Cryptocurrency

Cryptovalue is a type of digital currency, creation and control of which are based on cryptographic methods. Usually, cryptocurrency accounting decentralized. The operation of these systems is based on technologies such as blockchain, directed acyclic graph, Consensus registry (ledger) etc.

Regulators are expected to approve more than 40 cryptocurrency ETFs

Against the background of setting new exchange rate records for BTC and ETH, the demand for digital assets from investors is growing and fund managers are making every possible effort., what to satisfy him According to Bloomberg Intelligence analyst James Seiffart, currently over 40 cryptocurrency funds or ETFs awaiting listing in the US.

Crypto strategist named entry zones for BTC and ETH

Cryptocurrency strategist Mikael van de Poppe confessed, who is not a supporter of the meme-based token Shiba Inu (SHIB), which skyrocketed this week, despite the decline in top assets, the Analyst hopes, that SHIB will soon disappear and encourages to look for other investment opportunities, rather than becoming a victim of FOMO: “In a matter of hours, the SHIB rate can be highly corrected. Hope, that you will not buy this asset, even with bouts of FOMO. There are many other investment opportunities. ". He is disappointed with, that attention to SHIB has distracted the community from worthy crypto projects, DeFi-related, DAO and NFT: "I do not regret, what missed the rise of SHIB. I have my achievements and selected assets. However, I'm starting to hate meme coins, that divert attention from worthy DeFi projects, DAO and NFT. It's sad to see such a trend. ". To draw attention to credible projects, Van de Poppe Indicates Ideal Entry Points for BTC: “If you have a desire to enter the market, then good prospects are looming in the area around $57 000. I think, that chances are looming on the horizon to return to this level ". Besides, the analyst noted a couple of key levels for those wishing to enter ETH: “Two levels between $3600 And $3900 are entry points for those, кто желает зайти …

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Facebook hints at NFT support in the digital metaverse

Facebook and its CEO Mark Zuckerberg unveil ambitious plans to create a 3D virtual world during an important presentation, known as the metaverse Part of this vision includes non-fungible tokens (NFT), representing digital objects, works of art, etc..

Coinbase unexpectedly listed 4 little-known altcoins

Recently, the popular cryptocurrency exchange Coinbase has been actively adding new assets and this time they got the listing right away. 4 little-known altcoin Ethereum-based KRL token, providing the operation of the automated trading platform Kryll, grew rapidly after listing.

El Salvador additionally bought bitcoin in the amount of $25 million

El Salvador President Nayyib Bukele said, that the local government carried out the purchase of additional 420 BTC, thus increasing the total purchased asset to 1120 BTC. At the current exchange rate, the entire supply of bitcoin in El Salvador can be estimated at about $66 million. Based on the bitcoin rate at the time of purchase, then purchase 420 BTC cost the government of El Salvador about $24,7 million. Before that, the last purchase was made more than a month ago. Then Bukele announced the acquisition 150 BTC in addition to previously purchased 550 BTC. "The wait was long., but it was worth it. We bought bitcoin on the fall of the exchange rate", - shared Bukele on Twitter As you know, Bukele announced the first purchases 6 September, and already 7 September Bitcoin became legal tender in El Salvador (a law was passed in the summer, allowing to do this). Thanks to this law, El Salvador became the first state in the world, recognized bitcoin as legal tender.

Shiba Inu Beats Dogecoin in Market Cap

The rapid rise of the course of the "Killer Dogecoin"" and the meme cryptocurrency Shiba Inu (SHIB) led to that, that its market cap has exceeded Dogecoin's market cap According to CoinGecko, SHIB entered the top 10 cryptocurrencies in terms of market capitalization with an indicator of about $39 billion. Dogecoin capitalization is around $32 billion. Remarkably, that in the capitalization rating SHIB has bypassed not only Dogecoin, but also the popular stablecoin USDC (created by the CENTER consortium). As with Dogecoin, the creation of SHIB itself was a joke. The asset supply is estimated at hundreds of trillions of tokens, hence the relatively low rate. Besides, following the example of Dogecoin, SHIB Gains Attention Through Social Media, for example TikTok (although the platform later banned ads about cryptocurrencies). Also, the SHIB cryptocurrency increased the level of its fame last spring., when ethereum creator Vitalik Buterin sold many tokens transferred to him by the creators of Shiba Inu, by giving the funds received to charity. In addition, he donated part of the SHIB tokens to a charity, dealing with COVID. Listing on popular cryptocurrency exchange Coinbase gave a good boost to SHIB, what helped to increase trading volumes. Within a week, the SHIB rate increased by more than 180%. According to CoinGecko, about a quarter of all SHIB trading volume occurs on the Binance platform in the SHIB / USDT pair.

What is the crypto community

A significant increase in the popularity of cryptocurrencies leaves few people indifferent. Someone persistently adheres to the position of denial, considering the digital currency a "soap bubble", and someone believed in a digital asset sincerely and irrevocably. But one way or another., people tend to make money on it.

Who are hodlers?

Imagine, that you are on the plane and you have a choice – go left, to the cockpit or to the right, to the salon. There are many buttons and levers in the cockpit, control over the situation. But you need to learn aerobatics for many years.. Comfortable seats in the cabin, porthole, table for food or magazine.

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