Free Cryptocurrency

2021-05-09 23:03:29 The new ATH for Ethereum is $ 3,949 and has a market share of 18.6%.

The last time Ether had such a big weight on the crypto market was in January 2018

When is it already $ 4,000? Открыть/Комментировать

2021-05-09 22:46:40 Central bank instability sparks crypto trading frenzy
It all started when Turkish President Recep Erdogan fired Naci Ağbal, the head of the country's central bank. When news about the incident broke out in mid-March, TL depreciated by 15% against the US dollar. Şahap Kavcıoğlu, who has been appointed as the fourth general manager of the Central Bank of Turkey, is expected to fulfill the president's requests to lower interest rates.

In March, inflation reached a six-month high of 16.2% and exceeded the 5% target. Unemployment is high at 13.4%, causing the economic turmoil to prolong. During this time, cryptocurrency trading has skyrocketed as investors hoped to avoid inflation.

According to blockchain analytics firm Chainalysis, trading volumes soared right after the former central bank governor was fired. Between the beginning of February and the end of March, the transaction volume reached 218 billion lira, exceeding the 7 billion lira in the same period of 2020.

As the Bitcoin price climbs to all-time highs, Turkey's interest is growing as the leading cryptocurrency has a limited supply and a reputation for reducing inflation. Özgür Güneri, CEO of the crypto money exchange BtcTurk, said:

Due to our history of high inflation, Turkish people love stable assets. Therefore, generation after generation, Turks have invested in gold, real estate and dollars.

Despite the increase in search for a safe haven in uncertain times, internet searches for cryptocurrency increased, while gold searches remained stable.

Analysts forecast the lira inflation to rise in April, while Goldman Sachs expects it to peak at 18%... Открыть/Комментировать

2021-05-09 22:46:19 Turkey's central bank to ban crypto payments until the end of April
KRİPTOS | 16.04.2021 04:00:44 GMT
The Turkish central bank has decided to ban crypto-related payments for goods and services until April 30.
The new regulation does not cover crypto transactions on exchanges or investing in the new asset class.
As the economic turmoil devastates Turkey, crypto trade continues to increase in the country.
Following the rapid rise in inflation in Turkey, the central bank bans the use of cryptocurrency payments.

Crypto-related payments will be banned
According to the central bank, the regulation will take effect on April 30, and cryptocurrencies cannot be used for payments, directly or indirectly.

The central bank has banned all services provided for the use of digital assets for payments. Furthermore, payment service providers will not be able to develop business models in which the new asset class will be directly or indirectly linked to the provision of payment services or the issuance of electronic money. According to the official newspaper:

Payment and electronic money institutions will not be able to mediate platforms that offer trading, custody, transfer or issuance services for crypto assets or fund transfers from these platforms.

Deposits of Bitcoin and other digital assets are not included in the new regulation, although the Turkish central bank will regulate services in payments related to cryptocurrencies. Although the key gray areas need further clarification, transactions made through crypto exchanges will not qualify as "payouts", indicating that they are still legal Открыть/Комментировать

2021-05-08 23:20:07 Results of the financial week:

Paradox: S&P 500 started the week with a correction, but then renewed its maximum, rising to 4,235 points, after bad news about the state of the US labor market. US Treasury Chief Janet Yellen and Fed officials hinted at the need to slow down inflation and noticed the threat of an overheated stock market. But the official position is still - we printed and we will print

The dollar index lost more than 1% over the week, thanks to the workers of the printing press. The indicator returned to the beginning of 2021, from this level of the American currency, many analysts promised a devaluation of 20%

The weak dollar allowed gold to break out of the downtrend and rise to $ 1,830. Our subscribers believe that now the rate can rise above $ 2,000. The ruble also won from the fall of the USD, its rate dropped below 74 Открыть/Комментировать

2021-05-08 23:14:18 Chainlink Founder: DeFi Market Could Swell to $1 Trillion Next Year
Sergey Nazarov is extremely optimistic about the future of DeFi.

Chainlink founder Sergey Nazarov thinks the DeFi ecosystem is poised for exponential growth.
Nearly $80 billion is already “locked up” in DeFi—in May of last year, the number was closer to $1 billion.

Sergey Nazarov, founder of the oracle network Chainlink, thinks the DeFi ecosystem could swell to $1 trillion next year.
Asked about his predictions for crypto during a panel at this year’s Ethereal Summit, Nazarov said that “the value locked in DeFi

will have another zero next to it in the next year. So if it's at $70 billion now, it gets to $700 billion. Maybe it gets to $1 trillion. And ignoring it will become impossible... Открыть/Комментировать

2021-05-08 17:41:30 Etoro - the marketplace has added Dogecoin payments to its financial system. More than 20 million users on the site
Will talk about Dogecoin Открыть/Комментировать

2021-05-08 16:14:36 Bitcoin $59095 Открыть/Комментировать

2021-05-08 16:14:14 Litecoin $345 Открыть/Комментировать

2021-05-08 16:13:57 Dogecoin $729 Открыть/Комментировать

2021-05-07 11:15:42 What could you earn this week. 5 main coins

The share of bitcoin on the crypto market is falling, while alternative cryptocurrencies continue to rise in price
The decline in the share of bitcoin on the crypto market to 43.7%, according to CoinGecko, indicates the so-called altcoin season, when alternative digital coins begin to grow more actively than bitcoin. Over the past week, a number of cryptocurrencies have shown high profitability, and some of them have risen in price several times.

Dogecoin
The digital coin, which was created in 2013 as a joke, has already reached a capitalization of $ 78.8 billion. Over the past seven days, Dogecoin has grown by 88%, and the growth in a month was 916%. At its peak, the altcoin price reached $ 0.69.

Altcoin entered the active growth phase in early April. Then Tesla CEO Elon Musk spoke about the coin. On April 1, he posted on Twitter a controversial message that his company SpaceX is planning to send Dogecoin to the moon in the literal sense. After this publication, the value of the digital coin increased by 20% in half an hour.

Ethereum Classic
Ethereum Classic is a hard fork of the Ethereum cryptocurrency that emerged in 2016 as a result of a community split. One part of the users believed that the blockchain should develop, and the developers needed to optimize and improve the existing functionality. Others wanted to use the original blockchain.

Over the past seven days, Ethereum Classic has risen in price by 201% and reached $ 105.2, an increase in the month of 558%. The digital coin is growing amid rising prices for Ethereum. The largest altcoin by capitalization on May 5 for the first time in history reached $ 3.5 thousand.

OKB
OKB is a utility token of the OKEx crypto exchange, created on the basis of the Ethereum blockchain. Holders of digital coins get access to special features of the site. The OKB token is used to calculate trading fees, allows you to participate in polls, as well as see verified merchants and become one of them.

Over the past week, the digital coin has risen in price by 110% and costs $ 36.5 at 15:00 Moscow time. The market capitalization of the token reached $ 9.7 billion. On May 3, OKB renewed its all-time high at around $ 44.

Bitcoin Cash
Bitcoin Cash emerged in 2017 as a result of the split of the main Bitcoin network. At the end of April, the growth phase began, thanks to which the altcoin rose to $ 1.45 thousand.

Over the past week, the digital coin has risen in price by 53%, growth over the month was 118%. It is noteworthy that at the beginning of 2021, the cost of Bitcoin Cash was $ 343.

Waves
Waves is a blockchain platform for crypto token issuance and crowdfunding campaigns. The platform allows you to create your own cryptocurrency and conduct an initial token offering (ICO).

Over the week, the cost of Waves increased by 92%, reaching $ 38. On May 4, the price of the digital coin renewed its maximum at around $ 43. Over the month, the token has risen in price by 185%. The rapid growth of altcoin began in April this year. Prior to that, he traded within $ 10,,, Открыть/Комментировать