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The digital future is inevitable. The Impact of COVID-19 on the Global Economy and the Cryptocurrency Industry

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.

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The US plans to digitize the dollar

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.

 

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Crisis Trials for Bitcoin

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.

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Stablecoins. Variety, purpose and how they differ from other cryptocurrencies

Stablecoins are a separate type of cryptocurrencies, which are usually called digital assets designed to minimize the impact of price volatility. Stable coins are also cryptocurrencies and use the same technology as well-known Bitcoin, Ethereum, Tether and others, and their difference from the previously named cryptocurrencies is that they are tied to a physical asset.

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The launch of TON, announced on 30.04.2020, has been temporarily suspended by the US Federal Court

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.

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In 2020, due to the fall of the cryptocurrency market, miners may disconnect from the network

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.

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Differences between buying and selling cryptocurrencies through the exchange and exchanger

To understand the difference between the exchange and the exchanger we should determine the meaning of the exchanger and the exchange. On the exchanger, the work looks like this: you send funds to the company's account and receive the necessary cryptocurrency in return.

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Factors that affect the value of Bitcoin

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.

 

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Comparative characteristics of cryptocurrency exchanges

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.

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Ten-year crypto assets worth millions of dollars

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.

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