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How does the Fed interest rate affect Bitcoin?
The Fed interest rate is an economic indicator published monthly by members of the Federal Open Market Committee (FOMC).
Does mining negatively impact the environment?
Bitcoin mining is a deeply energy-intensive process and it consumes a lot of electricity, which is why mining is considered to be non-eco-friendly. But is it really that bad?
How does inflation in the U.S. affect Bitcoin?
The inflation rate in the U.S. has long been affecting the price of Bitcoin, which strongly correlates with the stock market. That’s why BTC always moves synchronously with it after the publication of financial news.
LUNA 2.0: is there any chance to succeed again?
LUNA is a native Terra blockchain token. In May 2022, the coin depreciated, and investors incurred losses. As a rehabilitation plan, a new token was created and distributed in the format of Airdrop.
How to list your token on an exchange?
After creating your own token, you need to list it on an exchange. This will give value to the coin and allow users to trade. And higher demand logically leads to a price increase.
Can Bitcoin switch to Proof of Stake?
Bitcoin has been operating on the Proof of Work algorithm for 14 years. Mining confirms transactions: users connect their devices and are rewarded for mined blocks. But is it possible to upgrade the network by switching from mining to staking?
How are trading volumes useful in cryptocurrency analysis?
Trading volume is a helpful indicator when analyzing cryptocurrencies. It allows you to understand the market sentiment in general and the prospect of the asset’s price movement. Traders often use this tool to determine the potential for growth or decline.
BTC Dominance Index: how to use it?
The BTC Dominance Index is an indicator that shows bitcoin’s share in the total capitalization of cryptocurrencies. The higher dominance is, the more considerable influence of BTC on market
Crypto futures. How does it work?
Futures are the most popular way of cryptocurrency trading. At the same time, it is on futures that users lose most of their money. The reason for this is the poor knowledge of how to use leverage and, consequently, the frequent liquidation of the trading account.
Top 5 IDO launchpads
IDO is a good opportunity to make money from crypto. Young projects conduct a token sale, which gives people the opportunity to buy tokens at the lowest price. After listing on the exchange, the price usually increases, giving investors the opportunity to recoup their investment on the first day.
Cryptocurrency burning doesn’t affect the price, and here’s why
Token burning is a tool designed to increase the value of an asset. There are fewer coins in circulation, so the price should grow. In reality, it doesn’t work in every case.
Creating your token. Useful tools and services
Many people dream of creating their cryptocurrency, and it’s actually relatively easy. It is unnecessary to generate a new blockchain. You can take a ready-made network and make a token on it.
WBT Token. The first results and further development
Yesterday WhiteBIT listed the WBT token on its own exchange. The trading started at $1.9, which equals the value of 1 token on the launchpad.
USDT. Could the largest stablecoin collapse?
The value of “ordinary” cryptocurrencies is formed by supply and demand. The buyers’ orders move the price upwards by “eating up” the sellers’ orders, and vice versa in case of a drawdown.
