In October 2020, Bitcoin, according to Coinmarketrate.com, cost just under $13,000. The price has increased several times in three months and reached $41,946. in January 2021. After several misses, the world’s largest cryptocurrency broke the next record. On November 10, Bitcoin reached a record high of $68,789. In the Bitcoin stream, other cryptocurrencies have also … Read more
According to Coinmarketrate, on November 16, there was a rollback of the BTC price. This led to the loss of 10% of the capitalization of the asset. For some, this is a disaster, for others it is a common phenomenon of the leading crypto asset. There is no constant growth. It leads to a huge … Read more
In bear markets, interest in the Bitcoin protocol usually weakens. Towards the end, only bitcoiners, “smart money” and miners remain. These agents are buyers of last resort, and they all have the same goal: to accumulate as many Bitcoins as possible before others start claiming it. And although, according to Coinmarketrate.com , there are more … Read more
Let’s be clear. In the official document, Nakamoto clearly meant that Bitcoin would be used for online payments, not for speculation. In particular, by creating a context to explain his electronic money system, he contrasts it with credit card networks. He begins by mentioning “online commerce” and its reliance on “trusted third parties to process … Read more
Usually, little attention is paid to the close connection that exists between cryptocurrencies and all other markets. On the one hand, the measured correlation between the US indices and the money supply comfortably exceeds 95%. On the other hand, the BTC has correlated by more than 85% with some stock indexes, such as the S&P … Read more
Alberto Gordo is the CEO of Protein Capital, an alternative manager from Luxembourg that provides services to Europe and Latin America for investing in cryptocurrencies. According to an interview for the Funds Society, the expert has a more realistic view of Bitcoin, estimating its value at $160,000 by 2024, and about $500,000 four years later. … Read more
Now it’s official: the summer downturn in the cryptocurrency market is over. According to Coinmarketrate.com , the crypto market, and above all, Bitcoin has shown impressive bullish growth. The key cryptocurrency grew by about 6.4 percent daily. According to calculations for the week, investors even expect growth of 32 percent. In absolute terms, the price … Read more
Most regulators in different countries are hunting for platforms without official identification procedures (KYC), so the anonymous purchase of cryptocurrencies is becoming increasingly difficult. After all, the crypto space has always taken the protection of online identity very seriously, and there are solutions that still contribute to this. It is enough to visit Coinmarketrate.com to … Read more
Cryptocurrencies in all directions have shown a significant increase over the past month, since reaching the bottom in the second half of July. At the same time, according to Coinmarketrate.com Bitcoin has grown by more than 50%, and smaller cryptocurrencies such as Solana and Cardano have grown by more than 700% and 200%, respectively. However, … Read more
When developing Bitcoin, Nakamoto severely limited its offer. The supply of Bitcoins is growing along a given path at a decreasing rate. There will never be more than 21 million PTS in circulation. As a result, there is no need to worry about unexpected changes in the BTC offer, since it is very predictable. A … Read more
In response to the shortcomings of Bitcoin, the Lightning Network was developed with the aim of increasing the speed of transactions. In addition to increasing the speed of the script, the Lightning Network is taking impressive steps to increase privacy and anonymity for users. Since its launch, it has grown by leaps and bounds, reaching … Read more
Unlike what many people think, euros, dollars, rubles or yen are money whose life span is very limited. In fact, they are all a type of money known as a “fiat” or fiduciary, officially born in 1971, which is not backed by gold or anything else. It’s just paper or numbers on a computer. In … Read more
Josh Pullan, managing director of Sotheby’s, said that there are few such diamonds put up for auction, which makes it really special. The sale, titled “The Key 10138”, is for a 101.38-carat diamond that has been classified by the Gemological Institute of America (GIA) like color D, flawless and type IIa. Throughout history, there are … Read more
Back in 2009, the original Bitcoin blockchain was launched. It was born due to the shortcomings of traditional financial markets and fiat currencies. Together with its launch, a new technology was born, which will be adopted by thousands of enterprises and millions of people around the world. Blockchain, a type of distributed ledger technology (DLT), … Read more
Bitcoin has become a major intervention in the global economy, redefining the traditional concepts underlying the operations of many financial institutions. He drew the world’s attention to a concept called “cryptocurrency”. Two Crypto Assets – Two Concepts The initial hype around that Bitcoin`s taking over the world’s economies has subsided over time due to fluctuations … Read more