In less than five years, billionaire venture capital investor, Tim Draper made $89.1 million from Bitcoin. Despite the bear market, his 2014 investment of $18.96 million in Bitcoin is now worth $108 million. The bearish forces of the markets in 2018 have not waned his spirit. He appears as confident as ever, even suggesting that Bitcoin could be a better store of value than gold. Read More
Some assert that cryptocurrency billionaires no longer exist. You may observe headlines like “The Rise and Fall of Crypto Millionaires.” You’d be amazed at the number of people who have become billionaires from cryptocurrencies, including Bitcoin, XRP, Ethereum, and more. Read More
At the end of 2017, bitcoin fell 70% from its peak. This fall, while steep was nothing new. Between 2013 and 2015, bitcoin lost 85% of its value. By January 25, the market cap of the apex cryptocurrency was $3,491,684,707 with its price at a (now) shockingly low $253.72. Read More
Ethereum has had a fairly dramatic and complex journey in the crypto sphere. It is expected when the hopes of many are in the altcoin. With a market cap of $14,010,648,219USD and circulating supply of 105,221,701 ETH appears to show prospects of significant future growth as it still has space to reach and possibly surpass all-time-highs of $1,448.18. Read More
Market capitalization of cryptocurrency represents the dollar value of the currencies circulating coin supply. It is calculated by multiplying the price per coin by the total coins in circulation. While market capitalization can be an indicator of the value of a cryptocurrency, it does not always represent its real value. A lot of times, digital assets can be overvalued or undervalued.