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$150 Billion: Total Cryptocurrency Market Cap Hits New All-Time High, Digital Currencies: To Invest



$150 Billion: Total Cryptocurrency Market Cap Hits New All-Time High


The combined value of all publicly traded cryptocurrencies has set a new record, surpassing $150 billion for the first time today. At press time, the value of ether, bitcoin and more than 800 other blockchain-based assets had reached a high of around $154 billion, according to CoinMarketCap. Overall, the figure indicates that the cryptocurrency market continues to grow at a steady pace. At $154 billion, the market is up 13 percent over the last seven days, 67 percent over the last month and an astounding 1,240 percent year-over-year. Read the full article here

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Category: Cryptocurrency

Image & article ref: www.coindesk.com

MGT Capital Raises $2.4 Million to Expand Bitcoin Mining Operation


The bitcoin mining and cybersecurity firm MGT Capital has raised $2.4 million in new funding.The financing for MGT Capital came as a result of a 10 percent convertible note issued to a firm called UAHC Ventures LLC. The funding, according to statements, will be used to expand MGT's bitcoin mining operations in the northwest US, where plentiful hydropower has attracted more than a few miners. Read the full article here

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Category: Bitcoin

Image & article ref: www.coindesk.com

Bitcoin Users Vent Frustration as Hashrate Drops 50 Percent in 4 Days


Bitcoin (BTC) users are complaining of slow and expensive transactions as a 50 percent loss of hash rate brings the network to a standstill.Data from Blockchain.info flagged by trader SatoSqueeze shows a halving of BTC hash rate from 8,000 to 4,000 petahash in just four days.“That explains most of the unconfirmed transactions,” the user adds. Read the full article here

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Category: Bitcoin

Image & article ref: www.cointelegraph.com

Digital Currencies: To Invest Or Not To Invest?


You are an active investor and the current bull market in stocks has proven to be a boon for you as your portfolio is up 10 percent year-to-date. You have outperformed the S&P 500’s 9.54 percent gains in 2017. However, what if I told you that your returns could have been 50 percent or 100 percent better?I am certain you would be interested.However, as soon as I utter the word Bitcoin or Ethereum, most owners of a classic portfolio (constructed using stocks, bonds, precious metals and cash) would switch off. Most would reject the idea as “too risky.” But wait. Read the full article here

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Category: Cryptocurrency

Image & article ref: www.cointelegraph.com

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