Useful articles with tag "Bitcoin"

BTC grew by 3% per day. On Tuesday, October 27, 2020, it updated a new 16-month high of $13,700. At the same time, global stock markets went down, for example, the leading Wall Street S&P 500 index fell by almost 2%.

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 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.

The volatility of cryptocurrencies is not very encouraging for sellers of goods. If Bitcoin can lose 70% of its value in a few days, then accepting it as payment is very risky. Let's add to this the ambiguity in the legislation and problems with the tax authorities.

Bitcoin has given its investors a Christmas miracle – since yesterday, the rate of the first cryptocurrency has risen to $ 8,000, overcoming several resistance points.

Bitcoin dropped 3% to less than $6900 in just 15 minutes yesterday! Again: 15 minutes = 3%.

Bitcoin broke its own record for the number of addresses on the network: 28.39 million instead of 28.38 million in January 2018. However, the real number of users differs, because some can store savings on several wallets, while others hold coins on exchanges and funds of a group of users can be on one wallet.

If forecasts and opinions in the crypto industry so often serve as a factor influencing the price of a cryptocurrency, then this is perhaps argument enough to be aware of their trends. 

The money goes. After the Upbit exchange was hacked, transfers of funds from hacker accounts in the amount of over $8 million were noticed. 55 thousand Ethereum (ETH) were transferred to unknown wallets. This amount was transferred in 10 transactions within two hours.