- Number and value of cryptocurrencies continue to rise
- Cryptocurrency ATM market set for CAGR of 46 percent until 2025
- NetoBit ATM allows purchase and sale of bitcoin
Accurate estimates of the value of cryptocurrencies in circulation appear to be eluding analysts. Writing in December 2017, one suggested ‘the total value of all cryptocurrency in circulation is now almost $100bn’ (http://nnw.fm/x2kRx). Around the same time, the Washington Post estimated the value of the 16.7 million bitcoin then in circulation at $189 billion (http://nnw.fm/6W1Ig). Counting cryptocurrencies is tough, particularly as analysts take aim at a moving target. Not only the value but also the number of currencies keeps changing. In December 2017, ‘there were 1,324 cryptocurrencies listed on CoinMarketCap.com’. By June 13, 2018, with the addition of Aston, Press One and Candy, that number had increased by 23 percent to 1,628.
Regardless of the final figure, the consensus is of a market that is large and growing larger, factors that make it increasingly important to facilitate exchange between crypto and fiat currencies. Recognizing how crucial that link is, Virtual Crypto Technologies Inc. (OTCQB: VRCP), an Israeli-based company dedicated to the mission of making cryptocurrencies accessible to the public, is now offering a…
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