Tag Archives: market cap

Zcsh begins dinbits 2016

Zcash Market Cap: top 10 cryptocurrencies

Zcash Market Cap climbed as much as $64.7m on April 4th, becoming one of the top 10 digital currencies by market capitalization.

This completely anonymous cryptocurrency was launched back in 2016 and it uses the so-called zero-knowledge proofs “zs-SNARKS” to help users hide their information during the transaction process.

In fact, the Zcash blockchain hides any information related to users and transaction amount, becoming one of the first completely anonymous digital currency together with Monero.

The major reason that helped to push zcash market cap is the rising supply of the protocol’s ZEC tokens, with the supply recently passing 1m ZEC.

While its token price rose to almost $6,000 after going live, the Zcash market cap grown only of about $1.9m.

Even if the current Zcash market cap fell back to twelfth place at press time, we expect it to rise again soon.

Zcash Wallet

Recently we at HolyTransaction launched our Zcash Wallet.

On our desktop wallet you can now store zcash, bitcoin, ether and more than other 20 digital currencies within the same login.

HolyTransaction, in fact, is a multicurrency wallet where you can buy and spend all the major cryptocurrencies, including: bitcoin, zcash, ether, dogecoin, litecoin, blackcoin, faircoin, gamecredits, tether, omni, decred, peercoin, gridcoin, dash and more, within the same account, allowing you to manage your cryptocurrencies in a safe and easy way.

Open your multicurrency wallet here.

 

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Amelia Tomasicchio
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Cryptocurrencies 2016: Bitcoin Alternative charts

Today we want to talk about Cryptocurrencies 2016, as the just ended year has been very exciting for several digital currencies and not only for Bitcoin.

A lot of major open-source currencies, in fact, showed a good growth during 2016 and we hope to see significant expansion in 2017.

Below you’ll read charts of the excited cryptocurrencies 2016, during a period between December 27, 2015 to December 26, 2016.

Source: Coindesk.com

Bitcoin

Market Capitalization (Beginning of Year): $6,161,215,794
Market Capitalization (End of Year): $14,590,356,108
Price (Beginning of Year): $411.99
Price (End of Year): $908.17
Price (Annual High): $909.94

For sure Bitcoin is the king of cryptocurrencies 2016, if we talk about value.

It is the oldest blockchain-based asset as today (January 3rd) it celebrates its 8th anniversary: the genesis block was generated on January 3rd 2009.

While I’m writing of this article, Bitcoin price is still growing, surpassing the value of $1,000 for 1 BTC.

Bitcoin price and trading volume were supported by several global circumstances, including the Chinese yuan devaluation, the UK’s Brexit, and the election of a Donald Trump.

 

 

Ethereum

Market Capitalization (Beginning of Year): $80,339,474
Market Capitalization (End of Year): $638,041,577
Price (Beginning of Year): $2.83
Price (End of Year): $7.31
Price (Annual High): $19.59

2016 saw Ether, or  the digital currencies that powers the Ethereum blockchain – become the best-performing currencies, with a more than 2,000% increase over the first six months of 2016.

The major reason for its instability was the DAO hack, the subsequent failure of the decentralized project, and the creation of ethereum classic. These factors led to a fall of nearly 50% of this altcoin value.

 

Anyway, Ethereum is the favorite network for possible FinTech permissioned distributed ledgers, enterprise software and Internet of Things applications, so 2017 could will probably show a capitalization increase for ether.

Litecoin

Market Capitalization (Beginning of Year): $149,142,004
Market Capitalization (End of Year): $212,469,870
Price (Beginning of Year): $3.41
Price (End of Year): $4.34
Price (Annual High): $5.55

One of the oldest bitcoin alternative, litecoin showed a stable valuation during 2016, closing $2 above its starting price for the year.

Dash

Market Capitalization (Beginning of Year): $16,081.586
Market Capitalization (End of Year): $70,675,107
Price (Beginning of Year): $2.64
Price (End of Year): $9.67
Price (Annual High): $14.42

In 2015, darkcoin decided to end its association with shadow businesses and the DarkNet by changing its name to Dash.

 

This re-branding seemed to work and Dash ended 2016 with pricing nearly three times, and a market capitalization close to four times.

Cryptocurrencies 2016 and their future

As we enter 2017, the future for cryptocurrencies seems bright, as the digital currency market will continue to progress and prove its worth as one of the top-performing commodities available today.

We at HolyTransaction are very happy to work with this top-rated cryptocurrencies, as our wallet can store Litecoin, Dash, Ethereum and Bitcoin within a unique login.

Needless to say, we are proud to have chosen the best and the most profitable cryptocurrencies for our multicurrency wallet you can open here for free.

 

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Amelia Tomasicchio