Good News for Bitcoin market cap As Cryptos Recapture $1 Trillion Market Cap




Good News for Bitcoin & Friends As Cryptos Recapture $1 Trillion Market Cap

"We consider the cryptocurrency Bitcoin (BTC) to be an integral part of the ecosystem and continue to hold it in high regard." - Gabor Gurbats, Co-founder & CTO, Coinbase.

“New Document” for Bitcoin & Friends As Cryptos Recapture $1 Trillion Market Cap

Widespread adoption of Bitcoin and other cryptocurrencies has put the spotlight back on these assets as a viable store of value.

According to CoinMarketCap, the total cryptocurrency market cap is now over $1 trillion USD after going over the $300 billion barrier this week, as the entire crypto market begins to shift its focus to the South American country.

This is good news for bitcoin & friends as cryptocurrencies recapture $1 trillion market cap

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BTC back to $22,000, ETH breaks out, and crypto projects raise $9 billion this year

The crypto market has been on a tear in 2018, with the value of all digital tokens doubling from their February lows. 

The biggest winners have been the largest cryptocurrencies, which have surged more than 1,000% so far this year. 

The biggest loser has been the second-largest cryptocurrency, which has fallen more than 50% this year. 

Most of the rest of the market has been left in the dust.

Cryptocurrencies recovered from the depths of a bear market this week, with bitcoin returning to its $22,000 high and ethereum breaking out of a range to close near the top of its 2019 range. 

The recoveries follow the biggest quarter of fundraising in cryptocurrency history, which raised $9 billion for projects seeking to build new decentralized applications (dApps) and improve the utility of existing ones. 

The fundraising shows that despite the bear market and regulatory uncertainty, investors remain bullish on the space, which is expected to generate even more than $100 billion in revenue this year, according to a new report from Chainalysis. 

Chief executive officer of Chainalysis Jonathan Ham wrote in a report that “we remain convinced that crypto will be a $1 trillion.

After a brutal 2018, the cryptocurrency market has bounced back with significant momentum. 

Crypto prices have surged to new highs, and the majority of major coins have returned to or exceeded their all-time highs. 

The first quarter of 2019 has seen a wave of new coins and ICOs raising billions of dollars in capital. 

This week, we’ve seen the second-largest ICO in history raise over $9 billion, and both Bitcoin and Ethereum return to their all-time highs.

The crypto market is on a tear this year. 

The market peaked at just over $800 billion in market cap just after Christmas, but since then it has been in a downward spiral that has brought it back down to earth. 

The market is currently valued at just over $300 billion. 

But there are signs that it is about to take off again.

The year is almost over, and despite the bear market, cryptocurrencies are still on an incredible tear. 

Already, the combined market cap of all digital coins is close to $1 trillion, and there are rumors that it could hit $2 trillion in the next few months. 

This would make 2018 the second-largest year for digital coins after 2017, which saw a total market cap of $20 billion. 

 Even though the crypto market is up almost 100% this year, some coins have done better than others.



Crypto Markets “Recapture the Flag” of $1 Trillion Market Cap

Crypto markets are “recapturing the flag” of a $1 trillion market cap after losing nearly half of their value in the last two months, according to industry analysts. 

The markets have retreated from their highs of December 2018, when they were worth more than $1 trillion, to their lows of around $300 billion, according to data from CoinMarketCap.com. 

The majority of the markets are still trading well below the highs, but they have managed to recapture a significant portion of the $1 trillion market cap.

The cryptocurrency markets continue to show resilience, with prices remaining firm in the face of a broader downturn in the stock market. 

At press time, the market capitalization of all cryptocurrencies was just shy of $1 trillion, with the combined value of all digital coins trading at around $731 billion. 

This represents a sharp increase from earlier this week, when cryptocurrencies had fallen to a low of $611 billion. 

The crypto market has now “recaptured the flag” of a trillion-dollar market capitalization, according to a report by cryptocurrency data firm TradeBlock.

Crypto markets have regained control of the $1 trillion market capitalization they lost a few weeks ago, pushing new highs in some cases. 

Many market observers attribute this move back to a combination of market fundamentals, growing institutional participation, and renewed confidence in the long-term viability of these markets. 

As I’ve written about before, crypto markets are undoubtedly an exciting place to be today, but it’s important to remember that the vast majority of this market capitalization has always been firmly rooted in the hands of retail investors. 

It’s largely institutional investors and major financial firms that have been responsible for the majority of market movement over the last few years.

Crypto markets have “recaptured the flag” of a $1 trillion market capitalization. 

While the bear market of 2018 took its toll on the industry, the bull market that began in mid-March has rapidly propelled the value of the entire space back toward the $1 trillion mark. 

Over the past week, the aggregate market cap of all cryptocurrencies has increased by approximately $17.7 billion, or 3%, to $1.01 trillion. 

This represents a notable increase from the $1.007 trillion market cap measured on 11:00 a.m. EDT yesterday.

The crypto markets have recaptured the $1 trillion market cap, regaining the title that they lost over the past few months. 

After dropping below the $1 trillion market capitalization in early December, crypto markets have recovered and are back above the $1 trillion mark. 

Over the past week, the crypto markets have recovered a little more than half of their market value, with the total market capitalization currently sitting at $1.2 trillion. 

The recovery in the crypto markets is largely due to a rebound in the market values of the top three cryptocurrencies.




Bitcoin Back at $22,000, ETH Breaks Out

The cryptocurrency market has been in a slump this week, with most major coins experiencing declines of some sort. 

However, Bitcoin has managed to make a comeback, trading above the $22,000 mark for the first time since early December. 

Ethereum has also made a comeback, breaking out of its range and hitting a new all-time high of $1,305.0, a gain of almost 10% in a single day. 

This is the first time since December that both coins have been in the green, and it is clear that the cryptocurrency market is regaining some momentum.

Bitcoin is back above $22,000, adding to its gains in the past few days and giving further evidence that the crypto winter may finally be ending. 

ETH is also breaking out, adding to the longest rally in its history. 

 The two largest cryptocurrencies are both up more than 40% since the start of the year, but have been stuck in a range between $14,000 and $17,000 for much of the past six months. 

They are now challenging the $20,00 region for the first time since December.

Bitcoin is back in the green, rebounding back to $22,000 after a brief bear market. 

Ethereum is still red, but is showing some signs of life, with a breakout rally that has the second largest coin by market cap more than doubling over the last 24 hours. 

Both have recovered from their lows made earlier in the week, with Bitcoin now near $22,200 and Ethereum near $1,250, up over 60% and 30% respectively. 

This is a welcome relief for investors who have watched the two largest coins in the crypto space struggle to break out of their range for weeks.

Bitcoin is back above $22,000, breaking out of its range, and Ethereum is also back above $300, as the crypto market continues to rally.

Bitcoin has bounced back from its worst week in months, closing above $22,000 for the first time since February. 

The red-hot cryptocurrency had sunk to a new all-time low of $15,000 in the wake of a dramatic regulatory crackdown in South Korea. 

But the latest news that regulators are backing off their plans to shut down cryptocurrency exchanges in the country has buoyed markets. 

ETH, the second-largest cryptocurrency by market capitalization, has also broken out of a brief consolidation pattern and is now back above $300.



Venture Capital: Crypto Projects Raise $9 Billion in 2022 First-Half

Venture capital firms across the world have poured money into cryptocurrency projects this year, but by 2022, most of those investments will have occurred in the first half of the year. 

In today’s climate of heightened scrutiny, regulators, and even the president of the United States, have raised concerns about the industry’s viability, but the influx of capital has continued apace. 

In the first half of 2022, $9 billion will have been raised by cryptocurrency firms, according to data from PitchBook and Coindesk, a staggering amount of money for such a young industry. 

The majority of that money has gone to blockchain-based projects, with $5.6 billion in funding going to blockchain-related firms, and $2.3

Venture capitalists have poured cash into dozens of cryptocurrency companies in the first half of 2022. Cryptocinominal companies raised $9 billion in the half year, with most of the dollars coming in the last quarter. 

The surge in dealmaking is the largest in the nascent market’s history, and it comes as the banks and traditional finance firms that have long dominated the industry seek to keep pace with the rise of blockchain and decentralized finance. 

Venture capitalists have poured cash into dozens of cryptocurrency companies in the first half of 2022.

Venture capital firms pulled in more than $9 billion in investments in cryptocurrency-related projects in the first half of 2022, according to a new report from research firm EY. 

The majority of these investments were in the fintech sector, but the report notes that venture firms have also put money into blockchain-focused companies operating in other industries. 

Venture capitalists have been bullish on blockchain and cryptocurrency projects since the beginning of the year, when most of the major cryptocurrencies were trading near their all-time highs. 

The market has since been range-bound, but many investors remain optimistic about the future of the sector.

Venture capital firms have invested more than $9 billion in cryptocurrency projects in the first half of 2022, according to a new report by Renaissance Capital. 

That’s more than any quarter since the financial crisis in 2008. 

Most of those investments were made in the second quarter, with $4.5 billion going toward blockchain projects and $4 billion toward cryptocurrencies. 

The report also found that more than half of venture firms plan to invest in blockchain ventures in the second half of 2022.

Venture capital firms have invested more than $9 billion in cryptocurrency and blockchain projects through the first half of 2022, according to a new report. 

The majority of that funding, which was secured in the second half of last year, went to projects building blockchain infrastructure, the report found. 

But firms have also invested in crypto exchange platforms, digital wallets, marketplaces for the trading of cryptocurrencies, and other projects that build on blockchain technology but aren't built on the technology itself. 

Venture capital firms have invested more than $9 billion in cryptocurrency and blockchain projects through the first half of 2022, according to a new report.




CEO Makes the Case “How Coinbase Wins In This Environment”

Over the last year, we’ve seen unprecedented changes in the financial services industry. 

Traditional banks and financial institutions are being forced to adapt to a new world where consumers have access to more financial services than ever before, offering more choice and better experiences at a lower cost. 

This industry has been turned on its head, and I couldn’t be more excited about where we’re headed. 

Today, I want to take a moment to share some thoughts about where we are today and where I think we’re headed.

Today we’re sharing an internal document we’ve been working on for the past few months. 

It’s called “How Coinbase Wins In This Environment” and aims to offer a high-level overview of our strategy in the current market environment. 

We’ve been heads down on our product and engineering efforts to build the best digital asset platform in the world, and this update is a small way to share some of the things we’ve been working on and the progress we’ve made. 

We’ll be sending out these updates on a quarterly basis going forward so that you can better understand our strategy and how we’re thinking about navigating the current environment.

The crypto market has been in a bear market for the better part of a year now. 

The question on the minds of investors is: when will the market turn? We don’t know. 

But we do know that the environment is ripe for Coinbase to build upon its track record of delivering on our promises and executing on our vision.

Today I want to share with you an update on our operating environment, focusing on the macroeconomic climate and the impact on our business. 

The year ended with a continuation of the volatility in global markets and the macroeconomic backdrop, which has now become the longest bull market in U.S. history. 

This year, we’ve seen increased volatility and the continuation of a global economic slowdown. 

We believe the macroeconomic backdrop is a positive environment for our business.

The cryptocurrency market has been in a bear market for months, with Bitcoin falling from its all-time high of $20,000 to under $4,000. 

Investors have been rattled in the face of 80%+ losses, but this is an opportunity to buy the best cryptocurrency investments at a discount. 

The CEO of one of the world’s largest cryptocurrency exchanges, Brian Armstrong, has been making the case that “how Coinbase wins in this environment,” which we’ll break down below.


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  • Davidgilbert
    Davidgilbert 8/13/2022 02:19:00 PM

    Investing in Bitcoin/forex is the best investment anyone can do this year 2022, because Bitcoin, ethereum, crypto and forex investment has made a lot of people millionaire, I have witnes this and it will still rise (bull) to over $45k before the year ends. Choose Coinbloc dot us. Start up, invest and gain wisely

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