Cryptocurrency capitalization exceeded $ 300 billion

The total value of the digital currencies on the market exceeded the $ 300 billion mark
27 November 2017   932

According to the analytical service of Coinmarketcap, at present the capitalization of the cryptocurrency is $ 304.9 billion; the cumulative daily turnover of trades - $ 12.4 billion. Such a rapid growth in market capitalization is largely due to the recent rally of the first digital currency, whose price is confidently approaching the mark of $ 10,000.

The index of dominance of the first cryptocurrency is still relatively high and is 53.5%. Also bitcoin is the undisputed leader in the daily trading volume ($ 5.8 billion). Recently many other cryptocurrencies have demonstrated strong growth too, which could not but affect the growth of the market.

On the first day of 2017, the total value of digital currencies hardly exceeded the $ 18 billion mark. Mark of $ 200 billion market cryptocurrency overcame at the beginning of November. Since the beginning of the year, the cryptocurrency market has grown more than 16 times.

Member of British Parliament Wants to Payl Tax in BTC

MP  comments were made shortly after the Ohio government allowed companies registered in this state to pay bitcoin taxes
11 December 2018   10

Eddie Hughes, a member of the UK Conservative Party, said that the state should make it possible to use Bitcoin when paying taxes and utilities. It is reported by The Daily Express.

Eddie Hughes, who represents North Walsall in parliament, calls himself a "crypto-enthusiast with amateur knowledge." According to him, the blockchain technology attracts a lot of attention, and therefore members of parliament "must understand it."

Eddie Hughes also said that he recently met with representatives of the Royal Society for Water Rescue, which accepts donations in cryptocurrencies, after which he came to the idea of ​​making it possible to use Bitcoin when paying municipal taxes and utilities.

It just feels like it gets talked about a lot, wherever you go in the UK, and as MPs we have a duty to understand it. 
 

Eddie Hughes

MP

Hughes comments were made shortly after the Ohio government allowed companies registered in this state to pay bitcoin taxes, which he also reminded in his interview within the publication.