The cryptocurrency market which made its debut in 2009 has grown geometrically to about $2 trillion in 2021 with sturdy backing from the Wall Street.
Coin base, a cryptocurrency plans to list in New York today.
Paypal now accepts payments in crypto currency. Bitcoin the most popular now has about 18.7 million bitcoins in circulation with a limit of 21 million set by its alleged anonymous founder, Satoshi Nakamoto.
Bitcoin crashed in 2018 and made a rebound and is now valued at around $60,000.
World’s Second Wealthiest man, Elon Musk has publicly endorsed bitcoin and his company, Tesla purchased $1.5 billion worth of it and now accepts it as a medium of making payment for the purchase of the electric car.
According to coinmarketcap, there are about 9000 different crypto currencies in global circulation.Get WordPress help, plugins, themes and tips at MachoThemes.com