CoinGecko

November 14, 2024 12:49 PM

Crypto market capitalisation hits record $3.2 trillion, CoinGecko says

The value of the global cryptocurrency market has topped $3 trillion and is in uncharted territory as the election of Donald Trump as U.S. president spurred bets that friendlier U.S. regulation could usher in a new boom for all corners of the asset class. The sum market value of cryptocurrencies touched a high of nearly $3.2 trillion early on Nov. 14 in Asia, according to analytics and data aggregator CoinGecko. That puts it above even the heady days of 2021, when pandemic-era stimulus pumped ...

TON takes off on Telegram tie-up

A coin called TON has leapt in value in recent months, with investors betting its integration with messenger service Telegram could bring the cryptocurrency to the app's estimated 900 million users. Telegram endorsed TON in September last year, saying the blockchain and associated token would be its "official Web3 infrastructure". Earlier this month, TON said that Tether tokens could also be issued on its blockchain, allowing Telegram users to send the stablecoin to each other within...