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Latest News and Updates
Coin Racing: Top Champions & Outsiders December 2020

Nowadays, time in the cryptocurrency universe flies at the speed of light. Rapid tradings dictate new racing conditions every day and every minute. What an amazing show the Crypto world experienced in 2020! The new year is definitely set up for turn-ups that can change online trading far-forth.
BTC gained an all-time high while fighting for $30,000, and ETH presented its Phase 0 of Ethereum 2.0 with a value up to the $740 line. This year showed that the Crypto world has a lot of surprises in store for us. We only have to carefully follow recent tendencies.
And that's not even all the main news. These are the most striking facts about the strongest coins, although there is something to expect. During the year there was talk of other important projects. Let's find out about the results of the best cryptocurrency within market capitalization in the run of the last few months of 2020. Some performances might surprise you.

What is Better Bitcoin or Ethereum?

Years back when the first cryptocurrency, Bitcoin, was mined for the first time in 2009, it could be bought for around 0.1 dollars. Over time the prices rose over 20.000 dollars per coin, so you can imagine how happy were those people who have invested in cryptocurrency back in 2009.
Today, cryptocurrency is still a great investment. Even considering the recent crash, digital coins seem to be recovering. A lot of investors consider cryptocurrency, but they can’t decide which token to choose - Bitcoin or Ethereum? Check out this article to figure out what your options are.

Will Bitcoin Manage To Be Implemented Into Traditional Financial Models?

Even considering a notable drop in value right after 2021, Bitcoin has managed to keep performing well in the past few weeks. On February 22, BTC reached its highest yet price - $57k, but a few days later, the price has dropped again. Nevertheless, it seems that the currency will keep rising in price - today, March 8, 2021, at 11.00 UTC, the price is over 50k again.

BTC has closed at $48.758 on March 1, and now (March 8, 2021, at 11.00 UTC) it has managed to reach $50.125 - BTC has significantly raised in price just within a week. At first, the market-leading digital token reached a new record of $ 48,635 during the beginning of February after a massive $ 1.5 million (or £ 1.1 million) investment from the Tesla company owned by Elon Musk. This event has led to an increase in the price of Bitcoin even though after a while the costs have dropped.

But this past week, the cost of BTC has again increased in price, reaching 47-47 thousand dollars. It could be due to the rumors about a new partnership with MasterCard that has begun to spread. Today, on March 8, 2021, the cost of Bitcoin has reached 50k dollars again. 

Future Governor of California: Palihapitiya May Hold a Prominent Position

Politics is a place where you can find a lot of people from different areas of social life.  Crypto advocates are part of the striking world of politics. One of them is Chamath Palihapitiya. He is the well-known chairman of Virgin Galactic. Chamat has announced his candidacy for governor of California. Many experts believe that his bid is the one that everyone should pay attention to. 

Palihapitiya is known as a proponent of the first cryptocurrency. Previously, he called digital gold the best remedy against autocracy and currency restrictions, as well as the only insurance against the risks of the traditional financial system. He has a great chance at becoming a winner in this rally. According to the latest data, he has much more chances and opportunities than former bitcoin (BTC) politicians.

Bitcoin Weekly Steady Footing & Biggest Holders aren’t Startled

The cryptocurrency market can delight many traders this week. Members noticed a healthier trend on it, especially after the posts that sowed alarm, Jeff Dorman reports.

Arca put forward the message that while many stocks of cryptocurrencies and other technologies are rallying, bitcoin has suffered defeat. He sees the reason in the leverage. It is precisely this, according to him, that worsens the situation of price movement at a time, when something natural puts pressure on sales. 

Dorman informs that the correction was much needed and expected. Up to this point, the funding rate for perpetual swaps was at a 6-month-high. In other words, longs had to pay shorts about 25 bps a day to stay in their position. Because the funding rate must find application in motivating parties to participate and to maintain a balance.