Cryptocurrency
Blockchains and smart contracts enable autonomous machines to team with humans in healthcare, education, manufacturing, and defense. Those teams will require secure communications, mutual trust, transparent rules, and crypto-economic incentives to set and complete tasks, says Jan Liphardt, founder of OpenMind https://australiancasinolist.com/.
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Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day’s top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours. Trust Coinsurges as your go-to source for all news and updates in the industry.
Cryptocurrencies are digital or virtual currencies that use cryptographic methods to secure transactions and control the creation of new units. Unlike traditional fiat currencies, which are issued and regulated by central authorities such as governments or central banks, cryptocurrencies operate on decentralized networks. These networks often employ blockchain technology, a public ledger system that records all transactions transparently and immutably.
Bitcoin’s price saw a 3% uptick, climbing to just shy of $30,000 in response to a plunge in global long-dated government bond yields. This fall in yields was triggered by China’s far weaker than anticipated trade numbers for July. The U.S. 10-year Treasury yield tumbled below the 4% mark. These macroeconomic shifts have seemingly buoyed the crypto market, with other notable cryptocurrencies like Solana (SOL), Toncoin (TON), and Chainlink (LINK) registering gains of over 4% at the time of writing.
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eToro pioneered the concept of copy trading back in 2010. Since then, the platform has expanded to include various social features, with a Facebook-style newsfeed that lets you engage directly with other traders.
Unlike some other forms of cryptocurrency, Tether (USDT) is a stablecoin pegged to the value of US$1. This is achieved by having a 1-1 backing between the token and USD which hypothetically keeps a value equal to one of those denominations because one token should always be able to be redeemed for one dollar. In theory, this means Tether’s value is supposed to be more consistent than other cryptocurrencies, and it’s favoured by investors who are wary of the extreme volatility of other coins.
“While most of the public focus has been on cryptocurrency—the government sees extraordinary opportunity for innovation in the underlying technology to create new products and solve real world problems,” he said.
eToro pioneered the concept of copy trading back in 2010. Since then, the platform has expanded to include various social features, with a Facebook-style newsfeed that lets you engage directly with other traders.
Unlike some other forms of cryptocurrency, Tether (USDT) is a stablecoin pegged to the value of US$1. This is achieved by having a 1-1 backing between the token and USD which hypothetically keeps a value equal to one of those denominations because one token should always be able to be redeemed for one dollar. In theory, this means Tether’s value is supposed to be more consistent than other cryptocurrencies, and it’s favoured by investors who are wary of the extreme volatility of other coins.
Cryptocurrency market
Another potential factor contributing to the market’s downturn is concerns regarding Google’s newly unveiled Willow quantum computing chip. This powerful chip is believed to be capable of solving certain computations in under five minutes—something that would usually take more than the universe’s entire age. There are fears that such advancements in quantum computing could potentially break the cryptographic security of Bitcoin (BTC) and other cryptocurrencies, leading to panic among investors.
While the cryptocurrency market is experiencing significant turbulence right now, the outlook for the near future is cautiously optimistic. The current dip may simply be a temporary correction following a period of rapid growth. Bitcoin’s potential for further gains and the overall strengthening of the crypto regulatory environment in the U.S. could signal a favorable recovery.
Each of our coin data pages has a graph that shows both the current and historic price information for the coin or token. Normally, the graph starts at the launch of the asset, but it is possible to select specific to and from dates to customize the chart to your own needs. These charts and their information are free to visitors of our website. The most experienced and professional traders often choose to use the best crypto API on the market. Our API enables millions of calls to track current prices and to also investigate historic prices and is used by some of the largest crypto exchanges and financial institutions in the world. CoinMarketCap also provides data about the most successful traders for you to monitor. We also provide data about the latest trending cryptos and trending DEX pairs.
Another potential factor contributing to the market’s downturn is concerns regarding Google’s newly unveiled Willow quantum computing chip. This powerful chip is believed to be capable of solving certain computations in under five minutes—something that would usually take more than the universe’s entire age. There are fears that such advancements in quantum computing could potentially break the cryptographic security of Bitcoin (BTC) and other cryptocurrencies, leading to panic among investors.
While the cryptocurrency market is experiencing significant turbulence right now, the outlook for the near future is cautiously optimistic. The current dip may simply be a temporary correction following a period of rapid growth. Bitcoin’s potential for further gains and the overall strengthening of the crypto regulatory environment in the U.S. could signal a favorable recovery.
Each of our coin data pages has a graph that shows both the current and historic price information for the coin or token. Normally, the graph starts at the launch of the asset, but it is possible to select specific to and from dates to customize the chart to your own needs. These charts and their information are free to visitors of our website. The most experienced and professional traders often choose to use the best crypto API on the market. Our API enables millions of calls to track current prices and to also investigate historic prices and is used by some of the largest crypto exchanges and financial institutions in the world. CoinMarketCap also provides data about the most successful traders for you to monitor. We also provide data about the latest trending cryptos and trending DEX pairs.
