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
Tag: Analytics
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
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
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
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
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
According to Forbes, if you have only recently invested your fortune in the blockchain universe, then the recession is not a very pleasant sight and probably very deplorable for some. There are a lot of newcomers in the world of cryptocurrencies now, and for them we will try to explain how not to move their … Read more
The genesis of Bitcoin Cash originates from a divergence of views. According to the project description provided by Coinmarketrate.com , it arose as a result of the hard fork of Bitcoin in 2017. As it should be in such circumstances, each Bitcoin holder received an equivalent amount of BCH. What are the reasons for the … Read more
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
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
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
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