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“I think $42,000 should hold, that should be the bottom of this move. It would surprise me if it BTC went below $40,000," said Galaxy Digital CEO Mike Novogratz in a recent interview.
As you know, on December 4, the BTC price dropped down to $42,000 for the first time since the end of September. Then the asset's value fell by more than 20% per day. This led to massive liquidations of traders' positions in the amount of more than $2.5 billion. On December 8, BTC traded at $50,900, and its market cap was $962 billion.
This situation should be considered a chance to make money on the growth of its rate. And Sharp Exchange can help you with this. Follow the link and you’ll always be in the black: sharp.exchange!
“I think $42,000 should hold, that should be the bottom of this move. It would surprise me if it BTC went below $40,000," said Galaxy Digital CEO Mike Novogratz in a recent interview.
As you know, on December 4, the BTC price dropped down to $42,000 for the first time since the end of September. Then the asset's value fell by more than 20% per day. This led to massive liquidations of traders' positions in the amount of more than $2.5 billion. On December 8, BTC traded at $50,900, and its market cap was $962 billion.
This situation should be considered a chance to make money on the growth of its rate. And Sharp Exchange can help you with this. Follow the link and you’ll always be in the black: sharp.exchange!
​​Hello 👋
Many cryptocurrencies are used to transfer digital money. However, the possibilities are endless with Ethereum.
Ethereum (ETH) is a decentralized computing platform that runs simultaneously on thousands of computers around the world. With it, you can use your own code and interact with applications created by other users.
As we've said before, you can buy ETH and other cryptocurrencies on sharp.exchange!
Many cryptocurrencies are used to transfer digital money. However, the possibilities are endless with Ethereum.
Ethereum (ETH) is a decentralized computing platform that runs simultaneously on thousands of computers around the world. With it, you can use your own code and interact with applications created by other users.
As we've said before, you can buy ETH and other cryptocurrencies on sharp.exchange!
​​Hello 👋
In 2021, BTC miners earned more than $15 billion. The most profitable month was March, when they made $1.75 billion. In early October, the daily profit of miners exceeded $40 million.
Their income increased by 275% compared to the values observed before the halving of the block reward. Then the profit was at around $14-18 million per day.
In 2021, BTC miners earned more than $15 billion. The most profitable month was March, when they made $1.75 billion. In early October, the daily profit of miners exceeded $40 million.
Their income increased by 275% compared to the values observed before the halving of the block reward. Then the profit was at around $14-18 million per day.
​​Hello! 👋
Meme coins are cryptocurrencies inspired by popular internet memes. The most famous one is Dogecoin.
Meme tokens are considered a risky asset. It is almost impossible to predict their rise or fall. According to experts, meme coins are a great example of a financial asset that acquires value only due to its value in the eyes of market participants, as there are no fundamental factors behind them.
Meme coins are cryptocurrencies inspired by popular internet memes. The most famous one is Dogecoin.
Meme tokens are considered a risky asset. It is almost impossible to predict their rise or fall. According to experts, meme coins are a great example of a financial asset that acquires value only due to its value in the eyes of market participants, as there are no fundamental factors behind them.
​​Hello 👋
In the last post, we mentioned Dogecoin. Let's talk about it a bit more!
Dogecoin was created by programmers Jackson Palmer and Billy Marcus. It all started as a joke, but over time it has grown into a full-fledged cryptocurrency, especially after Elon Musk began to promote it in 2019. In January 2021, its market cap peaked at $9 billion.
Musk is currently working with the Doge developers to help them improve the platform, make it more accessible for goods and services, and reduce its carbon footprint.
In the last post, we mentioned Dogecoin. Let's talk about it a bit more!
Dogecoin was created by programmers Jackson Palmer and Billy Marcus. It all started as a joke, but over time it has grown into a full-fledged cryptocurrency, especially after Elon Musk began to promote it in 2019. In January 2021, its market cap peaked at $9 billion.
Musk is currently working with the Doge developers to help them improve the platform, make it more accessible for goods and services, and reduce its carbon footprint.
​​Hello 👋
There is such a thing as token burning. It is done by permanently removing some tokens from circulation to restrict supply, which increases the asset's value. Tokens are usually burnt if a digital coin does not reach the set goals of the mathematical model calculated by the developers, which determines the value of the asset.
All coin burns are recorded on the blockchain as a transaction, so anyone can verify that they have indeed been withdrawn from circulation. Cryptocurrency owners don't have to worry that their tokens will be destroyed since the developers burn only the digital coins they own.
There is such a thing as token burning. It is done by permanently removing some tokens from circulation to restrict supply, which increases the asset's value. Tokens are usually burnt if a digital coin does not reach the set goals of the mathematical model calculated by the developers, which determines the value of the asset.
All coin burns are recorded on the blockchain as a transaction, so anyone can verify that they have indeed been withdrawn from circulation. Cryptocurrency owners don't have to worry that their tokens will be destroyed since the developers burn only the digital coins they own.
​​Hello 👋
Sharp Exchange's cryptanalyst believes that Bitcoin might drop to $20,000 in the near future. According to him, it will be a good opportunity to buy cryptocurrency.
He based his assumption on the RSI index, which is already at a low level, but can go even lower. A similar situation already happened with the market in March 2020, when the price of BTC fell below $4,000.
As we said earlier, use the moment to your advantage — buy BTC and other cryptocurrencies on sharp.exchange!
Sharp Exchange's cryptanalyst believes that Bitcoin might drop to $20,000 in the near future. According to him, it will be a good opportunity to buy cryptocurrency.
He based his assumption on the RSI index, which is already at a low level, but can go even lower. A similar situation already happened with the market in March 2020, when the price of BTC fell below $4,000.
As we said earlier, use the moment to your advantage — buy BTC and other cryptocurrencies on sharp.exchange!
​​Hello 👋
Last month, the number of cryptocurrencies increased by 1,000. This means that more than 32 new projects appeared on the market every day. The total number of cryptocurrencies at the end of January this year exceeded 17,200.
Last year, the number of cryptocurrencies almost doubled. As of January 1, 2021, the number of digital currencies was 8,100. By December 31, the figure reached 16,200. In 2021, 21 new cryptocurrencies appeared on the market daily.
Last week, $1.5 billion worth of Bitcoin was withdrawn from crypto exchanges. This is a record weekly outflow of cryptocurrency from trading platforms since mid-September 2021, which is a positive trend in terms of long-term price movements.
Last month, the number of cryptocurrencies increased by 1,000. This means that more than 32 new projects appeared on the market every day. The total number of cryptocurrencies at the end of January this year exceeded 17,200.
Last year, the number of cryptocurrencies almost doubled. As of January 1, 2021, the number of digital currencies was 8,100. By December 31, the figure reached 16,200. In 2021, 21 new cryptocurrencies appeared on the market daily.
Last week, $1.5 billion worth of Bitcoin was withdrawn from crypto exchanges. This is a record weekly outflow of cryptocurrency from trading platforms since mid-September 2021, which is a positive trend in terms of long-term price movements.
​​Hello 👋
Everyone has heard about Bitcoin, which has become a symbol of cryptocurrencies due to its incredible growth. However, there are others.
For example, Ripple, a digital payment network created on blockchain. It is built upon a specially designed protocol with XRP. This is a full-fledged cryptocurrency that is consistently included in the top five cryptocurrencies with the biggest market capitalization.
Everyone has heard about Bitcoin, which has become a symbol of cryptocurrencies due to its incredible growth. However, there are others.
For example, Ripple, a digital payment network created on blockchain. It is built upon a specially designed protocol with XRP. This is a full-fledged cryptocurrency that is consistently included in the top five cryptocurrencies with the biggest market capitalization.
​​Hello👋
Ripple and XRP are different concepts. The company is working on a technology that allows for fast transfers and payments. At the same time, XRP serves as an independent tool required to use the services offered by the company but does not affect the technology.
Ripple is not involved in moving physical money from one place to another. It just makes the promised payment instead. And a good example of the use of XRP can be currencies that are not usually traded in pairs. For example, if you need to convert a Ugandan shilling into an Icelandic krona, you will have to change shillings into US dollars, and then dollars into kronur. Normally, you would face commissions at every stage, but Ripple allows you to avoid that.
Ripple and XRP are different concepts. The company is working on a technology that allows for fast transfers and payments. At the same time, XRP serves as an independent tool required to use the services offered by the company but does not affect the technology.
Ripple is not involved in moving physical money from one place to another. It just makes the promised payment instead. And a good example of the use of XRP can be currencies that are not usually traded in pairs. For example, if you need to convert a Ugandan shilling into an Icelandic krona, you will have to change shillings into US dollars, and then dollars into kronur. Normally, you would face commissions at every stage, but Ripple allows you to avoid that.
​​Hello 👋
4 altcoins entered a critical oversold phase amid a decline in the crypto market.
• Cardano traded at $0.79 yesterday, and the altcoin has a capitalization of $24.7 billion. Cryptocurrency has fallen in price by 13% in one day.
• As of February 24, Polygon's price was $1.3, its capitalization - $9 billion. Altcoin fell 14% in 24 hours.
• Yesterday, Cronos was trading at $0.35 and had a capitalization of $9 billion. Altcoin fell 14% in 24 hours.
• On Feb. 24, Chainlink was trading at $11.9, and the altcoin had a capitalization of $5.5 billion. Cryptocurrency fell by 17% in one day.
Despite a significant drop in the value of these tokens, they retain high growth potential. This is due to the fact that their networks have many active addresses and a large number of transactions.
4 altcoins entered a critical oversold phase amid a decline in the crypto market.
• Cardano traded at $0.79 yesterday, and the altcoin has a capitalization of $24.7 billion. Cryptocurrency has fallen in price by 13% in one day.
• As of February 24, Polygon's price was $1.3, its capitalization - $9 billion. Altcoin fell 14% in 24 hours.
• Yesterday, Cronos was trading at $0.35 and had a capitalization of $9 billion. Altcoin fell 14% in 24 hours.
• On Feb. 24, Chainlink was trading at $11.9, and the altcoin had a capitalization of $5.5 billion. Cryptocurrency fell by 17% in one day.
Despite a significant drop in the value of these tokens, they retain high growth potential. This is due to the fact that their networks have many active addresses and a large number of transactions.
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Terra is a blockchain protocol that creates stablecoins that track the price of any fiat currency. LUNA token holders can propose and vote on proposals to improve the blockchain.
This token has risen in price by almost 33% over the past week. It was trading at $66.8, and its market cap was $25.2 billion. At the end of 2021, the Terra token updated its all-time high above $103. Since then, it has fallen in price by 36%. At the end of January of this year, the altcoin updated its local minimum since November 2021, reaching $46.3.
Terra is a blockchain protocol that creates stablecoins that track the price of any fiat currency. LUNA token holders can propose and vote on proposals to improve the blockchain.
This token has risen in price by almost 33% over the past week. It was trading at $66.8, and its market cap was $25.2 billion. At the end of 2021, the Terra token updated its all-time high above $103. Since then, it has fallen in price by 36%. At the end of January of this year, the altcoin updated its local minimum since November 2021, reaching $46.3.
​​Hello 👋
ADA is the digital currency of the Cardano platform, named after the world's first computer programmer, Ada Lovelace. ADA tokens allow voting and staking in the Cardano ecosystem.
Cardano is being developed by the IOHK (Input Output Hong Kong) research laboratory, which aims to create a decentralized system and solve the problems of global financial systems.
ADA is the digital currency of the Cardano platform, named after the world's first computer programmer, Ada Lovelace. ADA tokens allow voting and staking in the Cardano ecosystem.
Cardano is being developed by the IOHK (Input Output Hong Kong) research laboratory, which aims to create a decentralized system and solve the problems of global financial systems.
​​Hello 👋
Litecoin is a peer-to-peer digital currency that features almost zero-cost payments to anywhere in the world.
Litecoin is also an open-source and global payment network. It is completely decentralized and has no control from any central authorities. Litecoin has fast transaction confirmation times and improved storage efficiency.
Litecoin is a peer-to-peer digital currency that features almost zero-cost payments to anywhere in the world.
Litecoin is also an open-source and global payment network. It is completely decentralized and has no control from any central authorities. Litecoin has fast transaction confirmation times and improved storage efficiency.
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ALICE is a token that powers My Neighbor Alice, a multiplayer blockchain builder game. Players can earn it by buying, selling and building many of the virtual items in the game.
People sell tokens on the exchange, buy or create new items in the game. As more players join and tokens become scarce, the price on the exchange rises. Also, new cooperation with gaming services or listing on a new exchange will positively affect quotes.
ALICE is a token that powers My Neighbor Alice, a multiplayer blockchain builder game. Players can earn it by buying, selling and building many of the virtual items in the game.
People sell tokens on the exchange, buy or create new items in the game. As more players join and tokens become scarce, the price on the exchange rises. Also, new cooperation with gaming services or listing on a new exchange will positively affect quotes.
​​Hello 👋
Over the past 7 days, Bitcoin has risen in price by 4%. This week the trend is likely to continue, and this is why:
• The Luna Foundation Guard received about $1 billion worth of BTC to ensure the sustainability of Terra USD (UST).
• The number of BTC addresses with a non-zero balance exceeded 40 million for the first time.
• MicroStrategy received a bank loan to buy Bitcoin, and now the company's balance is 125,051 BTC.
In addition to the above events, it is worth mentioning that long-term traders continue to buy and hold Bitcoin. Some of them use our online service for automatic cryptocurrency exchange Sharp Exchange.
Over the past 7 days, Bitcoin has risen in price by 4%. This week the trend is likely to continue, and this is why:
• The Luna Foundation Guard received about $1 billion worth of BTC to ensure the sustainability of Terra USD (UST).
• The number of BTC addresses with a non-zero balance exceeded 40 million for the first time.
• MicroStrategy received a bank loan to buy Bitcoin, and now the company's balance is 125,051 BTC.
In addition to the above events, it is worth mentioning that long-term traders continue to buy and hold Bitcoin. Some of them use our online service for automatic cryptocurrency exchange Sharp Exchange.
​​Hello 👋
There are two favorites on the market right now: the NEAR Protocol smart-contract platform and the Cosmos ecosystem of interoperable blockchains.
The price of the NEAR token has already grown, but it is still at the very initial stage of protocol development. As for Cosmos, the more successful forks are created in the ecosystem, the higher the price of its token (ATOM) will be.
In both cases, we should expect an increase in the value of coins by 3-5 times from the current level. Thus, we recommend that you consider earning on the exchange rate difference.
There are two favorites on the market right now: the NEAR Protocol smart-contract platform and the Cosmos ecosystem of interoperable blockchains.
The price of the NEAR token has already grown, but it is still at the very initial stage of protocol development. As for Cosmos, the more successful forks are created in the ecosystem, the higher the price of its token (ATOM) will be.
In both cases, we should expect an increase in the value of coins by 3-5 times from the current level. Thus, we recommend that you consider earning on the exchange rate difference.
​​Hello 👋
Today, the Bitcoin price lost $1,000 in an hour, dropping to $38,500. Over the past 24 hours, the cryptocurrency has fallen in price by 3.3%.
Its capitalization has decreased to $741 billion, with daily trading volumes of $19.8 billion. The market share of BTC is 39%, and the total valuation of digital currencies is $1.9 trillion.
Other altcoins have also fallen in price over the past 24 hours. Ethereum dropped 4% to $2.9K, Binance Coin dropped 3.7% to $399, and XRP lost 5% and is now trading at $0.73.
Today, the Bitcoin price lost $1,000 in an hour, dropping to $38,500. Over the past 24 hours, the cryptocurrency has fallen in price by 3.3%.
Its capitalization has decreased to $741 billion, with daily trading volumes of $19.8 billion. The market share of BTC is 39%, and the total valuation of digital currencies is $1.9 trillion.
Other altcoins have also fallen in price over the past 24 hours. Ethereum dropped 4% to $2.9K, Binance Coin dropped 3.7% to $399, and XRP lost 5% and is now trading at $0.73.
​​Hello 👋
Today, Bitcoin reached a weekly low of $38,600. Over the past 24 hours, the cryptocurrency has fallen in price by 2%, and its capitalization has decreased to $742 billion, with daily trading volumes of $18.9 billion. BTC's share in the market is 39.1%.
At the end of March, the asset's price exceeded $48,000. Since then, it has lost 21%. As we said earlier, use the moment to your advantage — buy BTC and other cryptocurrencies on sharp.exchange!
Today, Bitcoin reached a weekly low of $38,600. Over the past 24 hours, the cryptocurrency has fallen in price by 2%, and its capitalization has decreased to $742 billion, with daily trading volumes of $18.9 billion. BTC's share in the market is 39.1%.
At the end of March, the asset's price exceeded $48,000. Since then, it has lost 21%. As we said earlier, use the moment to your advantage — buy BTC and other cryptocurrencies on sharp.exchange!
​​Hello 👋
Bitcoin Cash is an updated version of BTC, created from a hard fork of the current blockchain in 2017.
The protocols of the new coin are an exact copy of PoW with the SHA-256 hash function. Thanks to this, the highest mark in the volume of coins can now be 21 million units. At the same time, the reward system remained the same, which earned the cryptocurrency many positive reviews.
Bitcoin Cash is an updated version of BTC, created from a hard fork of the current blockchain in 2017.
The protocols of the new coin are an exact copy of PoW with the SHA-256 hash function. Thanks to this, the highest mark in the volume of coins can now be 21 million units. At the same time, the reward system remained the same, which earned the cryptocurrency many positive reviews.
​​Hello 👋
The decline of traditional stock markets and internal industry problems are putting pressure on BTC, ETH, and other digital assets.
Their fall may continue, and you should consider working it out through the sale of futures on BTC/USDT and ETH/USDT with targets of $20,000 and $1,250, respectively. You can do this on Sharp Exchange.
The decline of traditional stock markets and internal industry problems are putting pressure on BTC, ETH, and other digital assets.
Their fall may continue, and you should consider working it out through the sale of futures on BTC/USDT and ETH/USDT with targets of $20,000 and $1,250, respectively. You can do this on Sharp Exchange.
