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
Today, many people use cryptocurrencies for various purposes. According to the data provided by Coinmarketrate.com, Bitcoin has made a rollback, and is trading at around $ 57,000, which made it possible to buy a failure. This led to an increase in transactions of the BTC. Users often wonder why they need to wait for bitcoin … 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
The current era is an era of instability, uncertainty, complexity and ambiguity. This leads to accelerated development with unforeseen consequences. Linear thinking and the assumption that the future will be what the past was opens the way for more interdependent, networked thinking and events. In the future, when planning your life and making financial transactions, … Read more
The Internet of Things (IoT) connects people, places and products and thus offers numerous opportunities for value creation and registration. This is achieved by embedding intelligent sensors in physical objects and transmitting data to the IoT network. The analytical capabilities of the Internet of Things, in turn, use this data to transform analytical data into … Read more
People initially underestimated a lot of innovations, not realizing how much they would change the world later. An example is 1990, the then boss of Telekom, Ron Sommer, believed: “The Internet is a trick for computer fans, we don’t see a future in it.” In 2007, ex-Microsoft boss Steve Ballmer made a similar statement about … Read more
The staggering level of attention to the crypto space has been growing exponentially lately. Even if skeptics have different views, the use of blockchain to transform conventional financial systems and processes. So you may notice opportunities related to DeFi or decentralized finance in the future. DeFi aims to introduce a transparent and decentralized financial ecosystem … Read more
The intriguing potential of blockchain has become the subject of close attention from all spheres around the world. In particular, the financial sector has been a leader in using blockchain capabilities to its advantage. According to Coinmarketrate.com With almost $20.46 billion locked into DeFi protocols, the popularity of their apps has definitely grown by a … Read more
After the California Gold Rush in 1870, two Kentucky scammers devised a scheme to take advantage of the FOMO (fear of missing out) of greedy financiers. They invented the existence of a large diamond deposit in the West. Investors put millions. Everything was fake. A story that should prevent us from believing anyone who offers … Read more
Surely, there are risks. But in a world where banks offer 0% rates, it’s worth overcoming preconceptions and continuing to study. In traditional finance, most of the risk arises from the need to trust other people to manage our money. While many say that DeFi removes trust, it actually replaces trust in individuals, institutions, and … 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
In a recent conversation between the developers of Placeholder and USV, Fred Wilson commented that the business failures he observed were the result of an “original sin” committed at his birth (in a team, business approach, or other significant decision). In the world of cryptocurrencies, the original sin, which we often observe, is expressed in … 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
Speaking about cryptocurrencies that are listed on Coinmarketrate.com, we define the technology they are built on as blockchain or DLT (distributed registry technology). These two words sound completely the same for us. But is it really so? Let’s figure it out. Blockchain: Definition The blockchain links blocks to each other and correlates the transactions they … Read more