Warren Buffett, a prominent major global investor, often says that bitcoin has no value because the coin does not produce anything. He has long criticized the first-ever crypto, calling it a “mirage” rather than a means of payment. Nevertheless, Bitcoin and other digital assets are growing, meaning that the significance of cryptocurrency is impossible to deny.
Continue reading “How cryptocurrency can be worthwhile without real collateral”
Despite the weak price dynamics in June, BTC was withdrawn from exchanges at the most impressive rate ever.
Continue reading “BTCUSD exchange rate forecast for July 11 — 17”
Friday, July 8th. As the week comes to an end, we can focus on the highlights of the crypto industry over the past few days.
Continue reading “Last Week’s Cryptocurrency News. Friday, July 8”
To celebrate Binance’s fifth anniversary, Binance will introduce zero-fee trading for BTC spot trading pairs at 2022-07-08 14:00 (UTC). The zero-fee trading will cover the following 13 spot trading pairs: BTC/AUD, BTC/BIDR, BTC/BRL, BTC/BUSD, BTC/EUR, BTC/GBP, BTC/RUB, BTC/TRY, BTC/TUSD, BTC/UAH, BTC/USDC, BTC/USDP and BTC/USDT.
Continue reading “Binance Launches Zero-Fee Bitcoin Trading”
The metaverse is undergoing rapid development and is turning into a place where you can look for work and raise money. There will soon be plenty of potential positions in it. The new challenges are out there every day already, and only experts can solve them. Let’s take a look at the core vocations of the future, from objects creation to cybersecurity assurance.
Continue reading “What occupations will there be in the metaverse?”
“What about this Pairs trade?” is a new format of introductory articles created by RevenueBot. Every week we will be providing you with updates on a new trading pair that has reached the top, according to the transactions completed through the platform. In addition to providing information about the token, we will also check the trading pair in a bot simulation and see how much of a profit the trader could have made on it, over a period covering the past 60 days.
Long-Term-Holder Spent Output Profit Ratio (LTH-SOPR) is entering the “in profit” zone, where the value is less than 1, suggesting that more coins are being sold by LTH. As you can see on the chart, BTC can stick in this zone anywhere from 6 to 12 months before it goes into an uptrend, followed by the hike of the BTC price. It is historically between 0.5 and 0.6 indicating a bottom, and though we have not yet reached it, we are getting very close to it.
Continue reading “BTCUSD exchange rate forecast for July 4 — 10”
Numerous cryptocurrencies and tokens appear every day. Some of them are of a practical nature, which means they perform some sort of function. Others, on the contrary, have a purely entertainment purpose and may be in demand only due to the strong buzz around the project. RevenueBot has highlighted a few coins to watch out for.
Continue reading “Promising coins #12 – a RevenueBot Editor’s Pick”
Marriage celebrations have been taking place in the metaverse for quite some time. Numerous multiplayer games introduce such things for gameplay diversity. These kinds of weddings are held mostly for in-game entertainment rather than to showcase the couple’s earnest relationship. For this reason, most people do not take virtual marriages seriously.
BTC suffered one of the harshest deviations below the 200-day trend in history. At the moment, the Meyer ratio is 0.478, which means that the BTC price is trading at 52.2% compared to the 200-day moving average.
Continue reading “BTCUSD exchange rate forecast for June 27 – July 03”