What Makes Bitcoin Exchanges Tick?
Exchanges play a central role in the bitcoin ecosystem. In addition to facilitating trade, they set exchange rates between bitcoin and fiat currencies such as the US dollar or the euro. Rates can vary widely from exchange to exchange (which is where the arbitrageurs come in) and from minute to minute (where the other traders enter). By now, long-time bitcoin traders are well acclimatised to this volatile landscape. Take, for example, the wild price swings at the middle of this month. From a high of $596.00 on 8th August, the price tumbled 15% to a low of $503.96 just six days later. But....
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Bitcoin is in a bull market and anyone who understands the cryptocurrency’s potential knows that much higher prices are ahead in the short- and long-term. But how high would prices actually reach if the cryptocurrency’s price action mimicked the epic 2017 rally, tick for tick? An analyst at Ark Invest has come up with a […]
Litecoin was recently verified by Twitter with a blue tick badge on their account. They also posted a tweet to celebrate the occasion. Thanks @Twitter for #bluetick goes nice with our style. #SundayFunday pic.twitter.com/sB4lalT0oL — Litecoin (@litecoin) June 13, 2021 This is the latest show of confidence for cryptocurrencies like LTC being accepted in the […]
Bitcoin continues to confidently make its way to mass adoption. The replication of traditional financial system elements was always an unavoidable attribute of this process; and finally, it came to debit cards. Someone thinks that entering debit cards makes intuitive sense in terms of making Bitcoin spending mainstream; someone thinks of it as of temporary solution in a way to something more. We’ve explored, what makes this market tick and how will it develop in the near future. Small, yet impactful. Bitcoin debit card market is quite new, and there’s not really much to tell about its....
Banks can tick a box and start trading with us, said CEO Rupertus Rothenhaeuser.
Nowadays, decentralized exchanges are a part of exchanges that allow peer-to-peer transactions without any third party. Importantly, you can perform transactions safely online without any issues. DEX advocates that what makes decentralized exchanges attractive is their security. However, centralized exchanges come with several issues, including exposure to hackers, prohibiting or limiting your ability to trade […]