Alive: by the end of 2019 volume cryptoforge will grow by 50 percent
Source:
Until the end of 2019, the volume of the cryptocurrency trade will grow by 50 percent compared with current figures. This is stated in the research company Satis Group, which leads .
Now 75 per cent of transactions with digital money spend the 20 largest cryptocurrency exchanges from the rating Coinmarketcap. In the coming year, the balance of forces will hardly change and the trading volume of coins will exceed 7.3 trillion dollars is 10 percent higher than the volume of transactions with the public debt of the United States.
theThat waits for the cryptocurrency in 2019?
The Least popularity among traders use decentralized exchanges such as 0x and IDEX. They account for only 0.2 percent of the total volume of trading with digital money.
The document States that the main reserve currency for all crypto and a key component in the system of digital assets. Paired with them are trading more than two thirds of all tokens. In second place in the ranking is Tether (USDT), which accounts for 22 percent of trading in pairs, and Ethereum is third with 12 percent.
The rating Results are quite expected, given that Bitcoin is the dominant currency on the market, according to Coinmarketcap, accounts for about 52 percent of the market capitalization of cryptocurrencies.
And the leading position of the first cryptocurrency on the market persists despite the fact that new altcoins emerge all the time, the newspaper notes. Interestingly, some experts see this as not only the strength of the asset, but also a sign of price consolidation.
Previously, researchers from the analyst firm Fundstrat Tom Lee that by the end of 2019 Bitcoin will cost 36 thousand dollars. The company's employees have studied the relationship of cost of mining and rates of cryptocurrencies: it turned out that by the end of next year, the cost of Bitcoin will be in the range from 20 to 64 thousand dollars.
Recommended
the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...
Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam
co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...
The Ethereum is a cryptocurrency Scam. A new report Chainalysis
When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...
Related News
VEB and the Grozny mayor's office transferred the housing sector on the blockchain
In February, the first Deputy Chairman of VTB Olga Dergunova positively the prospects of the blockchain. According to her, the technology will improve the speed of transactions and security standards. To move from words to action ...
Hacker 1337. How to hack Etherscan not to cause any harm
Monday on the website Etherscan.io appeared a pop-up message with the numbers 1337. The visitors began to panic and spread rumors about hacking Explorer. really hacked, but the damage from a hacker attack was zero. About it writes...
The train leaves: the Ripple again preparing for growth
If you missed the explosive Ripple last week, no problem. Looking at the chart, cryptocurrency still has «fuel» for the conquest of new tops. in the meantime, in the auction of the coins stood out for three important eve...
How to mine Bitcoin Anonymous? The profitability of production ANON and settings for the pool
ANON — a new ambitious project. According to the developers, the cryptocurrency created for a new level of privacy of the users who deserve it. Coin there are only two weeks, but has already managed to surprise crazy profitability...
Disappointment of the year: 70 percent of the tokens are worth less than during the ICO
the Amount of money that can be raised-the project was becoming less important for the market. The reason is that 70 percent of the tokens are worth less than at the time of the initial placement. This is stated in the research co...
Acne Buterin suggested to scale Ethereum with the Protocol of ZK-SNARKs
co-Founder Vitalik Buterin suggested to use for scaling network-coin Protocol zk-SNARKs, which was first used zcash for. About it writes . With this proposal, the entrepreneur acted in his Twitter. According to him, ZK-SNARKs will...
Who dropped the market? Trustee Of The Mt.Gox sold crypts 230 million dollars
From March to June, the Trustee, the once largest Bitcoin exchange Mt.Gox, Nobuaki Kobayashi brought 25,98 billion yen (230 million dollars) in bitcoins and Cash, and then sold the coins. Still the businessman preferred not to rev...
Google cancels the ban on advertising of crypto-currencies. Waiting for growth?
Yesterday Google has made some amendments to the policy advertising third-party sites. Now the company is not against advertising crypts, but with some stringent conditions. We will remind, the ban on advertising of crypto-currenc...
The worst bug in the history of Bitcoin since 2010. Who made a mistake?
Bitcoin Core Developer John Newbery called himself responsible for a major bug in the Bitcoin network since 2010. We are talking about discovered previously impossible to hack the blockchain cryptocurrency and the first to break t...
Now just growth: Walmart will track the freshness of products using blockchain
Now the freshness of some products in the network of wholesale stores, Sam’s Club will be monitored through the blockchain. Guide Walmart demanded that his division be the first to integrate new technology to create a specia...
Ebang Communication has announced a new ASIC miners. Whether Bitmain to be afraid of?
In the Digital World Mining Summit in Tbilisi Chinese manufacturer of ASIC chips, today announced the release of a new line of equipment for mining. Ebang Communication will please miners from three new usikami with hasraton 30-44...
How to distinguish "clean" bitcoins from criminal? Response cryptocurrency tracker
Analytical publication about cryptocurrency Longhash launched its own Bicton tracker — it will allow users to track the reliability of addresses in the network, the first cryptocurrency and increase its transparency. About it writ...
A small pullback: what is the reason for today's fall of Bitcoin?
Tuesday was not such a good day for the bulls — Bitcoin lost nearly 3.5 percent of the cost for a day after failing to get above the resistance line. At the moment the asset is gradually reduced to the main support. Key events: th...
Gone era: Iceland changes mining for "clean blockchain business"
In the near future working in the Icelandic cryptocurrency startups will abandon mining in favor of "clean blockchain business", that is, create products based on a distributed registry. About it writes . With the corresponding st...
Time to buy: top 5 most undervalued altcoins
Expectations and reality rarely converge. It happens with the stock market, where the real asset price does not always reflect their usefulness. The service has made a rating of the five most undervalued coins on Coinmarketcap. Ac...
Stellar rose by 50 per cent over the week. What happened?
If you do not remember Ripple, Stellar has become the most successful coin last week — the last seven days its course has increased by 50 percent. The result is that the token has risen to sixth place in terms of capitalization am...
Even higher: will Litecoin rise this week? Analysts forecast
last week, Litecoin failed to break through some important resistance in the area 58 and $ 60. The coin is in the local uptrend and may soon test the resistance level around 70 dollars. The General situation looks like this: the ...
The joy of investors: EOS has entered a stage of growth. Forecast prices Aldona
Price Aldona has the potential for further growth. EOS has formed a channel up and gradually moves on to new resistance levels. In short, the situation looks like this: the the on 4-hour chart of bitcoin has formed a double botto...
Bitmain Antminer presented DR3 for mining Decred. Characteristics and profitability of new
Yesterday, Bitmain announced the start of sales of new asika DR3 for the production of Decred. The company said on good profitability and a normal power consumption model. But is it really? In the discussion thread of the new mine...
How to store bitcoins and other cryptocurrencies?
Given the raw state of the cryptocurrency market, you can compare it with the inception of the Internet. Some of you still remember all these modems with dial-up, MS-DOS and cursor control using the jog dial. The world is changing...
Comments (0)
This article has no comment, be the first!