currencies have seen their value increase over the weekend, which is far more uncommon than most people give it credit for.As a whole, the total cryptocurrency market capitalization has increased as well, which is a positive development.dogecoin chartCrypto Market Cap Reaches New All-time High Based on the statistics provided by , it is good to see so many cryptocurrencies gain value over the weekend.bitcoin faucet every minuteFor the longest time, bitcoin and altcoin gains seemed to be mutually exclusive, yet that no longer appears to be the case as of late.litecoin mining 2 different gpuIt also goes to show the entire cryptocurrency ecosystem continues to mature and traders are diversifying their portfolios.bitcoin suisse matchpool

In fact, the current total cryptocurrency market capitalization sits at US$27.544 billion.That is quite an increase compared to the same period last year, when the market cap sat at just over US$8.197bn.It is evident in the past twelve months have been critical for cryptocurrency, although it is not just bitcoin appreciating in value.bitcoin guncel fiyatIn fact, “only” represents 67.1% of the total market cap right now, which is far lower than most people would expect.bitcoin mining program ubuntuParticularly the past 24 hours have been quite interesting for a few different currencies.bitcoin hardware profit calculatorSignificant gains have been recorded for , as XRP gained 104.07% in value all of a sudden.main cày bitcoin

The total gains would have been much higher if the Poloniex exchange had not encountered unexpected issues during the best period of XRP trading.At one point, XRP was trading well above the 7,000 Satoshi mark, before plummeting back to 4,100 once Poloniex slowly resumed their services again.bitcoin 1933pOther currencies saw intriguing gains as well.Ethereum and Monero held up quite well, with Litecoin even slowly gaining value once again.The big “loser” of the weekend was Dash, as the current crashed down to the US$57 mark, down from its previous high of over US$100.Then again, this situation may recover moving forward, as it seems all currencies are going full steam ahead once again.In the end, the cryptocurrency ecosystem continues to grow, and more money has poured in by the look of things.by Tyler Durden SNAP's first earnings release since going public is shaping up to be a disaster, with the stock un-popping after hours and down 25% after the company disappointed on virtually every metric in its Q1 earnings release: Revenue of $149.7MM missed expectatations of $158 million The net loss of $2.2 billion was obviously bigger than anything expected.