Market capitalization (often shortened to market cap) is the approximate total value of a cryptocurrency, typically shown in US dollars. The market cap of a cryptocurrency is calculated by multiplying the number of coins or tokens in existence by its current price. Nov 21, · Hi there, this is ETMarkets’ Investors Guide, a show about asset classes, market trends and investment opportunities. This is Atul PM. Bitcoin, the world best-known cryptocurrency, topped the $18, mark on Wednesday to hit its highest level since . Dec 18, · A herd of new, institutional investors are scooping up bitcoin this year as the price more than doubles. Skip Navigation. Markets. Stock Quotes, and Market Data and Analysis.
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If you want to put your money to work in a company with a bright future and exposure to bitcoin, Square is it. Sea gives investors access to Southeastern Asia , which remains a largely underbanked region of the world, yet is experiencing a windfall of growth from a burgeoning middle class throughout the region. To date, Sea's gaming division has been its breadwinner. But the dominance of digital entertainment won't be long-lived for Sea Limited -- and that's actually a good thing for investors.
The far more exciting operating segment for the company is its Shopee e-commerce platform. Without question, the pandemic played a role in bolstering online orders throughout Southeastern Asia. But it's not as if Shopee wasn't growing like a weed before the coronavirus pandemic hit. Additionally, Sea launched SeaMoney in , which today provides mobile wallet services and payment processing for individuals and businesses.
In Q2 , the number of paying users for its mobile wallet services topped 15 million. If your heart is set on digital payments, skip bitcoin and enjoy the high-growth and digital exposure you'll get with Sea Limited. If your thesis surrounding bitcoin is that it could lead to a digital purchasing revolution , cloud-based e-commerce solutions provider Shopify is the company for you. According to the company, it already possesses the second-highest share 5.
The beauty of the Shopify platform is that the company is only scratching the surface , in terms of addressable market, yet is already the second-largest online retailer by GMV. What's more, this is a subscription-driven business model that's highlighted by robust margins and minimal client churn.
This is a high-growth company that's still in the early innings, and investors would be wise to choose it over an investment in bitcoin. Investing Best Accounts. Stock Market Basics. Stock Market. Industries to Invest In. Getting Started.
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Holding the ground would be vital for the top cryptocurrency as per popular crypto analyst Joseph Young. The RSI on the weekly chart is still above 80 and shows the correction might not be just over. Though the long term technicals still look good for Bitcoin but in short term a very high volatility and downward movement is expected. All Rights Reserved. Search for:. Price Analysis. ICO Review. Submit ICO Review. Editor's Pick. Be safe out there! Share on Facebook. Share on Twitter.
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