Things change quickly in crypto. Just when it seemed like Bitcoin is losing support and saying goodbye to the $30K range, Bitcoin soared a solid 12% over the past 24 hours as the primary cryptocurrency climbed by almost $4K only today. As of writing these lines, Bitcoin is retesting the critical $34,000 level.However, Bitcoin is now facing crucial resistance at $34K and the upper boundary of the marked triangle, which started forming on January 8, 2021, when Bitocin recorded its current...
Read More »Bitcoin Investors Seem to Be Getting Younger and Younger
As we have witnessed in recent years, bitcoin is a rather popular asset, but it seems to be making quite a bit of headway amongst younger crowds, many of whom do not trust financial institutions or standard banks following the dangers of the Great Recession in 2008 and the dismal state of the global economy that occurred soon after.Bitcoin Appears to Be Attracting Younger InvestorsIt seems like many younger generations now view bitcoin and cryptocurrencies are far more trustworthy than...
Read More »Has the Doomsday Bitcoin Clock Begun to Tick?
At the time of writing, bitcoin has experienced a major hit. The currency – which during the early weeks of January reached a new all-time high of more than $40,000 per unit – is presently trading for just over $30,000. This is a slight improvement over where it stood during the early morning hours, but it’s still quite a dip considering where it was trading on or around January 8.Bitcoin Just Keeps FallingAs a result, many analysts are expressing worry that 2021 will exhibit the same bearish...
Read More »Cathie Wood: More Companies Will Invest in Bitcoin Soon
At the time of writing, bitcoin has come to a screeching halt. The world’s number one cryptocurrency by market cap has ultimately fallen to just over $30,000, which is about $2,000 less than what it was trading for around 24 hours ago and more than $10,000 less than the new $42,000 all-time high it managed to attain in early January.The Bitcoin Price Has Fallen, But It May Not Be Too BadHowever, according to one Tesla investor, things aren’t looking too bad for the asset. In fact, this...
Read More »Bitcoin Investors Could Lose Everything, Warns BIS General Manager
Bitcoin is destined to fail due to its inherently risky nature that exposes investors to threats, said the General Manager of the Bank for International Settlements, Agustin Carstens. The executive, who has portrayed adverse feelings against the primary crypto for years, suggested that only central banks should issue digital currencies.BIS GM Criticize BTC’s Risky And Volatile NatureBitcoin’s parabolic increase that took the asset from about $10,000 in early October 2020 to an all-time high...
Read More »Steht uns jetzt ein langer Bärenmarkt bevor?
Der neue Support für den BTC konnte knapp oberhalb von 30.000 US-Dollar gefunden werden. Doch seit fast zwei Wochen ging es für Bitcoin eher darum, diesen Support zu stabilisieren, statt ein neues Allzeithoch in Angriff zu nehmen. Bitcoin News: Steht uns jetzt ein langer Bärenmarkt bevor?Wenn sich die bisherige Geschichte des Bitcoinpreises wiederholt, steht uns nun ein langer Bärenmarkt bevor. Wann immer der BTC einen Bullenmarkt erlebte, der ein deutliches Allzeithoch erzeugte, ging es kurz...
Read More »Detailed Look into WaCo Technology
Since its launch in January 2009, the blockchain has moved past its initial use to secure the Bitcoin cryptocurrency. It is now recognized as the most secure and reliable means of storing and validating data.The main benefit of using the blockchain is that data is not hosted in any central location. It moves away from the centralized model that has dominated the internet to a decentralized model of storing data. The WaCo project uses a blockchain to store and validate data ValueGo® a patented...
Read More »Ryzen 5000: Power Notebooks in den Startlöchern
Ryzen 5000: Power Notebooks in den Startlöchern Laptops mit Ryzen-5000-Prozessoren bringen einen deutlichen Leistungsschub. Die ersten Achtkerner von AMD wurden Anfang Januar enthüllt und lassen bisherige Notebook-Prozessoren alt aussehen. Verbessertes Energiemanagement Zu den ersten Geräten mit Ryzen-5000-Prozessoren zählen das Asus RoG Strix G17 und das Asus RoG Flow X13....
Read More »Altcoins To Watch: ADA/USD, ZIL/USD, LINK/USD
There are three altcoins to watch this and next week, as I am expecting high volume injections during weekends, my top picks are ADA/USD, LINK/USD, ZIL/USD.The sell-off ahead of the FOMC meetings has stopped today after claims made by the Chairman Mr. Powell. Mr. Powell has stated that the date of the economic recovery still remains uncertain and strictly dependent on the virus spread and vaccination advances. The US Dollar gained significantly yesterday adding 0.53% to its value hitting the...
Read More »Grayscale Eyes DeFi: Registers Trusts For Polkadot, Aave, and Cosmos
With nearly 90% of investments located in its Bitcoin Trust, Grayscale could be providing new diversification products to its institutional investors. Recent filings in Delaware revealed that the company has registered for new cryptocurrency products for the privacy-oriented coin Monero and three DeFi tokens – Polkadot, Cosmos, and Aave.According to the filings made by the Delaware Trust Company, listed as Grayscale Investment’s statutory trustee for the state, the asset manager has already...
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