Top Four Cryptocurrencies in the World

Freehold, New Jersey resident Robert M. Ryerson is a Certified Financial Planner at New Century Planning. Knowledgeable on various investments including alternative assets like cryptocurrencies, Robert M. Ryerson speaks at educational seminars about the different types of digital cash technologies. Below are four top cryptocurrencies in the world as of the first quarter of 2020:

1. Bitcoin – Established in January 2009, this was the first decentralized peer-to-peer electronic cash system. It is also the most popular with a market cap north of $121 billion.

2. Ethereum – Founded by Vitalik Buterin, this cryptocurrency was launched in July 2015 based on the founder’s belief that there was a need for a new peer-to-peer platform with a more general scripting language allowing decentralized apps to be built and run around it. It has a market cap of slightly over $14.9 billion.

3. Ripple XRP – Developed by the Ripple Company, this is a real-time global settlement network facilitating instant, low-cost, and transparent international payments. It has a market cap of about $7 billion.

4. Tether – One of the first cryptocurrencies to peg themselves to an actual currency or other tangible assets, Tether was launched in 2014 as a platform to support the use of paper currencies in the digital sphere. It has a market cap of over $4.6 billion.

Published by Robert Ryerson

A financial professional with more than three decades of experience, Robert Ryerson works closely with clients in the Freehold, New Jersey, area to meet their financial planning needs. As a Certified Financial Planner (CFP) at New Century Planning, he focuses on retirement income planning, as well as estate administration, regularly assisting his clients with legacy and estate planning. He also advises them on health and disability insurance, including Medicare, Medicaid, and Medicare Supplement Plans. Mr. Ryerson’s many years helping his clients navigate the complexities of retirement planning gave him a deeper understanding of the healthcare costs that retirees face. In 2013, he drew upon this knowledge to co-author the book What You Don’t Know About Retirement Will Hurt You. Outside of his work at New Century Planning, Robert M. Ryerson is a regular fixture at workshops and seminars on retirement. He has delivered several keynote speeches on the often-confusing topic of required minimum distributions. Mr. Ryerson continues to share his financial expertise as a facilitator of online courses for Certified Public Accountants through The Society for Financial Awareness. In the early 2010s, Mr. Ryerson became concerned about the threat of identity theft after noting the many cybersecurity breaches suffered by major companies. He became a Certified Identity Theft Risk Management Specialist (CITRMS) in 2014. He has since taught identity theft recovery courses at local community colleges. Mr. Ryerson also wrote a book on the topic entitled What’s the Deal with Identity Theft: A Plain English Look at Our Fastest Growing Crime. A graduate of Rutgers University with a degree in economics, Mr. Ryerson began his career in the financial services industry as a stockbroker. He obtained his CFP designation in 1991 and began working as an independent financial planner a few years later. In addition, he is a notary public.

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