Tag: Bitcoin
Bitcoin suffered a major drop last week, dropping $ 3,000 from $ 19,000 to the $ 16,500-17,000 range, representing a 10% decline
The sudden drop caught many traders off guard, as the cryptocurrency was trading just a few days ago at no less than 2% below its all-time high of $19,783.
The price of Bitcoin (BTC) has experienced volatility in recent hours. The major digital currency fell within hours, declining sharply after breaking through...
Mining Bitcoins today
Written on .
Mining is the process by which Bitcoin and other cryptocurrencies are created. The mining activity is carried out through networks of individuals working alone or in groups. Mining is also the action of confirming the validity of operations with existing currencies, as a participant in the aforementioned network, a participation that, of course, is remunerated in cryptocurrencies.
In strictly technical terms, anyone is in a position...
Why do altcoins decrease in performance when Bitcoin is rising?
Written on .
When Bitcoin rises slowly, it can cause an “altseason” to occur. In fact, ETH has outperformed BTC so far this year in percentage terms, which is why the growing momentum may be returning to Bitcoin.
Especially during the month of August, many DeFi tokens surged 5-20 times, causing a massive altcoin craze.
However, when the price of Bitcoin increases in the short term, it can cause the market for altcoins...
Leading Analyst Says Bitcoin Price May Hit $ 20,000 Within 3 Months
Written on .
Mohit Sorout assures that the price of Bitcoin could reach a new all-time high in 90 days.
Since July of this year, Bitcoin has been oscillating between $ 10,200 and $ 11,800, a range of 15%. You have experienced moderate volatility for an extended period, except for a few short spikes in volatility.
PayPal officially joins the crypto world
Written on .
As it was announced from next Wednesday, it will allow its clients to do cryptocurrency transactions such as buying, selling and saving using the company’s digital portfolio.
There are 346,000,000 accounts that PayPal currently has operating around the world with an annual growth of over 20%. It is one of the most used payment gateways in the world. In this regard, Dan Schulman, President, and CEO of Paypal stated: