June 12 2023 🕓 5 min
Most important Bitcoin-related announcements from BTCPrague
The biggest Bitcoin conference in Europe is over and here is a short list of the most important announcements that came to light during the event.
Market Movers
May 12 2023
NZD weakens on all fronts
The New Zealand dollar (NZD) fell on all fronts on Friday. NZD/USD is down 1.4% and NZD/JPY dropped 1.2%, while GBP/NZD is up 1.3%.
May 12 2023
Inflation levels update
The annual inflation rate in India dropped from 5.6% in March to 4.7% in April. Brazil’s inflation fell from 4.6% to 4.1%. However, inflation in Spain accelerated from 3.3% to 4.1%, and France’s inflation jumped from 5.7% to 5.9%.
May 12 2023
Mark Cuban praises AI
The potential of AI, according to Mark Cuban, is “beyond anything I’ve ever seen,” and he compared ChatGPT to the early days of the internet. Cuban has a straightforward piece of advice for businesses: join the AI race or perish. Cuban stated, “There are two types of companies in the world: those who are great at AI and everyone else.”
May 16 2021 🕓 3 min
DeFi Sunday: The industry is pushing cryptocurrencies above 2% of the global money supply
The cryptocurrency market currently accounts for more than 2% of the total global money supply, and DeFi industry is making a significant contribution to this figure. A number of institutional investors are interested in decentralized finance and perceive the potential for high returns on Bitcoin, altcoins and also stablecoins.
May 14 2021 🕓 2 min
Bitcoin Friday: Musk sends Bitcoin under $ 50,000.
This week was very turbulent on the cryptocurrency market which led to a significant move in a single direction. As I mentioned in previous analyzes, I did not see much room for growth at BTC and the recent market movements had confirmed that notion.
May 13 2021 🕓 2 min
The fundament of the week: What is a genesis block?
In 2009, more precisely on January 3, an unknown developer (or group of developers) named Satoshi Nakamoto began writing history by releasing the so-called Genesis block on the Sourceforge server.
May 10 2021 🕓 4 min
ETH surprised the market due to its activity over the weekend
Ethereum reached a new ATH over the weekend, which even reached $ 4,200 today. It seems that it has still not stopped growing, so we are yet see what else it shows in terms of price. What is this growth driven by and what can we expect in the future?
May 9 2021 🕓 2 min
DeFi Sunday: DeFi now locks twice as much ETH as is held on exchanges
The DeFi industry is still growing and the volume of Ether (ETH) locked in DeFi smart contracts has far surpassed the number recorded by crypto exchanges. It is clearly a bullish signal, which is also supported by the new Bank of Japan report, which took a closer look at the whole sector.
May 7 2021 🕓 2 min
Bitcoin Friday: Technical Analysis of Bitcoin
Bitcoin has been moving sideways for some time and its dominance in the crypto market is declining. While Bitcoin has not made a new high in a long time, altcoins are currently going through their rally phase. What will happen next?
May 6 2021 🕓 4 min
Fundament of the week: Byzantine fault tolerance
Since the invention of Bitcoin as a peer-to-peer electronic cash system in 2008, many other cryptocurrencies have been developed. Each with a specific mechanism. But one thing that almost all cryptocurrencies have in common is the blockchain as a major element of their architecture.
May 3 2021 🕓 2 min
Buffett and Munger criticized Bitcoin again – their opinions will not make cryptofans happy
Legendary investor and the “Oracle of Omaha,“ Warren Buffett and his closest investing friend and colleague, Charlie Munger, criticized cryptocurrencies again. This time though, Charlie Munger showed his real unhappiness with the situation in the cryptoworld.
May 2 2021 🕓 2 min
DeFi Sunday: Ethereum to 3 000 dollars supported by DeFi hype
The biggest altcoin, Ethereum, has been benefiting from the hype of the DeFi world for quite some time. But the latest surge in the price makes this altcoin really stand out.
April 30 2021 🕓 2 min
Bitcoin Friday: Technical Analysis of Bitcoin
Bitcoin made a more significant correction last week. However, this correction was already to be expected. So what has changed since?
April 29 2021 🕓 7 min
Fundament of the week: Double-spending Problem
One of the main problems of every cryptocurrency developer is the issue of double-spending. This refers to an event in which individual spends their cryptocurrencies more than once, thus creating differences between the expense record and the amount of cryptocurrency available as well as the way it is distributed.
April 26 2021 🕓 3 min
Why was the price of cryptocurrencies dropping in the past few days?
The cryptocurrency world has had a few turbulent days, which led to a correction that was viewed by few as an end of the bull run. Do the cryptocurrency enthusiasts and investors really need to feel threatened by the past few days or was this just a healthy correction before BTC attacks the 100 000 dollars mark?