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According to data from CoinMarketVap, Bitcoin (BTC) now makes up 50 percent of the entire cryptocurrency market capitalization.
Specifically, CoinMarketCap’s bitcoin dominance rate (which is an indicator that tracks the percent of the total cryptocurrency market capitalization contributed by the leading cryptocurrency) reached 50 percent for the first time since December 19th, 2017.
To calculate exactly: at the time of writing, bitcoin’s total market capitalization now stands a $105,785,552,545, which is about $901 million more than the market capitalization of every other cryptocurrency combined.
Bitcoin’s overall dominance rate has been on a steady rise over the past few months, currently representing a 14 percentage point increase from May 1st. In the same time period, the market dominance of all other
Read full article » https://hacked.com/investors-fleeing-altcoins-as-bitcoin-dominance-rate-hits-50-for-first-time-in-2018/
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For too long, people have lived in a system that is rigged. A system that makes the poor poorer and the rich richer. In 2009, an invention came into existence which is now shaking up the banking industry – but we still have a long journey ahead of us for financial freedom. Automation and AI will claim more jobs than the first industrial revolution did. Researchers are unsure of the ramifications. Countries are debating citizens’ income to adjust for the lack of jobs due to automation. We believe that people need to plan for their own financial freedom. We will share information on how you can make more money and help you take the right financial decisions for the coming years.
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