Crypto

Bitcoin

Bitcoin recovering – what caused its renaissance?

On Wednesday, Bitcoin rose again from Tuesday’s lows to reclaim $50,000. At the time of writing, bulls take charge to dictate new support levels.  This week, BTC has seen a 20% drop from its all-time high.  After the unexpected and sharp drop, votes of confidence from various investment sources instantly boosted Bitcoin prices.  One of …

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bitcoin

In 10 years, the dollar has depreciated 99.99% against Bitcoin

According to data from the usdsat.com portal, the dollar’s depreciation against Bitcoin reaches 99.998% in about ten years. Thus, according to the study, the equivalent of 1 dollar 10 years ago was 1.11 bitcoins that now would be equivalent to more than 58 thousand dollars. According to data from the portal, only last year, the …

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Online Retail Giant Amazon and Coronavirus Pandemic

Amazon to launch its own cryptocurrency to compete with the Bitcoin fever

The Bitcoin marked a new record. On Wednesday, the largest cryptocurrency increased almost 6% to around $51,431. The “Bitcoinmania” does not stop. More and more large international companies are looking to launch their digital currency to compete in the market.  Amazon, the biggest e-commerce company, is currently working on a digital currency project in Mexico. This initiative …

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