During the geopolitical problem of the Russia-Ukraine war, the largest cryptocurrency has been highly turbulent over the last two months. On January 24th, the corrective rally established the current lower low at $33,000. The buyer’s recovery efforts increase the coin price…
Bitcoin & Ethereum Market Overview 21/2/22
Bitcoin fell below $40,000 in the early weekend hours and continued to fall as tensions on the Ukraine-Russia border rose and inflationary worries remained. Ether, as well as nearly all other major cryptocurrencies, fell in value. A phishing attack of OpenSea,…
What is the Darknet and what does it have to do with Bitcoin?
The phrase “Darknet” generally refers to the part of the internet that is not identified by search engines like Google which only skim the “surface web.” The Darknet is only a small part of the “Deep Web.” Search engines don’t index…
Crypto News: A Weekly Review
On Tuesday, the majority of cryptocurrencies rose as tensions between Russia and Ukraine eased. During a press conference on Tuesday, Russian President Vladimir Putin stated that he is “ready to work further” with the West to de-escalate tensions over Ukraine. Russia…
Bitcoin & Ethereum Market Overview 14/2/22
On Friday, major cryptocurrencies fell as traders responded to geopolitical worries originating from Russia and Ukraine. US Vice President Joe Biden encouraged Americans to leave Ukraine right now, saying that “an invasion may begin at any minute.” Despite Russia’s military operations,…
Crypto News: A Weekly Review
On Tuesday, bitcoin fell below $41,000 before rebounding in the afternoon, as US officials said that they had confiscated nearly $3.6 billion in bitcoin linked to the exchange’s 2016 breach. The oldest cryptocurrency was trading at $44,187 at the time of…
Bitcoin & Ethereum Market Overview 7/2/22
On Friday, Bitcoin and other cryptocurrencies rebounded, correcting recent losses. Alternative cryptocurrencies (altcoins) outperformed, with ether (ETH), the world’s second-largest cryptocurrency, rising 13% in the last 24 hours compared to an 11% growth in Bitcoin. The recent surprise price movement in…
Explained: What is market capitalization and why does it matter?
By common parlance, the larger a cryptocurrency’s market cap, the more dominant it is thought to be in the market. As a result, market capitalization can sometimes be recognized as the most essential statistic for assessing cryptocurrencies. Related article | Crypto News:…
Crypto News: A Weekly Review
The world’s largest cryptocurrency Bitcoin surged beyond $36,000 on Tuesday but was also dropped approximately 0.38 % in the previous 24 hours, opposed to ETH’s 0.76 % drop. Buyers appear to be returning, based on the recent bounce, although some experts…
Bitcoin & Ethereum Market Overview 24/1/22
On Friday, the crypto market was a sea of red, with bitcoin, the world’s largest cryptocurrency by market capitalization, falling more than 10% in the previous 24 hours. Global investors appear to have begun the year with a lower appetite for…