18.02.2021 | asorokin
The price of bitcoin against the dollar on online exchanges has crossed the threshold of $52 000, and the total capitalization of the cryptocurrency market exceeded $1.5 trillion. And, although it was not possible to consolidate above this mark, prices continue to rotate around this limit.
Fundamental reasons for growth If previously it was possible to talk about the speculative nature of bitcoin price growth caused by psychological reasons of buyers who trusted the opinion of billionaire Elon Musk, the last two rises are due to purely fundamental reasons — increased demand from large companies that are not directly related to the cryptocurrency industry.
18.02.2021 | auglovoi
Elon Musk is an ambitious billionaire who creates information occasions in the world of innovation.
Just one mention of cryptocurrency by Elon Musk in his Twitter (https://twitter.com/elonmusk/) leads to an instant rise in prices on online exchanges. Whereas previously he had only spoken out about areas in which he was directly involved, now he has started talking about cryptocurrencies. The United States Securities and Exchange Commission checked his statement about Tesla shares, which led to the growth of the securities price by 11%.
15.02.2021 | auglovoi
Digital decentralized money is becoming increasingly popular. More and more countries, in one way or another, are taking steps to legally regulate cryptocurrencies. Not least this is due to the increasing popularity of digital assets among private investors. While major companies have a staff of professional economists and lawyers capable of executing competent bitcoin investing deals, it is difficult for an ordinary person to understand how to start trading cryptocurrencies.
10.12.2020 | asorokin
We have two stories from VISA, whose cards are used by half the world (for the rest there is Mastercard). Both show how far cryptocurrencies have moved into the mainstream.
The first news — Visa’s partnership with Circle VISA has partnered with Circle, the financial institution behind the ERC-20 stablecoin USDC. This partnership will enable all businesses connected to Visa to use USDC. Stablecoins can be sent and received instantly worldwide, with lower fees than a typical international transfer.