Contrary to what was initially believed by many people, digital currencies such as Bitcoin do not actually provide privacy. The whole point of a public ledger is that all transactions should be available to anyone with an internet connection and a software client such as a cryptocurrency wallet or a…
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Bitcoin Didn't Get Much Investor Attention the Past 2 Weeks
In the second trading week of 2022, Bitcoin did not attract too much action in terms of long-term investing, at least not enough to create a rally towards the $50,000 pricing level. Notwithstanding this lack of enthusiasm in the markets, the week produced quite a few news headlines. Let&…
What to Know the Future of Nonfungible Tokens
Nonfungible tokens are also known as NFTs. In recent years, they've become increasingly popular with both buyers and sellers. This was particularly true in 2021. They came to the attention of the public via varied means. The Bored Ape Yacht Club is an example of the kind of…
The Importance of Blockchain in 2022
In 2021, blockchain technology development was largely centered on decentralized finance and non-fungible tokens. While industry analysts believe that DeFi and NFT projects will continue to expand in 2022, there are additional sectors that are ripe for blockchain disruption. We are talking about payment networks, human resources, and the gig…
Can You Expect Bitcoin Return to 50K This Year?
What will it take for Bitcoin to return to the $50K price level this year? According to various cryptocurrency market analysts who have been closely following BTC/USD over the last few months, a more realistic projection would involve Bitcoin settling around the $46,500 line of support, but it…
Be On the Lookout for Record Bitcoin Share Prices
Despite projections from various market analysts who think Bitcoin would go through a bearish period pushing prices down towards the $30K level, the digital currency token has been able to stay closer to $40K. According to Fidelity Investments executive Jurrien Timmer, BTC/USD is actually oversold at this point, thus…