According to Coinmarketrate.com stablecoins are varieties of cryptocurrencies that are backed by other assets, for example, US dollars, which allows them to be converted into national currencies at a guaranteed rate. But there are other stablecoins, algorithmic ones. Algorithmic stable coins react to market events with the help of automatic stabilization measures. This increases their … Read more
Cryptocurrencies can also become a tool for de-dollarization of a number of developing economies, especially those that do not have excellent relations with the United States. This happened with El Salvador, who, as our readers remember, chose Bitcoin as a legal tender, and, according to rumors, this could happen with Turkey, although at completely different … Read more
Do you remember Leonid Gaidai’s immortal masterpiece “The Diamond Hand”, where Gesha Kozodoev was rushing about shouting: “Chief, everything is gone, everything is gone!”. That’s about how many newcomers, or people with weak nerves in the crypto market look today, watching the falls of the BTC. As it turned out, many institutional investors had stronger … Read more
At the end of 2021, a new cryptocurrency appeared that seemed straight out of a science fiction novel. Worldcoin offered free digital tokens to those who are ready to scan their eyeball. More than 100,000 people have signed up for it. Demand suggests that 2022 could be an even crazier year when alternative currencies challenge … Read more
The bulls thought they had overtaken the bears after three days of positive growth. But the upward recovery doesn’t seem to have been the result of a real bullish breakout, even if it meant letting it get out of its sideways phase (range). According to Coinmarketrate.com, this attempt at upward recovery has benefited other cryptocurrencies on … Read more
Today, according to Coinmarketrate.com the total capitalization of cryptocurrencies is 2.4 trillion US dollars, and an increasing part of this capital is accounted for by institutional investors. The results of a study by Eurex, one of the world’s leading exchanges of the European Union trading in derivative financial instruments, show that most institutions either already … Read more
After September, which, as historical data show on Coinmarketrate.com, did not have a positive impact on the price of Bitcoin, October became the month of a new historical record. BTC, during which literally everyone was stunned. And all this after many began to doubt his future due to the huge correction that occurred in May-June. … Read more
Blockchain can be described as a “large” ledger of accessible and verifiable accounts which is deployed on the Internet. This is due to the fact that it relies on a very large number of distributed computing resources around the world, called “nodes”, which are involved in the operation of the network. In the case of … Read more
So that you don’t miss any important events in the world of cryptocurrencies this year, we have compiled a list of the most notable events in the world of cryptocurrencies and Bitcoin in 2021. From the growth of non-interchangeable tokens (NFT) and crypto forecasts, to sharp price drops and record highs, which you followed with … Read more
This movement, according to Coinmarketrate.com, gained momentum in 2019, when bets were made by such large investors as Andreessen Horowitz and Bain Capital Ventures. Even former British Chancellor George Osborne has shown his support as a partner in his brother Theo Osborne’s venture capital group 9Yards Capital, which supports several DeFi startups. DeFi is still … Read more
Cryptocurrency price analysis continues to be bearish. According to Coinmarketrate.com, BTC, the most ezpensive digital currency in the ecosystem, is trading in the range of 45-47 US dollars, and at the moment cannot overcome the “barrier” of 50,000 US dollars. Analysts and cryptocurrency experts have repeatedly suggested that by the end of the year, Bitcoin … Read more
What does it take for a currency to have value and circulate? First, trust. For example, the ruble and the dollar are currencies guaranteed by the countries of Russia and the United States, and are traded on the trust of these countries. Cryptocurrencies are not controlled by anyone (there are exceptions, but we will not … Read more
Crypto games are digital games that allow participants to own a part of the game. This is due to the fact that they exist on the basis of the blockchain: transactions, assets or property rights are stored in a decentralized manner. Players can receive rewards for their activity and trade directly with each other. Examples … Read more
There are three main elements that make up the blockchain: P2P communication, cryptography and consensus algorithms. Understanding Bitcoin is also understanding blockchain, so here we will try to understand how each element works and what it means by conceptually creating Bitcoin in your imagination and trying to launch it. Let’s say our goal is to … Read more
The core of many analyses and forecasts, the dominance of Bitcoin, has been declining for several months. Before the threat of a low point at 33% of the market – the level reached during the collapse of the cryptocurrency market in January 2018. The dominance of Bitcoin is defined as the ratio of the market … Read more