Importance of crypto in developing countries

Importance of crypto in developing countries

Since the birth of a new financial revolution such as Bitcoin, certain obstacles have arisen in its path, ranging from environmental impact to political dissatisfaction. Various representatives of the political authorities in most countries opposed this evolution, but, nevertheless, it seems that the motivation for evolution is stronger than the failures on the way to … Read more

Cryptocurrencies and Inflation

Cryptocurrencies and Inflation

Since the term “inflation” can often cause confusion, let’s start by explaining the different definitions of the word “inflation”, and determine how it differs in the traditional financial and cryptocurrency industries. In general, in all its definitions, the word “inflation” is synonymous with the expansion of the concept. Applied to finance, it refers to the … Read more

Bitcoin: factors that led to sharp price drop

Bitcoin: factors that led to sharp price drop

The cryptocurrency market has fallen again. Digital assets were not the only ones to suffer during the fall. The traditional stock market has also contributed. The broader Wall Street index, the S&P 500, fell 2.12% to 4,380.26 points. The technology-heavy Nasdaq index fell 2.88% to 13,716.71 points. The Dow Jones, in turn, fell by 1.78% … Read more

Cryptocurrency Market Analysis

Cryptocurrency Market Analysis

High inflation worries many investors today. One would expect that rising inflation would play into Bitcoin’s hands, but recently the asset has been showing a correlation with risky assets and stock markets such as the S&P500. In recent weeks, this correlation has weakened slightly, but this does not mean that Bitcoin is now immune to … Read more

Cryptocurrency Market Analysis: New Alarm Signals?

Cryptocurrency Market Analysis: New Alarm Signals?

There is a lot of nervousness today, but both Bitcoin and Ethereum are holding on to important levels, without any panic, although inflation, stocks, rumors of war are important issues that will occupy the minds of many for some time. The overall situation in the markets is not the best. We have inflation, which “bites”, … Read more

Bitcoin in the face of rising interest rates

Bitcoin in the face of rising interest rates

Perhaps one of the most plausible explanations of the observed inflation today is that the gears didn’t work as expected, since QE (Quantitative Easing) — monetary policy used by Central banks to stimulate national economies, often used unproductive, when companies used low yield of bonds to repurchase shares, and not for growth initiatives. It took … Read more

Bitcoin, Ethereum and Spreads

Bitcoin, Ethereum and Spreads

The annual inflation rate in the eurozone by the end of January 2022, according to preliminary estimates, was 5.1%, which was the highest indicator in the entire history of observations, according to Eurostat. In December 2021, annual inflation in the Eurozone was 5%. Central banks are in the grip of inflation and spreads, and this … Read more

Bitcoin is needed by everyone, despite the number

Bitcoin is needed by everyone, despite the number

While there is a measured recovery of the cryptocurrency market, and the king of cryptocurrencies, according to Coinmarketrate.com, is in the price range of $35 – 40K, new records and events are taking place in the Bitcoin world, which indicate that no fall can shake the faith of crypto-enthusiasts and the hopes of institutionals. Let’s … Read more

Who invested in Bitcoin?

Who invested in Bitcoin?

Many in the crypto space were happy to receive the news that such major companies as Tesla or MicroStrategy began pouring their millions into Bitcoin. Well, naturally, this became the driver of the value of the crypto asset, and eventually led to the ATH that the asset reached. Everything would be fine but… This has … Read more

Crypto Space Today, and What to Expect Tomorrow

Crypto Space Today, and What to Expect Tomorrow

To be sure, even the laziest today are talking about the fall of Bitcoin. But crypto traders and investors, and just those who are present on the cryptocurrency market, understand perfectly well that the rollback is natural. And besides Bitcoin, there are plenty of events on the market. But, we will not break traditions, and … Read more

What is the difference between cryptocurrencies and banks

What is the difference between cryptocurrencies and banks

For more than a decade, investors using traditional financial instruments have been experiencing difficulties due to ultra-low interest rates. For example, in the US, the average interest rate on savings is only 0.04%, in the UK – about 0.40%, and in the eurozone countries in 2021 – about 0.50% (in Spain and Germany – up … Read more

Bitcoin Adoption is Gaining momentum

Bitcoin Adoption is Gaining momentum

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

Why Ethereum Could Displace Bitcoin in 2022

Why Ethereum Could Displace Bitcoin in 2022

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

Bitcoin is below $50,000 again

Bitcoin is below $50,000 again

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