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The price of Bitcoin has been very stable lately. For more than two months, the digital currency has been around the $6,500 mark. According to analysts, price stability is usually accompanied by major changes. Could this mean that there will be another race before the New Year?
Venezuela is working hard to establish itself as the first country to launch a national cryptocurrency. The government has announced that cryptocurrency should mitigate the economic problems associated with traditional fiat currency and become a widely used means of payment in the country.
The upcoming hard fork of the BCH network influenced not only the increase in the price of Bitcoin Cash, but also stimulated an increase in the price of other altcoins. After a pullback and short-term consolidation, growth may continue.
The revival of the cryptocurrency market also affected trading pairs TRX/USD and ADA/USD. According to Justin Sun, the founder of the platform, on November 2, the number of TRX transactions amounted to 990 thousand, double that of Ethereum.
A video posted last week by cybersecurity specialist Lukas Stefanko revealed a malicious app hosted on the Google Play Store that steals users' login credentials for regular banking and cryptocurrency apps.
On November 15th, a hard fork could split the BCH network, and crypto companies have begun to weigh the pros and cons of this event. Part of the community supports the version of BCH promoted by the Bitcoin ABC development team, who split the Bitcoin blockchain and created Bitcoin Cash last August. The other part supports the network developed by nChain, associated with Craig Wright and the CoinGeek mining pool.
After yesterday's high, prices retreated slightly. Will growth continue?
We continue the series of publications about trading in order to understand in practice how much a novice investor can earn using only the forecasts published on our website. To understand how useful they are, we decided to conduct an experiment and simulate a situation in which a person who only knows about trading that he needs to “buy cheaper and sell more expensive” tries to earn additional income in his free time from work by investing part of his funds in cryptocurrency trading
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