Bitcoin crash, Elon Musk, fear of inflation, economy suffers

Bitcoin, Ethereum, and other cryptocurrencies had a significant drop on Wednesday: the ten most valuable cryptocurrencies by market capitalization fell by two digits, with one exception. Bitcoin, on the other hand, has lost about 30% of its value after China announced a new crackdown on cryptocurrency and billionaire Elon Musk sent out contradictory statements about his company’s use of the currency. Bitcoin’s price has dropped by more than 40% since its peak, and other popular assets have also dropped dramatically. Bitcoin dropped to almost $30,000 in a single day on Wednesday morning, continuing a massive liquidation...

Bitcoin, Cryptocurrencies, Featured

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Shiba Inu coin - shiba token

Shiba Token (Shiba Inu coin)

Shiba Inu coin price Basic Info Name: Shiba TokenSymbol: SHIBInitial release: August 2020Country of registration: USAWebsite: https://www.shibatoken.comSupply limit: 1 quadrillion What is Shiba Inu criptocoin? Shiba Token or Shiba Inu coin (SHIB) is a decentralized cryptocurrency created in August 2020 by an anonymous person known as “Ryoshi”. It is defined by its unique value proposition and strong community support. Recently launched on the market after a planned ICO. $SHIB is a Shiba Inu-themed cryptocurrency experiment in decentralized community building and is inspired to be...

$SHIB, Coins

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Ethereum Berlin

Ethereum Berlin

Ethereum takes another step towards 2.0 with the Berlin fork The Ethereum project recently deployed the Berlin fork. Berlin aims to solve some of Ethereum’s growth problems and make scaling easier than ever. This is an important step in the development of the Ethereum network. What is Berlin Hard Fork on Ethereum? The Ethereum Berlin is a hard fork. Its objective is to solve various problems both in the platform and in the base code. The Berlin update is a step towards the metamorphosis towards Ethereum 2.0 and seeks to establish a complete change in the way the network processes transaction...

ETH2, Ethereum, Featured

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Is Ripple Going To IPO?

Is Ripple Going To IPO?

A leading cryptocurrency company, Ripple has not given up plans to launch an IPO despite the recent legal battle with the regulators in the US. The former chairman of SBI Group (Strategic Business Innovator Group, the group of financial services companies behind Ripple based in Tokyo, Japan) said that no regulatory framework yet exists for this market and there is no “focused regime” in place like traditional financial markets or securities markets. The news is coming after it overtook the demand of the Stock Exchange Commission (SEC) which it is contending with. Garlinghouse suggested in January 2020 that Ripple will eventually enter the...

$XRP, Cryptocurrencies, Featured

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What is behind the Dogecoin boom

What is behind the Dogecoin boom?

The Dogecoin phenomenon is not something that could have happened without the support of its dedicated community, coders, investors, and pioneering sellers. All of those contributions came together to make this new type of cryptocurrency come to life as we know it today. Who Is Behind Dogecoin? The origin of Dogecoin’s development is a mystery that has been heavily debated by members of the community. Initially, Dogecoin’s source code was a modified version of Bitcoin’s code, developed by Billy Markus, who is an Australian developer and developer advocate for digital currency startups. These types of programmers are highly sought after...

$DOGE, Cryptocurrencies

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bitcoin cash vs bitcoin

Bitcoin Cash Vs. Bitcoin: What is the difference?

Does Bitcoin cash have advantages over Bitcoin? If you’re new to the crypto world, you might not even know what Bitcoin Cash is. Basically, Bitcoin Cash (BCH) is a cryptocurrency branch created from the original Bitcoin currency. It came into being in August 2017 after a fork on the original blockchain by miners who weren’t happy with the way things were going. There are also some important differences between Bitcoin and Bitcoin Cash, and you should consider them if you’re thinking about investing in either one. What is Bitcoin Cash? Bitcoin Cash is the continuation of the Bitcoin project as peer-to-peer digital cash....

Bitcoin, Bitcoin Cash

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Bitcoin, Ether Prices Soar: Highlights

Bitcoin, Ether Prices Soar: Highlights

Bitcoin’s price approached its all-time peak of $61,712 early Saturday, while ether set a fresh all-time high of $2,190. On Saturday, Bitcoin, the world’s most famous cryptocurrency, regained the $60,000 mark as the market endured long-awaited uncertainty, as expected by analysts. There is significant resistance near $60,000, which has been checked many times since March. According to CoinDesk’s Bitcoin price page, the leading cryptocurrency traded above $60,000 for the first time in nearly a month following weeks of fluctuating between $52,000 and the upper $50,000s. Bitcoin’s ETFs impulse Bitcoin bulls...

Bitcoin, Ethereum, Featured

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Bitcoin's carbon footprint

Bitcoin’s carbon footprint

There has been a lot of talk about the carbon footprint of Bitcoin. In this article, we will examine where Bitcoin’s power consumption comes from, and potential ways to mitigate the power hunger of Bitcoin. More than a literal footprint, Bitcoin’s carbon impact is every bit as real as it sounds. As the height of the altcoin bubble subsides, the question remains whether or not cryptocurrencies are sustainable in their current form. The value of a cryptocurrency is directly related to its energy consumption. Miners use computers to solve increasingly complex mathematical equations to verify cryptocurrency transactions. The...

Bitcoin

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What Is Crypto Arbitrage And How Does It Work?

What Is Crypto Arbitrage And How Does It Work?

Crypto arbitrage has been around since cryptocurrency emerged in 2009. Yet, there are still many people who do not understand exactly what it is or how it works. Crypto arbitrage is nothing new. It existed in forex and equities markets before it came to crypto. As soon as crypto trading began, so did crypto arbitrage opportunities. What is crypto arbitrage? It is a practice where investors trade cryptocurrency for another cryptocurrency to get exposure to a crypto asset, and then immediately sell it back for a profit. This can either be in a single round-trip or in multiple round-trips. Usually, it’s a quick trade between trading...

Exchanges, Featured, Trading

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Ethereum

Ethereum

Ethereum price Ethereum is an open-source platform, designed to let people create applications that run exactly as programmed without any chance of fraud, censorship, or third-party interference. Basic Info  Name: EthereumSymbol: ETHInitial release: 2015Authors, Developers: Vitalik ButerinConsensus algorithm: Proof-of-Work (PoW)Website: https://ethereum.org/ Ethereum Ledger Information: Type of issue unlimitedBlock rewardETH 2.6 (approx.) Block time15 sec (approx.)Block explorerhttps://etherscan.io/Circulating supplyeth 112,139,514 (August 11, 2020) Ethereum Sub-units Denominations Sub-units...

Coins, ETH2, Ethereum

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