Useful articles from category "Analysis"

On Thursday, April 23, the exchange rate of the main cryptocurrency updated the local maximum. According to traders, for further growth, bitcoin needs to hold resistance at $6861-$6974.

Almost every one of us at least once used the phrase "My life will never be the same" as a joke. Today, this phrase has played a cruel joke on the global economy and views on the world of cryptocurrencies, because indeed, neither the first nor the second will ever be the same.

Kraken specialists described the conditions under which bitcoin will rise to $350,000. This can happen by 2044 due to the transfer of capital by inheritance to younger generations.

The issuance of Gram tokens has been suspended by the Federal Court of the State of New York, which were supposed to be distributed within the Telegram application, with an investment capital of $ 1.7 billion.

Since the beginning of March 2020, the hashrate of the Bitcoin network has fallen by 21%. As you know, the bitcoin network determines many factors that affect the course of almost all known bitcoin forks and hard forks. Against the background of the general fall of exchanges, even stable cryptocurrencies felt the effects of Friday March 13th 2020.

The exchange rate of bitcoin, like any other currency, depends on many factors. Knowing the factors that directly affect the exchange rate of bitcoin against the dollar and other currencies, you can better understand and predict the events that occur in the crypto market.

Cryptocurrency exchanges are platforms designed for trading cryptocurrencies, as well as exchanging at a fixed rate. Exchanges allow users to purchase, sell, store, and exchange cryptocurrencies. They are divided into two categories, namely centralized and decentralized, but as practice shows, it is the former that are mostly popular. Some exchanges provide a service for exchanging cryptocurrencies for fiat.

A former bitcoin miner has discovered a forgotten multi-million dollar fortune. In 2010, when the block reward was still 50 bitcoins, and mining was still possible with the help of video cards (GPU), an anonymous miner mined at least 1000 BTC and for unknown reasons left a wallet with untold wealth.

One of the biggest falls in the history of the crypto industry took place on Friday 13/03/2020. The Bitcoin exchange rate fell more than twice in just a day by -52% in 24 hours. One of the forefathers of the cryptocurrency updated a new local minimum on this day, which was equal to $3600 per coin.