Useful articles from category "Insights"

Cryptocurrency analyst from Twitter under the nickname CryptoKea believes that the trend of stagnation of miners is intensifying:

The Antpool pool that mined this block received a reward of only 6.25 BTC. The main consequence of halving is a decrease in the amount of BTC for sale, which will lead to an increase in the exchange rate.

Before that, the rate of the main cryptocurrency reached the rate of $9,203, but subsequently fell again to $8,600, which is probably due to the US accusing the Chinese authorities of concealing information about the coronavirus.

The Ministry of Energy of Ukraine submitted a proposal for a state-owned company to study the issue of mining in order to conquer additional markets for electricity. As a result of a global pandemic, electricity consumption in Ukraine has significantly decreased, referring to the energy crisis, the need for correlation will be implemented using alternative energy sources.

Reaching this level and growing by 19% again made bitcoin the most profitable asset in 2020. Investor Alistair Milne notes the growth of the first cryptocurrency by 27.4% since the beginning of the year.

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.

At the end of March 2020, the news spread around the world that the Digital Dollar Foundation announced the creation of a group of advisors of 22 members who will be entrusted with the task of developing the basis for creating a digital currency of the US Central Bank.

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.