Bitcoin is one of the oldest and currently most popular cryptocurrencies. This virtual currency was created already in 2009, but it has only enjoyed greater popularity in recent years. It was created so that it could not be influenced by any government or central bank. Cybercoins are “minted” by a network of computers with specialized … Read more
However, the market with bitcoin – and of course with other cryptocurrencies – is expecting a challenging week, when a number of events and announcements could affect the development of the rate. “On Tuesday, Nvidia also reports its latest results. This company has become a model of the revolution in artificial intelligence. Cryptocurrencies are likely … Read more
A week ago, Bitcoin was offered for CZK 631,030, but on Friday morning the exchange rate dropped to CZK 564,360. Although it rose to CZK 574,130 in the afternoon, it is still one of the lowest values since mid-March. It follows from the data of the specialist CoinMarketCap server. However, it should be noted that … Read more
Banks should also be wary of contagion risk from the sector, regulators said. They added that they are closely monitoring the activities of banks in the cryptocurrency market. The news comes two months after the collapse of trading platform FTX sent a shockwave through the cryptocurrency industry. Regulators have also said that issuing or holding … Read more
The percentage of bitcoin that hasn’t moved in at least a year also hit a record high on Monday, according to data from IntoTheBlock. It made up almost 70 percent of the total number of this famous cryptocurrency. “Not perfect yet, but solid for a 12-year-old asset and definitely moving in the right direction,” Reflexivity … Read more
“The end of the FTX exchange and the investigation into the Xixoio token project in the Czech environment did not help businesses much. However, the low price increased the share of speculative purchases, which, however, did not compensate for the decline compared to October in volume terms,” said Martin Stránský, founder of Bit.plus. Virtually the … Read more
Significant losses were recorded by cryptocurrencies as early as Tuesday. That day was the worst for Bitcoin since mid-August. The second largest cryptocurrency, ethereum, fell nearly 19% to $ 1,202 by noon on Wednesday. On Tuesday, cryptocurrency giant Binance signed a non-binding deal to take over the non-US unit FTX to help cover a liquidity … Read more