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Skybridge Estimates Bitcoin’s Fair Market Value at $40K and Ethereum’s at $2,800
5.8.2022
Skybridge Capital’s founder says bitcoin’s fair market value is about $40,000 based on adoption, wallet size, use cases, and growth of wallets. The asset management firm also estimated ethereum’s fair market value at around $2,800. Skybridge Capital on the Fair Values...
Crypto ATM market value to hit $472 million by 2027 per new data
27.7.2022
Market research forecasts the global cryptocurrency ATM market to be worth $472 million by 2027, driven by growth in developing markets and growing adoption
Tesla Reveals Bitcoin Holdings Worth $222 Million in Latest SEC Filing
26.7.2022
Tesla has revealed that it is still holding bitcoin worth $222 million in market value after selling 75% of its crypto holdings. The company recorded realized gains of $64 million on its recent bitcoin conversion into fiat currency. Tesla Realizes Gains of $64 Million From Bitcoin Sale Tesla Inc....
Fresh Gains Push Bitcoin Back Into the World’s Top 10 Most Valuable Assets
31.5.2022
While bitcoin has lost more than 16% in value against the U.S. dollar during the past 30 days, the cryptocurrency’s market capitalization is still the tenth-largest asset by market valuation. With $603 billion in market value, bitcoin is above Meta’s (formally Facebook) capitalization...
Study: 10% Growth in Crypto Market Cap Reduces Value of African Firms by 0.76%
2.4.2022
A study undertaken by two assistant professors at American University in Cairo (AUC) has suggested that an increase of 10% in the crypto market cap causes the market value of “African micro-entities” to drop by 0.76%. Crypto Market Growth Hurts Less Competitive Sectors According...
The Billion-Dollar Bitcoin Case: Long-Awaited Kleiman v. Wright Trial Begins Next Week in Miami
30.10.2021
On Monday, November 1, the long-awaited Kleiman v. Wright trial will begin as a federal jury plans to determine the relationship between Dave Kleiman and Craig Wright. The Kleiman estate is asking for $11.4 billion, alongside the return of intellectual property (IP) or its fair market value. While...
Total crypto market value breaks $1.9T for first time since May
10.8.2021
Crypto markets recorded a notable rise, surging $700 billion, or 58%, over the past 21 days
Elon Musk Hints Tesla Owns About 42K Bitcoins
29.7.2021
Tesla CEO Elon Musk has hinted how many bitcoins Tesla owns after revealing that the fair market value of its bitcoin holdings was $1.47 billion as of June 30. Tesla Holding About 42K Bitcoins Tesla’s technoking, Elon Musk, has commented on how many bitcoins his electric car company owns...
US Treasury Unveils Biden’s Proposed Tax Measures — Cryptocurrency Transfers Over $10,000 to Be Reported to IRS
20.5.2021
The U.S. Department of the Treasury has announced measures to crack down on tax evasion involving cryptocurrencies as part of President Joe Biden’s proposed tax compliance measures. Among the measures is a requirement for businesses that receive crypto assets with a fair market value of more...
TimeCoin’s Off-Market Token Sale
24.3.2021
PRESS RELEASE. The Special Token Sale of TimeCoin (TMCN) was launched on February 15th, 2021, with a 93% discount on the token’s current market value. The token was launched on November 11th, 2020 on BitForex as an IEO, at an initial price of $0.7. After the launch, the price rose to $11,...
BTC’s ‘Hands of Steel’- 37% of Bitcoin’s Supply Hasn’t Moved Since 2017, 55% Sat Idle After 2018’s Bottom
16.3.2021
Just recently, the onchain data and research company Glassnode published a report that introduces variations of Bitcoin’s Spent Output Profit Ratio (SOPR) and Market Value to Realized Value (MVRV) Ratio. Glassnode analyst, Rafael Schultze-Kraft, explains the difference between long-term...
Bitcoin’s Price Surge Accelerates After Passing Milestone of $1T Market Value
19.2.2021
The price could go higher, unless traders start taking profits
Bitcoin Market Value Tops $1T as Price Passes $53,697
19.2.2021
A year ago, bitcoin's market value was $178 billion
TimeCoin’s Special Token Sale
19.2.2021
PRESS RELEASE. The Special Token Sale of TimeCoin (TMCN) will be launched on February 15th with a 93% discount on the token’s current market value. The token was launched on November 11th, 2020 on BitForex with an IEO, at an initial price of $0.7. However, already after the launch of the...
Blockchain-Backed NFT Market Value Grew 299% in 2020
18.2.2021
A report has unveiled figures that confirm the bullish run of non-fungible token markets over the last year. Two analytical firms behind the studies stated that the NFT industry grew by 299% in 2020. Total Number of Active Wallets Rose by 97% According to the NFT Report 2020, published...
Cryptocurrency Miner Hive Blockchain Passes $1B Market Value
8.1.2021
Hive last had a $1b market value in November 2017
Bitcoin’s Market Value Now Exceeds That of Facebook
8.1.2021
Bitcoin is currently more valuable than all but six of the world's publicly traded companies
Total Cryptocurrency Market Value Hits Record $1 Trillion
7.1.2021
During 2017's bull run, the market peaked at a $760 billion total value
Hedge Fund Manager Brian Kelly Says Increasing Institutional Interest in Bitcoin Down to its Fixed Supply
14.11.2020
Hedge fund manager Brian Kelly says the surging number of institutional investors owning bitcoin is down to the digital currency’s core value proposition- a fixed coin supply. On the other hand, the same institutional investor interest is helping to build confidence in the top cryptocurrency...
Cloudbet Launches Second Major Stablecoin With USDC
7.10.2020
Cloudbet, the pioneering crypto sportsbook and casino, has added USD Coin to the portfolio of coins available to customers, marking the operator’s second major stablecoin integration after launching USD Tether in May. With the integration of USDC and USDT, Cloudbet now supports the biggest...