5 Cryptocurrencies to watch
New coins and tokens are being created on a regular basis, and cryptocurrencies have grown to be a significant force in the financial sector. It might be difficult to stay on top of all the advances as the market expands. Let’s highlight five cryptocurrencies to watch in 2023. The decentralization movement was sparked by the […]
What is cryptocurrency and how does it work?
Electronic communications containing transaction instructions are delivered to the entire network during cryptocurrency transactions. The instructions include details like the parties’ electronic addresses, the amount of money to be swapped, and a time stamp. Let’s say Alice wishes to send Bob one bitcoin unit. A digital message containing Alice’s instructions is sent to the network, […]
Bitcoin Price Analysis: Testing Key Resistance at $26,200, Recovery Expected
Bitcoin’s price has shown resilience, finding support above the $25,500 level and indicating a potential rebound. The cryptocurrency exhibits a gradual uptick, surpassing the $25,800 mark and forming a significant rising channel on the hourly chart of BTC/USD. Trading above $26,000 and the 100 hourly Simple Moving Average, Bitcoin faces resistance near $26,150. A breakthrough […]
Survey Reveals That 46% of Millennials in Major Economies Own Cryptocurrencies
Millennial Dominance in Cryptocurrency Ownership According to a recent survey conducted by Bitget, 46% of millennials in six major countries own cryptocurrencies, compared to 25% of Gen X, 21% of Gen Z, and just 8% of baby boomers. The study was conducted between July 2022 and January 2023 and included around 255,000 adult respondents from […]
Bitcoin Bulls Reveal Their Hands as BTC Price Aims to Retest $30,000
According to a recent article on FXStreet.com, Bitcoin’s price is showing an optimistic start to the week with a potentially quick recovery rally in the works. The four-hour chart shows an exaggerated bullish divergence, indicating that BTC could make a bullish move that propels it to $29,726. However, if the price experiences a four-hour candlestick […]
