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AibiemkaWill Bitcoin be priced at $100,000
In the first weeks of March, bitcoin broke all previously set price records. On Wednesday, March 13, the value of the coin exceeded $73,000, and its market capitalization approached $1.5 trillion. In ten years, bitcoin's value has grown by 107365.9%, which has never happened before in the market with any of the assets, including gold, platinum and oil. Naturally, the rapid growth of the VTS price is causing a lot of heated debates on whether the coin can set an all-time record by reachin...
AibiemkaAre cryptocurrencies a financial bubble?
Cryptocurrencies have experienced a rapid rise in popularity in recent years. Their decentralized nature, anonymity and potential for high returns are attracting more and more investments. However, along with this, there is growing concern among some experts about the overvaluation of digital assets and the sustainability of the cryptocurrency market.What is a market bubble?A market bubble is a situation in the market when the price of an asset significantly exceeds its real value, which soon...
AibiemkaTether blocked more than $1 billion in USDT crypto wallets
Hash Telegraph's sources report that Tether is actively blacklisting wallets and blocking users from accessing USDT stablecoins. Following the events of November 2017, when an unknown hacker stole more than $30 million in USDT stablecoins from a Tether Treasury wallet, the issuer of these stablecoins, Tether announced the release of a new version of its Omni Core software client capable of blocking assets and transactions from blacklisted cryptocurrency wallets. In December 2023, Tether ...
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AibiemkaWill Bitcoin be priced at $100,000
In the first weeks of March, bitcoin broke all previously set price records. On Wednesday, March 13, the value of the coin exceeded $73,000, and its market capitalization approached $1.5 trillion. In ten years, bitcoin's value has grown by 107365.9%, which has never happened before in the market with any of the assets, including gold, platinum and oil. Naturally, the rapid growth of the VTS price is causing a lot of heated debates on whether the coin can set an all-time record by reachin...
AibiemkaAre cryptocurrencies a financial bubble?
Cryptocurrencies have experienced a rapid rise in popularity in recent years. Their decentralized nature, anonymity and potential for high returns are attracting more and more investments. However, along with this, there is growing concern among some experts about the overvaluation of digital assets and the sustainability of the cryptocurrency market.What is a market bubble?A market bubble is a situation in the market when the price of an asset significantly exceeds its real value, which soon...
AibiemkaTether blocked more than $1 billion in USDT crypto wallets
Hash Telegraph's sources report that Tether is actively blacklisting wallets and blocking users from accessing USDT stablecoins. Following the events of November 2017, when an unknown hacker stole more than $30 million in USDT stablecoins from a Tether Treasury wallet, the issuer of these stablecoins, Tether announced the release of a new version of its Omni Core software client capable of blocking assets and transactions from blacklisted cryptocurrency wallets. In December 2023, Tether ...
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Only 3 cryptocurrencies from the top 100 managed to rise in price over the past 30 days. Thus, April 2024 was a negative month for the global market of digital currencies. The best result was demonstrated by the new token Ethena (ENA), whose quotes jumped by 13.5% during the reporting time period.
It should be noted that the token Ethena (ENA) lost 13.45% over the past 24 hours. As of the evening of May 1, 2024, the ENA cryptocurrency is trading around $0.78, and its capitalization reaches $1.11 billion. Over the past 24 hours, traders made transactions with the token on the spot market for a total of $448 million.
Bitget Token (BGB) and Neo (NEO) rose in value by 2.55% and 1.97%, respectively. All other digital currencies fell in value to varying degrees. The losses of TRON (TRX) were insignificant. This cryptocurrency fell in price by only 0.6%. Also, the prices of such well-known cryptocurrencies as Monero (XMR) and Binance Coin (BNB) fell insignificantly. The digital assets lost only 1.55% and 4.5%, respectively.
However, there were cryptocurrencies that significantly disappointed investors. For example, the rate of the new digital currency Wormhole (W) collapsed by almost 52% over the month. In addition, Aptos (APT), Core (CORE), Conflux (CFX), Jupiter (JUP), Pyth Network (PYTH), Uniswap (UNI), Axelar (AXL), Sui (SUI), THORChain (RUNE), dogwifhat (WIF), and Synthetix (SNX) lost significant value. All of them lost between 40% and 48% of their value 30 days ago.
As for the leading cryptocurrencies, Bitcoin (BTC) is down 17.5% to $57,280 as of this writing. Capitalization is equal to $1.12 trillion, and daily transaction volumes on the spot market are $48.3 billion. Ethereum (ETH), which ranks 2nd in terms of total supply with $356.71 million, has fallen in price by 15.95% during the time period under review. Its price stands at $2920.
Only 3 cryptocurrencies from the top 100 managed to rise in price over the past 30 days. Thus, April 2024 was a negative month for the global market of digital currencies. The best result was demonstrated by the new token Ethena (ENA), whose quotes jumped by 13.5% during the reporting time period.
It should be noted that the token Ethena (ENA) lost 13.45% over the past 24 hours. As of the evening of May 1, 2024, the ENA cryptocurrency is trading around $0.78, and its capitalization reaches $1.11 billion. Over the past 24 hours, traders made transactions with the token on the spot market for a total of $448 million.
Bitget Token (BGB) and Neo (NEO) rose in value by 2.55% and 1.97%, respectively. All other digital currencies fell in value to varying degrees. The losses of TRON (TRX) were insignificant. This cryptocurrency fell in price by only 0.6%. Also, the prices of such well-known cryptocurrencies as Monero (XMR) and Binance Coin (BNB) fell insignificantly. The digital assets lost only 1.55% and 4.5%, respectively.
However, there were cryptocurrencies that significantly disappointed investors. For example, the rate of the new digital currency Wormhole (W) collapsed by almost 52% over the month. In addition, Aptos (APT), Core (CORE), Conflux (CFX), Jupiter (JUP), Pyth Network (PYTH), Uniswap (UNI), Axelar (AXL), Sui (SUI), THORChain (RUNE), dogwifhat (WIF), and Synthetix (SNX) lost significant value. All of them lost between 40% and 48% of their value 30 days ago.
As for the leading cryptocurrencies, Bitcoin (BTC) is down 17.5% to $57,280 as of this writing. Capitalization is equal to $1.12 trillion, and daily transaction volumes on the spot market are $48.3 billion. Ethereum (ETH), which ranks 2nd in terms of total supply with $356.71 million, has fallen in price by 15.95% during the time period under review. Its price stands at $2920.
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