In 2023, several major airlines, such as Air Baltic and LOT Polish Airlines, started accepting bitcoin and other cryptocurrencies as payment for air tickets. This option made it possible for digital asset users to gain more freedom in using their cryptocurrencies for everyday needs, including purchasing tickets for international flights. The main feature of this […]...
Read More
In October 2024, the Praxis project, focused on creating a cryptocurrency-friendly city, attracted funding worth $525 mln. Gate Ventures and Movement Labs are among the project’s investors. The main goal is to integrate cryptocurrencies and decentralized technologies into everyday urban life, where blockchain will play a key role in management and financial transactions. Within the […]...
Read More
The Fear and Greed Index in the cryptocurrency market is a metric that attempts to gauge the overall sentiment of market participants. Below we present an overview. 1. The essence of the indicator: – Measures investor sentiment from 0 to 100 – 0-25: Extreme Fear – 26-45: Fear – 46-54: Neutral – 55-75: Greed – […]...
Read More
Yesterday the intraday rally got underway during Asian trading. After breaking above $63,400, the uptrend gained momentum as short positions got stopped out. According to CoinGlass, $55.4 mln worth of BTC shorts were liquidated over the past 24 hours. The rally was driven by upbeat macro data out of China and the US, as well […]...
Read More
State Channels are a technology that allows two parties to conduct multiple transactions off-chain, recording only the initial and final state on the main network. This reduces the load on the blockchain and allows transactions to be performed faster and cheaper. For example, if two users exchange cryptocurrency multiple times, only the final amount will […]...
Read More
In 2023, cryptocurrencies became even more integrated into everyday shopping thanks to services such as Bitrefill and CoinGate. These platforms started offering users the ability to purchase gift cards from major retailers like Amazon, Netflix, and Apple using Bitcoin and other cryptocurrencies. This makes it possible for users to bypass the need to convert digital […]...
Read More
The extension of Mt. Gox’s payout period until October 2025 is mildly positive news for bitcoin. This decision reduces the risk of a large overhang of BTC being dumped onto the market all at once, which could put heavy pressure on the price action. Given that the exchange still has $2.7 bln in cryptocurrency in […]...
Read More
News that Chinese authorities plan to unload a large batch of seized Ethereum looks quite speculative. First of all, it is based on data from an anonymous researcher, FreeSamourai, raising questions about its reliability. Second, the movement of 7,000 ETH on exchanges is a relatively small volume, and as such could not materially impact the […]...
Read More
HBO recently released a documentary film “Money Electric: The Bitcoin Mystery”, where director Cullen Hoback purports to unmask the identity of the creator of bitcoin, Satoshi Nakamoto. According to the film, it could be the Canadian developer Peter Todd, who, according to the data provided, was active on the Bitcoin forum back in 2010 and […]...
Read More
Token burning is a process whereby a certain number of cryptocurrency tokens is permanently removed from circulation by sending them to a special dead blockchain address, thereby making them irretrievable. Technically, tokens are sent to an address where no one has a private key, making them forever inaccessible. The main purpose of burning tokens is […]...
Read More