The market capitalization of the cryptocurrency market is on the rise.
That’s the takeaway from a new report from Nomura, which tracks digital currencies.
The report finds that the total market cap of cryptocurrency is more than doubled from a year ago, to $3.4 billion.
That jump is mostly attributed to digital currencies like Bitcoin and Ethereum, which are seeing a massive surge in popularity.
Bitcoin has more than tripled since last year.
The average price of a cryptocurrency has nearly tripled since the start of 2017.
There are many reasons why this is happening.
Bitcoin’s value has gone up in tandem with a shift in regulatory frameworks, as the U.S. government has begun to regulate the technology.
And it’s the government’s desire to have cryptocurrencies like Bitcoin go mainstream that’s fueling the surge.
“Bitcoin has seen a massive rally over the last year,” says Chris Voss, an analyst at Nomura.
“We’re seeing a lot of people start to look at cryptocurrency in a different way.”
A new wave of investors, investors that are not traditional investors, are now starting to invest in cryptocurrencies like Ethereum and Bitcoin, which can be seen as a potential gold rush.
But investors that have previously been skeptical of the technology are now opening up their wallets and making their first investment.
Some of those investors have become cryptocurrency millionaires.
Bitcoin and other cryptocurrencies are becoming more mainstream and popular in the U., especially among younger consumers.
The market cap for cryptocurrency has more nearly doubled since last years report.
The median age of the first person who bought a cryptocurrency last year was 21.1 years old.
The number of people who bought cryptocurrencies in the first quarter of 2018 is up from 8,000 in the same period a year earlier.
There’s a lot more excitement around cryptocurrencies than the government has ever seen before.
And there’s also a lot less regulation.
That means there’s no central bank to keep an eye on how cryptocurrencies are being used and used by people.
The U.K.’s Financial Conduct Authority said in March it would start enforcing a new regulation that would require banks to report all trades in cryptocurrencies.
And in June, the U,S.
Federal Reserve said it would review the regulation that applies to cryptocurrencies and other virtual currencies.
And as digital currencies have become more popular, regulators have started cracking down on the use of them.
“The biggest change in this space is people are investing more into cryptocurrency,” says Voss.
“They are becoming aware of it and are starting to use it more.”