Many people have the mistaken idea that the price of bitcoin is βbacked by nothingβ. Thatβs just not true. Bitcoinβs price is governed by two crucial factors: supply and demand.
#BitcoinPrice#Supply#demand#two
More women investing in crypto, a new report says,
BTC Markets, an Australian bitcoin and cryptocurrency exchange, saw a 175% increase in women users last fiscal year, dwarfing the 80% increase it saw in male users, according to a new report by the company.
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The biggest winner of the explosive growth in crypto trading revenues is Binance Holdings Ltd., which increased its share of spot-market crypto trading volumes from 49% in 2020 to 69% as it raked in an estimated $14.6 billion in trading fees last year.#CryptoNews#coin
As more women invest in crypto, the industry's reputation advances. Their increased involvement helps make the case that crypto can "sit alongside other traditional investments," the report asserts.
Robinhood CEO Says Dogecoin Needs Bigger Blocks to Be Internet's Currency
Robinhood chief Vlad Tenev took to Twitter to theorize how Dogecoin could become "the future currency of the internet and the people.β
#btc#cryptocurrency#crypto#DogecoinToTheMoon#dogecoin#DOGE
Yesterday was a rather calm trading day, with BTC changing hands around $40,000 for most of it. However, the bulls were reminded of their presence and drove bitcoin north hours ago. As a result, bitcoin spiked to its current level β just over $41,000.
#cryptoworld
The bears gained control over the market and pushed BTC south. Thus, the asset firstly fell to $45,000 before it dumped to $43,000. The landscape worsened in the past few days as bitcoin slipped below $40,000 for the first time in about a month.
#cryptoworld#cryptocurrencies