Cryptocurrencies

Cryptocurrencies

Who is Caroline Ellison? a key piece in the bankruptcy of FTX

Caroline Ellison is the CEO of Alameda Research, a trading company created by Sam Bankman-Fried and working alongside FTX. According to the investigation that is being carried out, it was Ellison who financed Alameda, using funds from FTX client accounts, in addition to which it has been revealed that Caroline Ellison and Bankman-Fried have a close relationship.

Cryptocurrencies

The best tax havens for cryptocurrencies

For a long time, Portugal has been the best destination for international crypto investors. Portugal previously granted flexible visa options as well as tax benefits for cryptocurrencies (0% tax on cryptocurrency earnings!)

Business

What is Coinbase and how does it work? The cryptocurrency exchange

Coinbase is a cryptocurrency exchange of American origin, one of the most famous in the world. The company is headquartered in San Francisco, California and offers currency and cryptocurrency trading in more than 30 nations, asset management, and digital asset storage for more than 120 countries.

Opinion

Who is Changpeng Zhao? Binance Founder Story

Changpeng Zhao is the founder of Binance, the world's largest cryptocurrency exchange. He became a true ins

For everyone who has some knowledge of cryptocurrencies, the volatility of the famous Bitcoin is more than obvious. Even so, it is common that not everyone is familiar with the subject, so if you are one of those people who is interested in investing in Bitcoin, but do not know the reason for such volatility, then you are in the right place. In this section we will briefly explain the reasons why Bitcoin has a volatile price fluctuation . Of course, keep in mind that the fate of Bitcoin is the same as that of many digital currencies that are in the market as a general rule, therefore, it is common to see that, if BTC goes down or up, the others do too. Why is Bitcoin so volatile? 1. The lack of regulation as one of its causes . There is a basic concept in the crypto world that talks about the decentralization of Bitcoin and the fact that it is a digital currency that is not regulated under any government entity; this means that there is no one who can regulate the value it has, nor can they do anything to control its falls or rises. So, this decentralization and lack of control is one of the main reasons why its price is so volatile . However, this little or no regulation is the main attraction for which investors see it as a very attractive electronic currency and, if regulations were to appear, this interest could decrease, therefore, it is a difficult factor to remedy. By the way, if you are looking to invest in cryptocurrencies or see the bitcoin price in real time , we recommend you visit KuCoin, a trusted Exchange platform where you can trade BTC or any other digital currency. Why-Bitcoin-is-So-Volatile-1 2. The magic of supply and demand makes BTC volatile . In case you don't know, Bitcoin was created with a cap supply , limited by an amount determined by its developers, this amount is 21 million tokens, but considering its popularity, its price is greatly influenced by the law of supply and demand. That is, by having a limited amount of tokens and receiving so much demand, its price begins to rise due to the scarcity of tokens . On the contrary, if for some reason big investors start selling their bitcoins and flood the market with them, then their price will start to decline. This volatility driven by supply and demand has its advantages and disadvantages. On the one hand, there is a very good chance that, out of nowhere, its price will drop precipitously, but it will also have an equal chance that its value will skyrocket, so, despite being one of the riskiest investments you can make, many people continue to see it as one of the most interesting market opportunities to invest their money. In any case, for many people this price volatility does not imply a real danger, especially if they already have experience in the area and know how to determine the behavior of cryptocurrencies . 3. It is a technology still in evolution . Bitcoin and cryptocurrency technology are still considered a very young investment platform, since it has barely been launched for a decade , hence not everyone knows their concepts or has confidence in them, this prevents them from being maintained. stable in any situation. Such is the case of influential people in the world who, just by talking wonders or, on the contrary, criticizing these coins, make their price rise through the roof or plummet to the ground respectively. It takes a lot of time, trial and error processes for bitcoin to have a price that resists the onslaught of external factors. 4. World conflicts . This goes hand in hand with the law, with supply and demand and the actions taken by the whales or large investors, since each time the world or global economic outlook is affected by some circumstantial event such as the covid-19 pandemic , crises such as that of containers or wars, sanctions and inflation in powerful countries, make investors alert. So, realizing this, they decide that it is better to move their capital to safer and less volatile investments. Hence they sell their bitcoins, saturate the market and cause its price to decrease. On the contrary, if everything begins to stabilize, they seek to return to these high-risk investments, they buy bitcoin and as demand increases, the value of the currency rises.

Cryptocurrencies

Why is Bitcoin so volatile? 4 fundamental reasons

There is a basic concept in the crypto world that talks about the decentralization of Bitcoin and the fact that it is a digital currency that is not regulated by any government entity; this means that there is no one who can regulate the value it has, nor can they do anything to control its falls or rises.

How to Invest in the Metaverse

A Metaverse is an environment where humans interact socially and economically as avatars in a digital space, acting as a simulation of the real world, but without their.

Cryptocurrencies

How To Invest in Cryptocurrencies?

Investing in cryptocurrencies has become one of the most popular financial strategies in recent years. The reason for this is the incredible profitability and growth that this new sector has experienced, offering the opportunity to generate income completely online.

Cryptocurrencies

5 Benefits of cryptocurrencies: How to take advantage of them?

Since its inception in 2009, cryptocurrencies have been growing, both in price and popularity, around the world. It is this boom that has made many people interested in cryptocurrencies.

Cryptocurrencies

Is Bitcoin a Financial Asset?

Many things has been written and said about Bitcoin and its popularity, however, some are not clear about its conceptualization, as well as that of other digital currencies.

Cryptocurrencies

Stablecoins: What are they and why are reliable

A stablecoin is a digital currency backed by a reserve asset, which can be fiat money (currency in circulation), precious metals (gold, silver or oil), or simply protected by an algorithm, with the intention of keeping its price stable.

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Who is Caroline Ellison? a key piece in the bankruptcy of FTX

The best tax havens for cryptocurrencies

What is Coinbase and how does it work? The cryptocurrency exchange

Who is Changpeng Zhao? Binance Founder Story

Why is Bitcoin so volatile? 4 fundamental reasons

How to Invest in the Metaverse

How To Invest in Cryptocurrencies?

5 Benefits of cryptocurrencies: How to take advantage of them?

Is Bitcoin a Financial Asset?

Stablecoins: What are they and why are reliable

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Why you should Invest in Ethereum this 2023

Why you should Invest in Bitcoin this 2023

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