The Primexbt trading platform news

Crypto analyst Mati Greenspan, who earned the title of “father of the year” for feeding his baby while speaking at Virtual Blockchain Week, thinks Bitcoin and other assets are more closely correlated. people think ahead of the outbreak of COVID-19. And he came up with the chart below to illustrate “what happens with crypto.”

Bitcoin’s comeback from mid-March lows helped the coin climb to near $8000 – a key resistance level for BTC. The current resistance area has exposed the coin to numerous hurdles, but buyers remain largely unaffected thanks to the recent uptrend.

After predicting a possible drop in the price of Bitcoin to $3,000, Silk Road creator and federal prisoner Ross Ulbricht sees the possibility of the coin's price to rise in the long-term above $20,000. .

With Bitcoin continuing to recover in the current volatile economic conditions, analysts are confident that the crypto market will explode this year and continue to grow. Fundamental and technical factors both suggest that BTC will rise in price even amid the pandemic and global economic downturn.

After rallying back to $7200 over the weekend, Bitcoin had a dip Monday morning to $6800, prompting BitMEX to liquidate $40 million worth of coins in long positions. At that time, the asset's value was down 7% from the weekend high and 9% from the $7470 peak that occurred two weeks ago

In recent weeks, Stablecoins, a digital asset whose value is tied to a stable reserve asset, have become increasingly important in the cryptocurrency market. Initially, only a part of investors preferred Stablecoins, but now, the market share of this Altcoin* is increasing.

Along with efforts to fight the pandemic globally, many countries have ordered a blockade of the country to prevent the spread of corona virus. For weeks on end, people had to stay home and practice social distancing, slowing the spread of COVID-19. Putting aside the damage of the global economy, the blockade has led many people to come up with interesting ways to entertain at home.

Ethereum is up nearly 15%, breaking many price barriers from the dollar. The price of ETH is holding above $170 and is about to face a critical resistance area near the $175 level.

Amid the global Covid-19 pandemic and concerns surrounding lockdowns and rising unemployment, more and more people are turning to cryptocurrencies, and Russia is no exception.

Yesterday, Bitcoin failed to break through the $7,400 barrier and turned back below $7,000. This signal shows a clear weakening of the bulls. Along with this weakening signal, some pessimistic analysis on primexbt exchange also appeared. In it, there are predictive analytics, the worst has not really begun. Bitcoin could drop to as low as $1,800.

The primexbt exchange crypto market has been on a roll this month, led by Bitcoin. Analysts say that this trend will continue, and Bitcoin will act as the “driver” for the overall growth of the market in 2020.

Compared to all other asset classes, Bitcoin deserves to be at the top in terms of liquidity or cashability, because the cryptocurrency market is constantly moving.

Michael Stay, a former software engineer at Google and currently the CTO of Pyrofex - a company on Smart Contracts and decentralized applications (Dapps), claims to have successfully hacked a zip file containing private keys with a total value of over $300,000 Bitcoin.

The total market capitalization is equal to the total value of all cryptocurrencies, so it can provide clues about the overall trend of the market, as well as the relative volatility of Bitcoin and Altcoins in the short term.

With a friendly crypto-ecosystem, the Singapore market attracts more and more international crypto companies to participate, but local companies are finding their way to expand into foreign markets.

Microsoft has just filed their patent for creating a new cryptocurrency mined using the PoW (Proof of work) consensus mechanism. However, instead of using powerful and expensive mining rigs, they want to use basic human energies.

Suffice to say, Bitcoin's current monthly candlestick chart is unlike any other that can be found since the bear market began. The lower shadow is almost twice the length of the real body.

The United Nations Organization (UN, United Nations - UN) has issued a warning about an approaching great economic crisis, revolving around notable forecast signs: the weakening of bullish indicators. growth in both developed and developing countries, the acute US-China trade war situation, the possibility of Brexit taking place without a deal, etc.

Read the article now and challenge yourself with the Knowledge Test at the end of the article for a chance to win a total prize of up to 100 USDT/month at Primexbt. At the end of October 2020, the International Bank made an official announcement about the ban on the use of cryptocurrencies in payments throughout the international territory.

Entrepreneur Trader - Chairman of the Board of Directors of Primexbt Group, a leading expert in real estate investment in primexbt.

Sandy Jadeja: strategic director of market analysis & international trading trainer. The character sought by every government

According to industry experts, securities are the sector that is most clearly referenced to the Cryptocurrency market at primexbt. In the nearly 30-year history of establishment and development, the Cryptocurrency market has witnessed fever - freeze waves and cycles that are closely related to the stock market.

According to the analyst, land fever has brought out 3 hot cycles of Cryptocurrency and its relevance to the "TOP" of securities.

Dear friend! A question that is being asked the most today is "Should we invest money in the context of inflation as analyzed by experts at Primexbt?

Because currently inflation in the world is well controlled, but the risk of increasing is always present and creating a loss of value of money. This will definitely be an investment event that you should not miss. Because the program is only held once a year.

The website theme you should choose is a topic that you must really love, you can spend hours every day writing about it you will be rewarded in money, bitcoin, cryptocurrencies. Imagine if you created a website right now, would you still maintain it a year later? If the answer is yes, then you have chosen the right topic.

As an investor in cryptocurrency, there must have been many times when you were in a situation where your account was burned, sometimes overnight, you lost over 90% of your assets because of making common mistakes when investing in cryptocurrency. Here are the common mistakes in the field of cryptocurrency investment that you often make.

Cryptocurrencies are said to have hit their all-time high at the end of 2017, when Bitcoin, the first child of the cryptocurrency, hit a staggering price of just under $20,000 per coin and it's crazy that the year In 2021, each Bitcoin is exchanged for 69,000 USD and then Bitcoin plummets to 20,000 in 2022, but this is only a correction, Bitcoin price increase in the future is certain according to technical analysis experts from primexbt

Below is a list of the top best Bitcoin and Cryptocurrency trading websites ranked according to the criteria of user volume, reputation, friendly interface, easy buying and selling, reasonable price by experts at Primexbt updated

Please note that this article evaluates and selects the top websites for buying and selling Bitcoin and Cryptocurrency, not distinguishing between exchanges or trading services.