The main benchmark of cryptocurrencies has slowed down its movement near the resistance level
The main benchmark of cryptocurrencies slowed down its movement near the resistance level located at $ 45,000. Investors were in the waiting mode for an important meeting of the US Federal Reserve, in which Jerome Powell announced a softer start to the zero interest rate breakaway. Instead of rising to 0.75 basis points, the regulator,…
Europe did not go to ban bitcoin mining
Bitcoin slowed its growth on Wednesday after two days of active strengthening, and on Thursday morning it rolled back to 43.1K, losing 2.2% per day. Ethereum has decreased by 3.3% 0.6% over the past 24 hours. Leading altcoins from the top ten lose from 1% per day (Terra, XRP) to more than 5% (Avalanche). Bitcoin…
Bitcoin continues to grow: buyers are trying to break above $45,000
The main benchmark of cryptocurrencies is approaching $ 45,000, while demonstrating its stability, despite the geopolitical crisis, as well as the correction of world markets. The banking sector is dragging down the market of risky assets, due to the disconnection of Russia from Swift. The crypto market did not feel a significant blow. Private investment…
The BTC/RUB pair is near the historical maximum
The rapid fall of the Russian ruble led to a stir in the cryptocurrency market: on March 1, the daily turnover for the BTC/RUB pair reached 1.5 billion rubles, and now you need to pay 4.4 million rubles for one Bitcoin. A similar increase in demand is recorded for the Tether stablecoin – the daily…
Bitcoin Shows Strength
The main benchmark of cryptocurrencies was able to cope with geopolitical pressure and demonstrated a steady growth of 14.5% following the trading day on Monday, February 28. Market participants were encouraged by the possible cancellation of the Fed’s key rate hike, because the current increase in the cost of raw materials and non-ferrous metals in…
Bitcoin: initiative on the side of the “bears”
Last week, buyers attempted to change the balance of power in the crypto market, but they failed to carry out a full-fledged attack and BTC quotes stalled near the level of $ 39 thousand. There are still no reasons for growth. Cryptocurrency is a highly risky asset, and not at all a digital analogue of…
Bitcoin Accumulation near Record 60%
For the national currency, the leading growth factors are the strong economy of the state, high demand for goods abroad, international authority and citizens’ confidence in the future. Being a decentralized currency, Bitcoin lacks a national binding, so the main driving force for it is the faith of the community, the degree of distribution and…
Bitcoin overcomes difficulties: “bulls” are aimed at $45,000
The bitcoin price has suffered a fatal drop of 23% over the current week to a critical support level, which is at $34,000. This price level is a key benchmark for the bulls. The main reason for such a large-scale correction is the spread of news that Russia has launched a military operation in Ukraine.…
Binance expands its area of influence
Changpeng Zhao is the founder of the largest (by trading volume) cryptocurrency exchange Binance. He is also the CEO of the company and the richest crypto entrepreneur in the world; his fortune is estimated at almost $ 100 billion. Zhao launched Binance in July 2017 with $15 million raised during the ICO. However, he was…
Cryptocurrencies as a tool to save Capital from war
The 34th US President Dwight Eisenhower was the last commander-in-chief of the country who had real experience of military command. As the leader of the “free world”, he once said: “I hate war in a way that only a soldier who has survived it can do, who has seen all its cruelty, futility and stupidity.”…