The overall cryptocurrency market cap is currently $449.32B, a 4.70% increase over the last day. Read more The total cryptocurrency market volume over the last 24 hours is $56.63B which is a 2.61% decrease over the last 24 hours. Read more Bitcoin holds a 66.57% dominance of the total cryptocurrency market in the last 24 hours and has $7,665.16 price per coin with a Circulating Supply of 18,093,775 BTC and Max Supply of 21,000,000 BTC. Read more Ethereum holds a 10.93% dominance of the total cryptocurrency market in the last 24 hours and has $155.21 price per coin with a Circulating Supply of 109,472,838 ETH and Max Supply of ? ETH. Read more
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The mobile data industry is one of the largest industries in the world and yet one of the most broken. One of the main problems is that there are few incentives for people to share their unused data. In fact, consumers are forced to purchase expensive monthly plans if they want access to any data at all. The team behind Dent has a vision of a decentralized marketplace for buying and selling mobile data. This project could potentially lead to more affordable data and better incentives for users to share their unused data with others who need it.
Proof-of-Authority (POA) is an algorithm for achieving consensus which eliminates mining by replacing it with a set of validators, who guarantee transactions and create blocks. The POA network is an open, public sidechain that allows anyone to build decentralized applications, smart contracts and tokens.
Monacoin was created in 2013 by a Japanese programmer named Mr. Watanabe as Japan’s first ever cryptocurrency. It’s based on litecoin and offers faster transaction times than bitcoin or ether. Monacoin also has a unique social aspect, with its own emojis like “mona smile” and “mona pizza.”
The price of Bitcoin and other cryptocurrencies have seen a significant surge in 2017. The price of one Bitcoin has risen from just under $1,000 at the beginning of the year to now over $5,200 today.
The cryptocurrency space is facing a rare phenomenon with the top 10 cryptocurrencies surging in value by an average of 200 percent within the last month.
According to CoinMarketCap, Bitcoin’s market valuation rose from $17 billion to $92 billion in a span of four months. In comparison, the market cap of Ethereum increased from $700 million to $30 billion within the same period and Ripple’s XRP token saw its market cap skyrocket from approximately $100 million to more than $9 billion in value.
It is important to note that as more governments are introducing regulations on cryptocurrency trading and Initial Coin Offerings (ICOs), the demand for Bitcoin, Ethereum and other top cryptocurrencies will continue to increase, as investors look for safer havens where they can invest their money without any fear of government regulation or intervention.
Bitcoin: The most popular cryptocurrency in terms of capitalization remains bitcoin. While it is still unclear whether or not bitcoin can reach an all-time high of $5,000 before October or November this year, it is certain that bitcoin will continue
Bitcoin, Ether and other cryptocurrencies may be seeing the beginning of the end.
Prices of the most popular cryptocurrencies have plummeted this year, but some strategists still see decent returns for the likes of bitcoin and Ether over the next five years.
Bitcoin was trading up 0.3 percent at $9,090 a coin Tuesday afternoon, according to CoinDesk’s price index. The index measures prices from four leading global bitcoin exchanges.
Ether was down 1.8 percent at $1,104 a coin, according to CoinMarketCap’s price index, which measures prices from most of the world’s leading digital currency exchanges.
Ran Neu-Ner, host of CNBC Africa’s “Crypto Trader,” said he thinks bitcoin will rally above $10,000 by May. He has a target on bitcoin of $50,000 by 2022.
Meanwhile, Fundstrat Global Advisors Co-Founder Tom Lee sees bitcoin hitting $25,000 by 2022. He also sees Ether at $1,900 in 2022.