Analysts from VanEck believe that in the event that Bitcoin is recognized as the world’s reserve currency, its value could soar to completely new levels – from 1.3 to 4.8 million dollars. The lower limit of the range corresponds to the M0 monetary aggregate, which includes cash in circulation, the upper one is built on […]
Tag: cryptocurrency
Bitcon went up $2,000 in four hours. For the first time since the beginning of the year, the value of BTC exceeded $47,000
Bitcoin has been rising for almost the entire past week, approaching the $45,000 mark on Sunday evening. But already on Monday night, in just four hours, the cost of the world’s main cryptocurrency soared by $2,000. The current value of 1 BTC is now $47,250. Bitcoin has not been so expensive since the beginning of […]
Bitcoin has risen in price by 8%, Ethreum – by 10%, and Cardano – by almost 30%. The crypto market ends the week with impressive growth
In Russia, mining is still not legalized, but the miners themselves received increased income this week, as the crypto market grew almost the entire week. So, Bitcoin added 8% and is now trading at $45,000 per 1 BTC. The second cryptocurrency in the world, Ethereum, added even a little more – 10%: the cost of […]
In Russia, they thought about the creation of crypto cities – offshore zones for the legalization of cryptocurrency
The LDPR believes that crypto cities can be opened in Russia to support the regions. This, according to RBC, was stated by the deputy head of the faction Yaroslav Nilov at a meeting with Prime Minister Mikhail Mishustin. “If we look two steps ahead, we would propose the idea, to support the regions, among other […]
Ukraine legalized cryptocurrency
Ukraine legalized cryptocurrency. The Ministry of Digital Transformation of Ukraine wrote on its Telegram channel that President Volodymyr Zelensky signed the relevant law (the Verkhovna Rada adopted the document on February 17). In accordance with it, local and foreign crypto exchanges will be able to legally operate in the country, banks will open accounts for […]
Due to increased energy costs, the European Parliament put to a vote the issue of banning cryptocurrencies
In 2021, mining cryptocurrencies (receiving digital coins for performing calculations necessary to operate the cryptocurrency network) was criticized by a number of prominent figures in the world community for the fact that it consumes a huge amount of electricity. Suffice it to recall the case with Tesla: the company temporarily refused to sell its cars […]
Bitcoin rose to $44,000 amid a tense situation in Ukraine and negative investor sentiment. Ethereum is growing too
Bitcoin has risen in price for the second day in a row. According to RBC, Santiment analysts believe that the rise in price of the main cryptocurrency provoked a high level of negative sentiment in the crypto community. It so happened historically: when negative sentiment prevails during the week, the cryptocurrency shows a tendency to […]
Bitcoin went up $3,000 in two hours. During the day, the rate of the main cryptocurrency of the world jumped by 5.5%
Despite the fact that the start of Russia’s military operation in Ukraine had a negative impact on the cryptocurrency exchange rate, and at the moment hostilities continue, today the Bitcoin exchange rate has increased significantly: in just a couple of hours, the world’s main cryptocurrency has risen in price by $3,000. At the moment, 1 […]
Is crypto winter already here? A heavily declining Bitcoin may not recover until 2025
Over the past four months, Bitcoin experienced a big rise to 68 thousand dollars. — all-time all-time high, and an equally impressive drop to its current level of around $36,000. And although some analysts predict a recovery in Bitcoin quotes, if not in the very near future, then at least in the second half of […]
Bitcoin fell to $38,000 while Ethereum dropped to $2,650. Another nervous week in the cryptocurrency market
Bitcoin, whose value reached $44,000 on February 16, once again collapsed: at the end of Sunday, 1 BTC is already worth about $38,400. Analysts say that this is not yet the limit of the fall in the value of the world’s main cryptocurrency: if in the near future the situation around Ukraine, in which both […]