March 2019 Market Update


Market Analysis

Since the beginning of March, we have seen a steady upwards incline of total market cap on average, not only indicating stability but also consistent market growth.

Global market cap

In recent months, the total daily trade volume of all cryptos has continued to climb upwards too, now placing the daily volume back up near to the volumes that were traded during the 17’-18’ bubble.

crypto adoption statistics south America
(LocalBitcoins Statistics, check them for yourself by clicking here)

It is impossible to pinpoint all the reasons that the daily volume is consistently increasing, but it is safe to say that it is partially due to the consistently increasing levels in adoption in countries like Venezuela, Argentina, Chile, and Columbia, all countries that are prone to having volatile native currencies.

march trading volumes

Market Updates

-Following Samsungs move last month to integrate a crypto wallet into its new S10 smartphone,  Korea’s largest messaging app Kakao is integrating a cryptocurrency wallet for their 44 million users too.

Apple, google and samsung pay

-Samsung Pay is to add cryptocurrency as one of its payment options, to work alongside the S10’s inbuilt wallet for its 10 million users. Follow our Facebook page and stay tuned, as the second Apple Pay and Google pay follow suit, you will hear about it from us.

person holding a bitcoin logo behind Facebook logo with trading graph behind

Facebook reveals ambitous plan to replace USD with FaceCoin!

-Wuabit comes close to releasing feature where you can easily send Bitcoin, Ethereum and XRP from Messenger, Whatsapp, Telegram and Viber!

40 to 50 banks are expected to use Stellar powered IMB worldwide to instantly send money between each other! – Things are heating up for the fight between Ripple’s XRP and Stellar’s XLM!

stellar and IBM logos with moon and rocket