Published in Chainexplained·PinnedWhy Am I Using Medium?Servus, my name is Lukas. I am from Austria and have been dealing with the topic of Bitcoin, Blockchain, and co daily for over 6 years. On Medium and Youtube, I combine knowledge from business and technology, paired with the most diverse, philosophical approaches about the world of cryptocurrencies. …Bitcoin3 min read
Published in Coinmonks·16 hours agoCrypto Is Dead — Success Strategies In A Bear MarketBear markets usually occur every 2–3 years in the crypto market. However, they always manage to catch traders and investors off guard. Learn more about bear markets and how to prepare for a market downturn. In the past, we saw several Bitcoin cycles that contained bull and bear markets. These…Cryptocurrency7 min read
Published in The Crypto Paper·3 days agoOvercoming A Bear Market With VIPs Like Ronaldo?Soccer legend Christiano Ronaldo releases NFTs on Binance Cryptocurrency exchange Binance proudly announces an exclusive partnership with soccer superstar Cristiano Ronaldo. Blockchain technology and NFTs can be used to connect Ronaldo with his fans, according to a press release from the well-known cryptocurrency exchange. Soccer legend Christiano Ronaldo and the…Cryptocurrency3 min read
Published in The Crypto Paper·4 days agoWhy Am I Bearish On Cardano?The Cardano development team will delay the release of the latest software update, Vasil, as they work to fix several bugs uncovered during recent testing. “Vasil” is intended to significantly improve the performance of the Cardano network. To this end, the developers are relying on various scaling solutions, which are…Cardano5 min read
Published in The Crypto Paper·5 days agoWhat is the current situation of KYC obligation for crypto wallets?The obligation for crypto companies to collect all personal data from users of self-managed crypto wallets and forward it to the UK Treasury will be lifted. This is according to the June report of the Ministry of Finance. A corresponding bill will be implemented before September 2022, subject to parliamentary…Wallet5 min read
Published in Coinmonks·Jun 20Leverage — A Bearmarket Vicious Cycle, But Why?Bitcoin and Ethereum reach historic negative levels. Both top cryptocurrencies failed to maintain their support levels and slumped further. BTC dropped below $20,000 and ETH below $1,000. Selloff on Friday The crypto market started the weekend with a selloff on Friday as investors dumped their holdings in response to new lows in Ethereum…Bitcoin9 min read
Published in The Crypto Paper·Jun 18Bitcoin Below $20,000 — What Could Happen Next?Bitcoin has fallen almost 30% in the last week. Some experts believe that BTC can crash further. What awaits the number 1 cryptocurrency now? Bitcoin below $20,000 — and then what? As a bearish sentiment floods the financial markets, experts are commenting on whether Bitcoin will fall below $20,000. And what could happen if that occurs. Bitcoin…Bitcoin6 min read
Published in The Crypto Paper·Jun 17NFT's — Hype? or Longterm Investment?Whether it's Pokémon trading cards or cards of famous athletes — if you're not into the subject, you often wonder why people spend vast amounts of money on such things. Many people are similarly confused by the hype surrounding NFTs. Yet the digital, as well as the analog, passion for…Nft6 min read
Published in The Crypto Paper·Jun 16Who Wants To Go Next? The Bears Remain Hungry!In the last few days, rumors of liquidation in the cryptocurrency market flooded social media. Ethereum plummeted, falling more than 30% on a day that saw massive drops across the industry. In the middle of it all Three Arrow Capital. Rumors of liquidation Three Arrows Capital may be forced to liquidate its holdings…Bitcoin5 min read
Published in The Crypto Paper·Jun 15Bitcoin Forecast: What’s next?The price of Bitcoin (BTC) is approaching the critical support at $20,000 as investors await a massive 0.75% interest rate hike from the Federal Reserve. BTC is trading at $21,500, well below the all-time high of over $68,000. Prices of other coins such as Monero, Near Protocol, and Cardano have…Bitcoin3 min read