A portion of Grayscale Bitcoin Trust’s shares worth almost 40,000 bitcoins will become available in July as part of the world’s biggest bitcoin fund’s much-anticipated lockup expiry.
A pivotal month for GBTC’s market effect is about to begin, with BTC price action continuing to “do everything right” to maintain support. The Grayscale Bitcoin Fund (GBTC) is scheduled to release more than 40,000 BTC...
What is Bitcoin’s Number Go Up technology?
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The ‘Number Go Up’ has an interesting origin from the world of Bitcoin memes and Twitter discussion, where it is often referred to as NgU technology.
Number Go Up technology refers to Bitcoin’s difficulty setting feature and strictly limited supply of 21,000,000 (twenty-one million units). Given the extreme scarcity of Bitcoin and the inability to copy it, this causes the price of Bitcoin to go up.
When did the...
What is Bitcoin’s Taproot upgrade?
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The decentralized currency market has been growing steadily over the last few years. As the first and major cryptocurrency, Bitcoin (BTC) is now widely used by investors who want to maintain total control of their own funds. But there is still work to be done on improving the network’s scalability and security. Now, an upcoming update called Taproot aims to solve these issues once and for all.
What is Bitcoin’s Taproot...
Safemoon
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What is Safemoon?
SafeMoon is a DeFi token (decentralized finance token) that offers fractional cryptocurrency trading, blockchain-based loans, and commission-free exchanges. It is built on the Ethereum network. SafeMoon has three unique functions that take place during each trade; Reflection, LP Acquisition, and Burn. These features protect smart contracts from hacks and keep the contract environment safe.
It was created at the...
5 Brokers that operate with cryptocurrencies in Latin America
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Cryptocurrencies are revolutionizing the financial market. But just as cryptocurrencies are still the big news, traditional trading in stocks, forex, CFDs, ETFs, and funds is an activity that needs no introduction as they have been known to the public for a long time.
You need a platform or broker for this, and in the case of Latin America, that can represent a challenge since there have not always been brokers available.
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