Diesen Artikel teilen
Bitcoin's Market Value Now Exceeds That of Facebook
Bitcoin is currently more valuable than all but six of the world's publicly traded companies.
Von Kevin Reynolds
The explosive surge in the rise of the price of bitcoin has propelled the market value of the leading cryptocurrency past that of social media giant Facebook.
STORY CONTINUES BELOW
Não perca outra história.Inscreva-se na Newsletter Crypto Daybook Americas hoje. Ver Todas as Newsletters
- With a market value at this writing of $761.5 billion, bitcoin is now more valuable than all but six publicly traded companies, sitting between Tesla at $805.3 billion and Facebook at $752.4 billion.
- After rising more than 300% in 2020, the price of bitcoin is still climbing at an astonishing rate, having gained more than 40% in the last eight days. Bitcoin is currently at $40,758.95, up about 4% in the last 24 hours. It closed 2020 at $29,111.63.
- During the past several days, bitcoin has also risen up the ranks of the world's most valuable currencies, overtaking the Russian ruble and the Thai baht, to sit just above the baht and below the Swiss franc.
- For one pair of identical twins at least, bitcoin's overtaking Facebook undoubtedly has a more personal significance: Cryptocurrency exchange Gemini co-founder and bitcoin billionaire Cameron Winklevoss, who unsuccessfully sued Facebook founder Mark Zuckerberg for allegedly having stolen the idea for the social networking site from him and his brother, surely felt good being able to tweet the following:
Publicidade
#Bitcoin has surpassed Facebook $FB in market cap. Makes sense that a money network would be more valuable than a social network. pic.twitter.com/XofI9W0Mce
— Cameron Winklevoss (@cameron) January 8, 2021
See also: Why Is Bitcoin Going Up, and Will It Crash Soon? What’s Next as Price Doubles to $40K
Plus pour vous
Solana CME Futures Fell Short of BTC and ETH Debuts, but There's a Catch
When adjusted for asset market capitalization SOL's relative futures volume looks better, K33 Research noted.
Ce qu'il:
- Solana's SOL futures began trading on the Chicago Mercantile Exchange (CME) on Monday, with a notional daily volume of $12.3 million and $7.8 million in open interest, significantly lower than the debuts of bitcoin (BTC) and ether (ETH) futures.
- Despite the seemingly lackluster debut, when adjusted to market value, SOL's first-day figures are more in line with BTC's and ETH's, according to K33 Research.
- Despite the bearish market conditions, the launch of CME SOL futures offers new ways for institutions to manage their exposure to the token, said Joshua Lim of FalconX.
Top Stories
