• Home
• Media Outreach
• Opportunity or bubble, digital currency market valued at hundreds of billions of dollars

Jumat, 28 September 2018 20:45:00

Opportunity or bubble, digital currency market valued at hundreds of billions of dollars

HONG KONG, CHINA - Media OutReach - 28 September 2018 - Benefited from the blockchain consensus mechanism, the digital currency market realized an explosive growth in 2017, with its total market value surpassing USD 800 billion, the accumulated annual growth rate exceeding 3000%. However, 2018 saw the declining trend of digital asset market, with its total market value plummeting below USD 220 billion. Such a dramatic change brings the question: Is this huge market an opportunity or a bubble?

Essence of finance lies in circulation based on credit. The blockchain technology featuring decentralization, traceability, non-alteration and openness is conducive to building a low-cost credit mechanism. The emerging finance market based on digital currency is booming.

As one major business of BihuEx Fund and backed by 500,000 BihuEx users, the registered users of Mars Digital Asset Bank are expected to exceed 300,000 by the end of 2018, with its business scale surpassing USD1.5 billion and profits up to USD18.65 million. To speed up its development and meet capital requirements on technical security, global promotion, team building, license applying and provisions for banking turnover, Mars Digital Asset Bank plans to raise USD 9.5 million by releasing 8% of its total shares in the first phase of offering.

Click the link here（http://39.106.177.30/ftp_user/banner/1536998682311.pdf） to learn more about us. Prior to decision making, investors are kindly requested to carefully read the Prospectus.

7 bulan lalu

Carrascal Nickel Corporation Strengthens Its Position as a Responsible Mining Leader in APAC Through Sustainability and Community-Focused Initiatives

Beyond environmental programs, CNC continues to lead in social development initiatives through its unwavering support for livelihood enhancement, education, health services, infras

7 bulan lalu

Asia School of Business Memimpin Evolusi AI di Asia Tenggara Melalui "AI-Powered Leadership Conference" Perdana

Menteri Digital Malaysia, menyampaikan apresiasi atas kehadiran para pemimpin yang memahami pentingnya Kecerdasan Buatan

7 bulan lalu

Indonesia Tampil Gemilang dalam ACES Awards 2025 dengan Kemenangan Luar Biasa di Bidang Kepemimpinan, Keberlanjutan, dan Inovasi

Dr Shanggari juga mengatakan bahwa jajaran pemenang yang tangguh dari Indonesia mengirimkan pesan yang jelas kepada wilayah ini, bahwa masa depan menjadi milik para pemimpin yang m

7 bulan lalu

7th Hainan Island Int'l Film Festival Kicks off in Sanya

This year's edition has set a new benchmark, receiving a record-breaking 4,564 film submissions from 119 countries and regions, totaling over 2,900 hours of footage