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Global Blockchain Mining cites crypto-asset marketplace rebound after turbulent start to 2019

The market cap of cryptocurrencies climbed to US$143 billion on February 24 from USD $111 billion on February 8, figures from Coinmarketcap.com show

An illustration for cryptocurrencies
The 24-hour trading volume of cryptocurrencies rose to US$39 billion, according to Global Blockchain

Global Blockchain Mining Corp (CSE:FORK) (OTCMKTS:GBCHF) said the crypto-asset marketplace is enjoying a rebound after a turbulent start to 2019.

The market cap of cryptocurrencies climbed to US$143 billion on February 24 from USD $111 billion on February 8, according to Global Blockchain Mining, citing figures from Coinmarketcap.com.

In addition, the 24-hour trading of cryptocurrencies increased to US$39 billion on February 24 from about US$12 billion on January 1. Global Blockchain Mining said.

READ: Global Blockchain Mining says Nuvo Cash Ltd blockchain network crowdsale set for March 1

“These changes indicate a gradual improvement of the crypto asset space at large, which stand to reflect a positive outlook for FORK's investments and business endeavors,” Global Blockchain Mining said Monday in a statement.

Earlier this month, the company said the crowdsale for the Nuvo token will begin March 1. In January, Global Blockchain Mining said it had completed development of a proof-of-stake resource aggregation platform as part of providing consensus services on five blockchain networks.

Shares of Global Blockchain Mining flat in Monday’s OTC Markets trading and fetched a penny in Canada.

Contact Dennis Fitzgerald at [email protected]

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