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As Bitcoin plummets to lows that were almost unthinkable just a few months ago, some experts and enthusiasts are advising members of the crypto community to buy the coin now. Some opinions of such experts are valued more, others less. The advice from Martin Weiss and his agency WeissCryptocurrencyRatings tends to be quite insightful.
As we previously reported, Poloniex exchange's participation in the stablecoin wars is clear given the exchange's decision not to charge fees for using the USDC token on its platform. In November, USDC trading was carried out without any commissions. According to the exchange, the amount of unaccrued commissions amounted to more than $500,000.
There is still a possibility that the recovery phase will continue after the updated lows. Today, altcoin prices may try to reach target resistance levels.
In the village of Elizavetovka, Dnepropetrovsk region, the experiment with a cryptocurrency investment portfolio is successfully continuing. The village residents received the first dividends.
Investing in the financial markets can quickly become an emotional rollercoaster, and Bitcoin is no exception.
The continuation of the recovery phase is still a big question. But the probability of growth to the nearest resistance level still remains.
Stablecoins have an equal share of critics and enthusiasts. The former believe that these tokens contradict the very idea of cryptocurrencies, while the latter value their low volatility. Over the course of the year, stablecoins have become quite popular as they minimize the risks of investing in cryptocurrencies.
Recent research shows that Bitcoin transactions pose no or very little risk of being used in illegal transactions.
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