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The higher the bitcoin rate, the more often it is buried. How many times BTC had to die was calculated at 99bitcoins. Since the beginning of the year, the cost of bitcoin has grown 2.5 times. It is paradoxical, but true: with the growth of quotations, skeptics who write obituaries for cryptocurrency become more active. 99bitcoins calculated: the year is not over yet, and BTC has already predicted its death 41 times. The opponents of the coin showed great activity only in 2017 and 2018 – then the premature death of the asset was reported 124 and 93 times. Of…

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Reading time: ~ 2 m Burning tokens / coins is becoming an increasingly popular tool among crypto projects. When coins are burned (destroyed or withdrawn from circulation), the supply is reduced. The decrease in the number of coins increases the price and benefits the investors. Shiba Inu, the second largest meme coin by market capitalization, is expected to undergo massive incineration in the coming weeks. While Shiba Inu is no stranger to deflationary techniques, the move should be the largest in the chain’s history. Shiba Inu founder Ryoshi explained that the incineration would prepare the network for a major project.…

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Reading time: ~ 2 m MMM now has its own token. What do its creators offer? Coinmarketcap added the Russian token MMM7 to the list of watched. The creators do not hide their connection with this very MMM, and on the site mmm7.io you can even find the familiar logo of Sergey Mavrodi’s company. So far, the new token is not in great demand, taking place outside the 6,000 largest projects. The platform capitalization is announced at $ 5 billion. Looks dubious considering the trading volume of $ 400 per day. MMM7 is based on Tron (TRX) and supports the…

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Representatives of the mining industry talked about how the situation has changed in recent weeks, whether the hash rate will continue to grow and what was the reason for the last decrease in the complexity of the bitcoin network The profitability of Bitcoin mining has been declining over the past month, according to Bitnifocharts. On November 9, the indicator reached 0.45 points, by December 6, it dropped by 35%, to 0.29. This was largely influenced by the fall in the bitcoin rate, which on November 10 set a historical maximum at $ 69 thousand, and on December 4 dropped to…

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Reading time: ~ 2 m Floki Inu’s price continued to climb, climbing to $ 0.000143 with a daily gain of 17%. For now, the FLOKI bulls are focused on eliminating the losses that have swept the crypto market last week. It looks like the price of FLOKI / USDT has formed a double bottom pattern on the 4-hour chart, stopping losses at the level of $ 0.00011870. This level covers the November 28 intraday low, which confirms the formation of a double bottom. Such a bullish pattern forms when an asset has twice tested a support level without breaking below…

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More than a quarter of investors in the United States (26%) said they already own bitcoin, more than half (55%) have acquired an asset in the last 12 months. This follows from the data of the Grayscale Investments survey. Does it feel like 2021 was a pivotal year for #crypto acceptance and adoption? Find out just how much has changed in our annual survey of investor attitudes toward #Bitcoin: https://t.co/lIHAUjQuHy pic.twitter.com/GwmZcj7LCS — Grayscale (@Grayscale) December 6, 2021 77% of respondents view digital gold as an investment asset, not a currency. About a third of investors (37%) intend to hold the…

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Reading time: ~ 2 m At the beginning of this week, the market began to recover, and today the pairs will try to gain a foothold in the area of ​​average prices. BTC/USD Selling prevailed yesterday morning, but the 61.8% fibo level (47745.25 USD) was able to keep the bitcoin price from falling deeply. In the afternoon, the pair gradually began to recover and tested the two-hour EMA55 this morning. The BTC price marked a local maximum around the 51500.00 USD mark. If during the day the pair consolidates above the moving average EMA55, then the recovery will continue to…

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Reading time: ~ 2 m Bitcoin-focused project Spiral (formerly Square Crypto) presented a set of tools for developing cryptocurrency wallets and other technical solutions based on the Lightning Network (LN) Bitcoin micropayment network. We made a very short documentary about the Lightning Development Kit, our big project these last couple of years. We wanted a puppet to perform @jack’s parts but settled for actual @jack: https://t.co/q6eW4PDuNW — Spiral (@spiralbtc) December 6, 2021 “Lightning Development Kit (LDK) is a way to easily integrate instant bitcoin payments into any application.”- explained Conor Ocus, Spiral CEO. According to the project team, work in…

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Reading time: ~ 2 m According to Glassnode, as of December 7, the available altcoin offer is 14 million ETH. The number of Ethereum on cryptocurrency exchanges has dropped to a minimum in the past three years. According to the analytical company Glassnode, as of December 7, the available altcoin offer is 14 million ETH. Фото: Glassnode On December 4, against the backdrop of the collapse of the crypto market, the value of Ethereum for the first time since mid-October dropped to $ 3.5 thousand. On December 7, altcoin is traded at $ 4.4 thousand. Cryptocurrency capitalization is $ 518…

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Reading time: ~ 2 m “Cryptocurrency” and “bitcoin” failed to enter the top three in the ranking of the most popular words of 2021 among social media users. This was reported by the specialists of the Brand Analytics company. Analysts analyzed 874 billion words in 52.2 billion Russian-language posts published on various social media from January 2020 to November 2021. Only terms were taken into account, the mention of which had grown at least twice as compared to the previous year. The first four places in the ranking were taken by words related to the COVID-19 pandemic. Data: Brand Analytics.…

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