What market cap is considered big?
Good day, fellow investor! I'm curious, could you elaborate on what is generally considered a 'big' market capitalization in the cryptocurrency world? Is it a specific dollar amount, or is it relative to the size of other cryptocurrencies? And how does this metric influence the overall perception and potential of a coin? Thanks in advance for shedding some light on this!
Is PayPal considered an ACH?
Could you elaborate on whether PayPal is classified as an Automated Clearing House (ACH) system? Given the rise of digital payments and the popularity of PayPal as a payment gateway, it's important to understand the nuances of various payment methods. Does PayPal operate similarly to traditional ACH networks in terms of transaction processing, settlement, and compliance? Or does it function in a distinct manner that sets it apart from ACH? Clarifying this distinction would be valuable for merchants, consumers, and financial institutions alike.
How much is considered extremely wealthy?
I don't understand this question. Could you please assist me in answering it?
What is considered a high market cap?
In the world of cryptocurrency and finance, the market capitalization, often referred to as "market cap," serves as a key indicator of a digital asset's size and influence. However, the definition of a "high" market cap can vary depending on context and perspective. Could you elaborate on what generally constitutes a high market cap in the cryptocurrency industry? Are there any benchmark figures or thresholds that are widely recognized? Additionally, how does a high market cap typically correlate with factors such as liquidity, volatility, and investor sentiment? Your insights into this topic would be greatly appreciated.
Why are Chinese exchanges still considered Tier 2?
I'm curious to understand why Chinese cryptocurrency exchanges continue to be classified as Tier 2 despite their significant market share and user base. Are there specific regulatory, technological, or security factors that prevent them from achieving a higher tier? It seems they've made strides in recent years, yet the classification remains unchanged. Could you elaborate on the criteria used to determine these tiers and why Chinese exchanges specifically have yet to move up?