As of right now, the notional
value of the cryptocurrency sector is roughly a third the size of
Not exact matches
While the BOJ has no imminent intention to debut an official digital currency, the bank is reportedly supporting a private
sector project to develop J - Coin, a
cryptocurrency that aims to wean Japan off
of physical cash and which would be pegged in
value to the yen.
As the
cryptocurrency sector continues to develop, there are a variety
of crypto centric tools being built for investment, raising capital, delivering
value and even preparing for retirement.
More concerns have emerged about the
sector this week as Facebook banned
cryptocurrency advertisements and US regulators began investigating tether, a
cryptocurrency that some fear has been used to inflate the
value of bitcoin.
In the rapidly - growing
cryptocurrency sector, Token Market seeks to connect
cryptocurrency investors with a reliable source
of facts that affects the
value of new and existing
cryptocurrency assets.
While analysts such as
cryptocurrency fund Autonomous Partners founder and managing director Arianna Simpson believe that the price
of Ripple will not increase further at this
value, many still predict the market valuation
of Ripple to be sustained due to the increasing awareness
of the blockchain network from Wall Street and investors in the traditional finance
sector.
Ripple (XRP) is one
of the most talked about
cryptocurrencies of the last 12 months and rightly so — it's risen in
value by tens
of thousands
of percentage points and, in doing so, has grown to become a behemoth
of the
sector, currently ranked third only to Bitcoin (BTC) and Ethereum (ETH) by market capitalization.
This understanding was needed well before they could see the point
of a dedicated
cryptocurrency market, which Dowlat noted, has started to be discussed by these significant money managers «in terms
of sectors (by platform, anonymity, store
of value, among others).»