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According to Chainalsys, the blockchain analysis firm, the largest region for cryptocurrency adoption is Western Europe. The all-time high for cryptocurrency interest was in the second quarter of Q2 of 2021. However, although adoption has reduced in ...
The Directional Movement Index is a great technical tool that helps you see the direction of the market and whether the market is making gains or losses. That’s easy, you say – what’s the point of that? Well, the Directional Movement Index (DMI) ...
One of the tests for the longevity of Bitcoin’s long term viability is how usable is it? The more places that BTC can be used the more point there is in owning BTC. In short, BTC needs to go from the realm of ‘techno-savvy only’ to ‘Mr & Mrs Smith’. ...
Positives: 1. A digital lockdown induced by COVID-19 has led to a wider acceptance of all things digital. The globe has been exposed to digital meetings, digital work, so the idea of a digital currency is conceptually easier to understand. 2. A ...
One of the impacts of COVID-19 has been people at home, receiving some pay, and then getting interested in cryptocurrencies. Bitcoin has once again grabbed the headlines with enormous gains and losses being made over the last few months. So, let’s ...
There is a huge battle going on for crypto dominance and Bitcoin has one distinct disadvantage over Ethereum; it is too static in its development. Well, this is the case below that Bloomberg make for Bitcoin being surpassed by Ethereum. Firstly, the ...
The recent sharp falls in Bitcoin have happened as Tesla’s CEO Elon Musk highlighted his environmental concern about Bitcoin. So here is what all the fuss is about. Bitcoin mining is very ‘dirty’. The amount of electricity consumed to mine bitcoin ...