Categories: News

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.

Miscw.com

Recent Posts

Step into Hong Kong: Experience the “Immersive Hong Kong” Exhibition in Dubai

HONG KONG SAR - Media OutReach Newswire - 20 December 2024 - The "Immersive Hong…

12 hours ago

ZJLD Awarded the 2024 Hong Kong Corporate Governance and ESG Excellence Award by the Chamber of Hong Kong Listed Companies

HONG KONG SAR - Media OutReach Newswire - 20 December 2024 - The first baijiu…

18 hours ago

Japan’s first overseas JOYPOLIS SPORTS flagship complex opens in Kai Tak Sports Park

The all-weather indoor sportainment complex, JOYPOLIS SPORTS HONG KONG, grandly opens today. With five stories…

18 hours ago

XTransfer and OCBC Jointly Announce Comprehensive Partnership

"Global Multi-Currency Accounts" Empowers SMEs with New Market Opportunities SHANGHAI, CHINA - Media OutReach Newswire…

19 hours ago

XTransfer and OCBC Jointly Announce Comprehensive Partnership

"Global Multi-Currency Accounts" Empowers SMEs with New Market Opportunities SHANGHAI, CHINA - Media OutReach Newswire…

19 hours ago

Guangzhou Development Zone Aims to Build a Bridgehead for the opening up of Guangzhou, China

GUANGZHOU, CHINA - Media OutReach Newswire - 20 December 2024 - This year marks the…

19 hours ago