The launch of the tBTC network, the Bitcoin token on the Ethereum network, is one of the most ambitious and long-awaited projects. The creation of a “bridge” between Bitcoin and Ethereum has the support of many companies and private investors. In particular, Keep Protocol invested $7.7 million in the project, which was received from the sale of private tokens. This financial injection should accelerate the development of the Ethereum privacy system, the conversion mechanism and the launch of tBTC in general. How will Bitcoin tokenization be done in Ethereum? The main task of tBTC is to provide the opportunity to
Over the past few months, Tezos has shown signs of bullish momentum, despite a general collapse in the cryptocurrency market. Despite the prevalence of bearish sentiment in the market, according to analysts, this asset can reach a new maximum in the near future. XTZ/USD price charts show bullish momentum Tezos has a not very clean reputation within the crypto community. Many XTZ holders faced Tezos fraudulent activity and repeatedly sued project managers. Some investors went bankrupt after investing in Tezos. In particular, investors were convinced that they would make a profit of 200% if they buy Tezos in early 2020.
For more than 10 years, the name of the creator of the cryptocurrency remains a mystery. This unknown has generated a lot of speculation and the so-called false inventors of bitcoins. Who is really a crypto dad? Wei Dai may be a Satoshi? Assumptions and Facts There are suggestions that behind the name of Nakamoto Satoshi, one person or a whole group of creators may be hiding. Many researchers on this topic are of the opinion that the role of Satoshi could be performed by computer engineer Wei Dai. He is a well-known developer in narrow circles, but always remained
Co-Chairman Ethereum Vitalik Buterin announced that the implementation of the update, code-named Serenity, would be suspended indefinitely. This news was an unpleasant surprise for developers who spent a lot of time developing a large-scale network update and an enhanced ecosystem of the platform. Today, Ethereum is one of the most visited and sought-after platforms for creating blockchain systems. Despite the presence of competitors, in particular, the Tron platform, Ethereum occupies a leading position in terms of decentralization. Ethereum was also actively used as a platform for the initial offering of ICO coins. Although among the creators of new projects there
After the introduction of the US $2.2 trillion stimulus package in the US, the question of creating a digital US dollar was put off the table. Let’s take a closer look at how the design of the digital version of the dollar can change the market paradigm. Pause for the digital dollar: isn’t the US missing out on good prospects? The news that the Federal Reserve refused to launch the digital dollar indefinitely caused a storm of skepticism from many analysts. They are convinced that the digital version of the dollar can significantly strengthen the position of Bitcoin and the
Amid falling traditional markets, Tesla is demonstrating its resilience to change and “storms” in the financial market. When other assets felt precarious, Tesla continued to be a leading commodity. Despite a recent slight decline, Tesla shares have been up to date. Shares of Tesla Inc (NASDAQ: TSLA) performed well during a sharp fall in the global market. Despite the prevalence of downtrends, Tesla shares (TSLA) go up. This once again confirms the stability of this asset to fluctuations in market conditions. Tesla shares (TSLA) were up 23% last week. Tesla expects a new rise According to many analysts, Tesla’s stock
Since its inception, Bitcoin has been trying to maintain the image of an independent, decentralized asset. Crypto-Papa Christopher Giancarlo, former chairman of the US Commodity Futures Trading Commission [CFTC], cast doubt on this postulate. He is convinced that the official document of Satoshi does not mean that Bitcoin should remain outside the control of the government and regulatory bodies. He recently commented on this statement: “According to Satoshi’s concept, Bitcoin should become a digital currency, which will avoid the mediation of banks and commercial institutions in conducting financial transactions. But nothing is said that Bitcoin should be outside government and
Cryptocurrency from the moment of its appearance on the world financial market was widely estimated by many as a risky asset. Despite a record drop in March 2020, the digital currency rebounded from a critical low. Now cryptocurrency feels more confident amid falling stock markets. Despite this, the fear index remains high. During the recent fall in Bitcoin prices to $3,000, the fear index reached 10 points. This is the highest rate compared to the crises that the digital currency previously faced in 2018 and 2019. What is important to know about the Crypto Fear & Greed Index? The Crypto
You are not mistaken. You can buy bitcoin for cash. We know that it is complicated to understand the trading and exchange platforms of Bitcoin, especially if you are a novice user. Some sites offer credit/debit card payments, but patience is required to wait for bitcoin delivery continually. Also, exchange sites request a series of personal data that can create an insecure environment among users. Most users prefer privacy regarding Bitcoin transactions. With cash deposit Some platforms have such an option where the buyer can deposit cash into the seller’s bank account in order to buy bitcoins. Banks are attached
In our review, we indicated the rating of cryptocurrency exchanges 2020, which describes in detail the countries in which each exchange is supported, payment methods accepted, fees, privacy, limits, liquidity, reputation, speed (bitcoin delivery), customer support and all other problems. Binaryx Binaryx is a new cryptocurrency exchange and a revolutionary approach to social cryptocurrency trading. All Binaryx users and traders can trade, buy and sell bitcoins, Ethereum, XRP and other digital assets using the best features and advanced security system. In addition to the above functions, all traders and users have an excellent opportunity to participate in social trading operations.
Being a cryptocurrency trader is not an easy activity. People cannot handle the pressure. Therefore, most traders cannot foresee obvious traps. Common Traps for Entry-Level Cryptocurrency Traders Trading is rather hard work, requiring knowledge, practice, patience, discipline, psychological stability, and the constant pursuit of the trading system. Why is it not so simple, and why bind yourself with a trading system, plunge into the jungle of technical analysis, keep a journal of operations, learn to manage emotions? The fact is that the market is influenced by many variables, which no trader can take into account in their work. And in
Many analysts believe that the global crisis could become a runway for Bitcoin. In a situation when the world was swallowed by panic, traditional markets showed their weakness, Bitcoin can demonstrate its stability and sustainability as an asset. In their opinion, now is the most favorable time for Bitcoin. But can it use it? Global Crisis as a Growth Point for Bitcoin In the current market conditions, Bitcoin has a super opportunity to prove its advantages over traditional assets and attract a new stream of users. Leading cryptanalysts tirelessly repeat this. Recently, one of the Tone Vays followers on Twitter
You may have heard the word Bitcoin being thrown here and there, but have you ever wondered what it really is and why it’s been so popular for the past couple of years. It’s the very first cryptocurrency created and a successful one. Cryptocurrency is a medium of exchange with the use of cryptography, which uses different types of algorithms, to secure financial transactions. In other words, it’s a digital currency. Since it is protected by cryptography, cryptocurrency is near-to-impossible to counterfeit. Cryptocurrencies, such as bitcoin, use blockchain technology which makes the transaction very secure. Blockchain literally means a block
Since the record drop recorded on March 11, Bitcoin has gradually stabilized and climbed out of the bottom. Until March 25, the price of Bitcoin rose from a critical low of $3,867 to $7,000. Now there is an unprecedented situation: miners during this time sold more coins than they created. This is visible thanks to moving inventory (MRI) data. This indicator was introduced specifically to monitor the volume of coin generation by miners. Although the price of Bitcoin has risen above $4,000, the situation in the cryptocurrency market has not improved. For 21 days, the index of moving inventory was
Amid the continued decline in financial markets due to the spread of Coronavirus, the Bitcoin exchange rate is unstable. This week, we have seen signs that Bitcoin is rising from the bottom and its price is moving forward. The current fall in Bitcoin volatility is causing a mixed reaction among analysts. The idea is spread among investors that the fluctuation of the Bitcoin volatility is not a good sign. The lull in Bitcoin movement now, may cause excessive movement in the near future. The leading cryptonalyst Anondran commented on this situation: “Now the lowest volatile BTC candle is 3.3%. Considering
Telegram appealed the decision of the US federal court, according to which GRAM tokens are recognized as securities. In this situation, the release by Telegram of cryptocurrency now remains a big question. GRAM tokens qualify as securities Earlier, the Securities Commission (SEC) issued a conclusion that GRAM tokens can qualify as securities. The US Federal Court in considering the Telegram case took into account this statement. As a result, the preparation process for the issuance of GRAM was suspended. The telegram has already appealed to the court against the announced ban. It is important to note here that GRAM tokens
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