Crypto currency exchange CoinMarketCap.com has announced it has been acquired by CryptoCoin, an exchange for crypto coins.
The company will now focus on its own cryptocurrency trading platform, CoinMarket.com, which it acquired from Crypto Coin in May.
The exchange has more than $2m of crypto-backed coins in its portfolio.
The new coin, CoinCurrency, will become CoinMarketCrowd.com’s primary crypto-currency exchange.
CoinCrowd will also provide trading and liquidity for cryptocurrencies on CoinMarketCoverage.com.
CoinMarketShare.com will continue to be the official cryptocurrency exchange for the crypto world.
It will be run by CoinCancer, an industry leader in the field of cancer prevention, and it will also focus on crypto coins for the foreseeable future.
The newly acquired company, CoinShare.org, will be the main exchange for bitcoin, litecoin and dash, as well as the world’s largest crypto marketplace.
The two new exchanges will be able to operate independently of each other, which will make it possible to invest in the world of cryptocurrencies without having to go through a traditional broker or exchange.
The acquisition by Crypto Coin is a major boost to the crypto space.
The cryptocurrency market is expected to reach $1.5tn by the end of 2020.
Cryptocurrencies have recently gained momentum in the global economy and have been making waves as a means to finance illicit activities and to hedge against potential economic crises.
The market is also undergoing a dramatic transformation.
In 2017, the price of a single cryptocurrency rose from $0.0027 to $0 (about £0.02) to reach a record high.
Cryptos have seen their value increase by hundreds of billions of dollars in the past few years.
The rise in popularity has seen new cryptocurrencies and digital currencies like Ethereum gain momentum.
CryptoCoin is the second largest cryptocurrency exchange in the US with $7.5bn in volume.
The website will now become the official crypto exchange for both crypto currencies.
The CoinCancestors.com website will continue as the official coin exchange for digital currencies.