Market focus

Several years ago, Belarus made noise worldwide as the first country to introduce all the basic concepts related to blockchain and cryptocurrencies into legislation. It also gave nearly free rein to the cryptocurrency business. However, in time, all the positive initiatives were completely destroyed by bureaucracy. In recent news: Belarusian Railway (BCh) has issued $…

Breaking crypto news from the last week (28 Aug. – 3 Sept. 2021): 28 Aug.: Deloitte, one of the Big Four, surveyed financial leaders as part of its 2021 Global Blockchain Survey, with the results suggesting a transition to digital assets is inevitable. Cybersecurity, regulation, and privacy are seen as the biggest obstacles to the…

Bloomberg’s senior commodity strategist Mike McGlone argues that Bitcoin is gradually becoming a global reserve asset that complements the US dollar. According to a Bloomberg report, digital assets like Bitcoin and Ethereum are on the way to new highs. The September edition of Bloomberg’s Crypto Outlook called $100,000 BTC and $5,000 Ether (ETH) the “path…

The Federal Reserve has resorted to flooding the economy with dollars to curb inflation. According to Forbes, the M2 money supply in April 2021 was $20.11 trillion, representing a 30% increase since January 2020. Too many dollars in the system reduces the currency value. In addition, there is pent-up demand — more money going after…

The name DASH obviously indicates speed, but it also stands for “dark cash”. The idea for Dash is to make crypto an analog of cash money, both in terms of simplicity in use and anonymity. The plan, it must be said, is really quite ambitious, considering how other truly anonymous cryptocurrencies (e.g., Monero) mostly focus…

The fear of missing out on excess profits is one of the most powerful engines of the crypto market, no matter what they say about the practical economic use of blockchain. Therefore, the correct application of the “Fear & Greed Index” allows you to read the market mood, and understanding FOMO lets you build out…