The price of Bitcoin reached 102,000 dollars for the first time in history, marking a milestone for the cryptocurrency market after a year of significant growth, it reached the price level of 100,000 dollars on December 5, breaking a psychological level just weeks after hitting the milestone of 90,000 dollars on November 12, according to TradingView.
The victory of Republican Donald Trump in the United States presidential elections, the growing speculation about a strategic national reserve of Bitcoin, and the increase in corporate adoption of Bitcoin led by Michael Saylor of MicroStrategy have also contributed to the Bitcoin price rally.
The price of Bitcoin is likely to remain in a sideways state until early November, with no clear upward or downward trend. In the short term, the market seems to be waiting for an event that will give it a clear direction, and that event could be none other than the US presidential election on November 5. With the world's leading financial power choosing its next leader, investors are in wait-and-see mode, trying to anticipate how the new president's policies could impact not just bitcoin, but the entire global financial system.
Once again, the Middle East is in the spotlight of world attention. Last night and early this morning, Saturday, October 26, the State of Israel attacked military sites in Iran. According to information published by the press (since there are no official reports so far), two soldiers from that country lost their lives. There were no reports of major damage to oil or nuclear facilities (a matter of great concern due to the consequences it could have on the global economy).
Cryptocurrencies are an innovative digital asset that have seen monumental growth in recent times due to several contributing factors, including some governments giving them a chance as legal tender; however, they have also suffered setbacks that have called their viability into question, such as the most recent episode known as the "crypto winter." Its value: Despite this situation, more and more people have started to acquire cryptocurrencies to be able to invest in something "safe" and "reliable" both in the short and long term, despite the extreme levels of instability that it constantly suffers.
For those people who are just starting out, this article is important, it gives us a small introduction to what a cryptocurrency is. A cryptocurrency is defined as a digital currency built with cryptographic protocols that make transactions secure and difficult to counterfeit. Main feature of a cryptocurrency The most important feature of a cryptocurrency is that it is not controlled by any central authority: the decentralized nature of the blockchain theoretically makes cryptocurrencies immune to old forms of government control and interference. Cryptocurrencies make it easier to conduct any transaction, as transfers are simplified by using public and private keys for security and privacy purposes.
PikaBoss... a very promising coin, with incredible future returns
PikaBoss: A meme coin with incredible future returns
Projects like Dogecoin and Shiba Inu have spearheaded the current meme coin boom in the cryptocurrency market. Then comes PikaBoss, a new player that is quickly becoming a formidable rival. In the ever-changing cryptocurrency market, PikaBoss is proving its worth with approximately 3,200 holders and a massive and active meme community. Find out what sets PikaBoss apart from other meme coins and why it has so much potential in this post.
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