Cryptocurrencies represent an internet-based medium of exchange that takes advantage of cryptographical functions in order to conduct financial transactions. They leverage blockchain technology to achieve decentralization, immutability, and transparency.
According to the latest crypto news, there are thousands of cryptocurrencies in existence. However, the most popular ones include Bitcoin, Ethereum, Ripple, Binance Coin, Bitcoin Cash, Tezos, Tron, Litecoin, and EOS, acquire more than 80% of the total market cap.
Decentralized cryptocurrencies such as Bitcoin, have one substantial advantage - no single authority can control them. Instead, they are governed by an algorithm that’s pre-programmed and defined. This takes away the human factor and makes the entire network transparent and immutable.
Cryptos can be sent directly between two parties, in a rapid and cheap process, compared to traditional bank transfers. Since there is no central authority or a middleman, the users can go through the process without having to worry about complying with different rules.
During the recent weeks, the cryptocurrency markets have plunged due to fear at the macro-level (risk off). In this analysis, we will take a closer look at the bitcoin price from the Technical, Onchain, and Options Markt standpoints and discuss
The former BitMEX CEO sees no clear support for Bitcoin until it touches lows from July. He also doubts the Fed’s ability to combat inflation.
ARK Invest's research team thinks BTC could trade at $1.36 million by 2030, while ETH's market cap could reach $20 trillion.
SHIB is attempting to break above a critical resistance, but are the bulls strong enough?
Binance is gradually resuming EUR deposits and withdrawals through SEPA via a partnership with Paysafe.
Valkyrie has filed an application with the US SEC to launch an exchange-traded fund tracking the performance of BTC mining firms.
The American venture capitalist Adam Dell launched a stocks and crypto investment platform called Domain Money.
The popular crypto exchange FTX US continues to make strides by raising $400 million in a funding round.
Bitcoin continues to gain traction after bottoming at $33,000 a few days ago. MATIC is among the best performers since yesterday with a double-digit increase.
McDonald's responded to Elon Musk. GrimaceCoin was created. It's up 6,000% in hours. Presents major red flags. Another day in crypto.
