In China's Hunan province, geologists have discovered an extraordinarily large gold deposit containing more than 1 000 tonnes of the precious metal. The discovery could have a major impact on the global gold market, as estimates suggest that the value of these reserves exceeds USD 87 billion. The discovery, reported by the Chinese media and conf...
Bitcoin has become a symbol of extreme volatility and profitability in recent years. Its value often resembles a wild roller coaster ride, soaring one day and plummeting just as quickly the next. In the long term, however, bitcoin remains one of the most profitable investments, used by many investors as a key tool to secure their wealth in the d...
US politicians are now overreaching on the issue of bitcoin in strategic reserves. Bitcoin mining reached new records, ether ETFs had their first week and USDT issuer reports record profits. We bring you another weekly roundup in cryptocurrencies. At the Bitcoin 2024 conference in Nashville, Donald Trump gave a long-awaited speech that lived ...
In the last two months, the unwanted visitor Qbot, which has been causing security experts a lot of concern for the last year, has reappeared. According to cybersecurity company Check Point, it is now one of the most widespread malicious codes in the Czech Republic, targeting computers running the Windows operating system. Qbot, which first a...
In 2021, El Salvador became the first country in the world to adopt bitcoin as an official currency. The move brought the Central American country not only profits and international attention, but also criticism. However, the main expected benefits are still missing - investors are still shunning El Salvador and locals continue to rely on the US...
In recent days, we have witnessed turbulence in the cryptocurrency market, especially when it comes to Bitcoin. Its value has been plummeting to the $62,000 level, a significant drop of more than 10 percent in a single week. This fall is in response to the recent decline in US stock indices, which have fallen by units of percent. This developmen...
Cryptocurrencies are often seen as store of value, especially Bitcoin, which is designed as an asset with growth potential. Yet there is a risk of financial loss. The growing interest in cryptocurrencies, particularly Bitcoin, is partly due to the authorization of bitcoin spot ETFs in the US. This event has far-reaching implications for the cryp...
Bitcoin experienced another decline earlier this week, but from a technical standpoint, a sideways consolidation is still underway and will likely last for a few more days. The consolidation is not a negative thing; on the contrary, it is setting the market up for a continuation of the current trend and creating a market equilibrium, which may l...
There is only a short time left until the event that will make waves in the cryptocurrency universe - the halving of bitcoin. What does that mean? Simply put, from a certain date, the reward for bitcoin miners for their work will be halved. It's a sort of ritual that takes place every four years and the expectations around it are huge. It is ...
