Cryptocurrency

Analysts believe bitcoin will face further price decline

On January 8, Bitcoin set a new price maximum – $ 42 thousand.Soon after that, there was a correction – the coin rate fell below $ 31 thousand.Then bitcoin managed to almost completely win back the fall – its rate rose to $ 40 thousand.However, in the last day, the coin became cheaper again – according to coinmarketcap .com, the bitcoin rate fell by 8%, to $ 34.2 thousand…
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Cryptocurrency

Spencer Noon pointed to 11 metrics that indicate continued growth in the price of Ethereum

Ethereum’s growth is ready to continue to new all-time highs after the cryptocurrency rate reaches above $ 1,400, says Spencer Noon, an investor at Variant venture capital firm. He points to 11 fundamental metrics as justification. 11 signs $ ETH is going to blow past its all-time high 👇🏼 – Spencer Noon (@spencernoon) January 19, 2021 Thus, Nun draws attention to the fact that…
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Cryptocurrency

Firo anonymous cryptocurrency network attacked 51%

The anonymous cryptocurrency network Firo (formerly known as Zcoin) has been hit by a 51% attack. Coindesk reports. The Firo team is currently negotiating with exchanges and pools. Users are strongly advised not to make transactions on the Firo network. The developers…
Cryptocurrency

Up to 50% of the total cryptocurrency trading volume is in the Asian market

A study by Messari states that Asian traders provide about half of the world’s cryptocurrency trading. The lion’s share of transactions takes place in China, Japan, Korea, Hong Kong and Singapore. These countries provide the most liquidity to the cryptosphere. Despite the ban on crypto trading in China, it is in this country that the “bitcoin whales” are located, which…
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Cryptocurrency

Bitcoin price dropped by 8%. What do analysts think?

The price of bitcoin this Wednesday rolled back 8%, still remaining in a well-defined channel that formed after the rise of the cryptocurrency to $ 42,000 and the subsequent correction. The market has been in this state for about two weeks – in 14 days the price has changed by half a percent. The CEO of the analytical platform CryptoQuant, Ki Yong Zhu, expects further decline in the short…
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