What is the value of Bitcoin for
What is the value of Bitcoin for? According to Bitcoin, what is the value of Bitcoin for? According to BitInfoCharts.com, the total market value of the Cryptocurrency market has increased by more than $2 trillion in the past 30 days. With the price of Bitcoin rising by over 400%, trading activity has also reached a historic high; At present, the global digital currency transaction volume has reached around 1 billion US dollars; In addition, Coinmarketcap data shows that Bitcoin’s market share is increasing. Therefore, the price trend of BTC can be attributed to its “Scarcity” and its increasing importance as a means of payment
What is the value of Bitcoin
According to Cointelgraph, what is the value of Bitcoin (BTC)? According to the latest statistics, on January 13, 2019, a total of 5200 Cryptocurrency owners worldwide transferred about 73 million BTCs on the network. Although this does not mean that Bitcoin is the only virtual commodity or digital asset, to some extent, these Cryptocurrency represent a “new thing”, and new concepts can be used to describe its connotation and the reasons behind it: it is a decentralized, unchangeable and replaceable token.
This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/22413/
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Recommended articles
-
Divestment of $50-10 Billion in Long-Term Securities and Mortgages: First Republic Bank Exploring Options
According to reports, according to insiders, First Republic Bank of the United States is exploring the divestment of $50-10 billion in long-term securities and mortgages, as part o
-
Bitcoin Mining Company Bitarms Releases Strong Performance Reports for Q4 2021 and FY 2022
It is reported that Bitcoin mining company Bitarms released performance reports for the fourth quarter of last year and the full year of 2022.
Mining company Bitarms produced 5167 -
A US judge has ruled that the founder of MTI has paid over $3.4 billion in compensation and civil fines
On April 28th, the United States Commodity Futures Trading Commission (CFTC) issued a statement stating that Judge Lee Yeakel of the West District Court of Texas in the United Stat
-
Voyager Digital Agrees to Retain $445 Million After Legal Battle with Alameda Research
It is reported that according to a new court document, the encryption lending platform Voyager Digital agreed to retain $445 million after being sued by Alamed…
-
ARB Token: Network Congestion Causes Website Outage
According to reports, after Arbitrum announced the open air drop application for Token ARB, the website of the Arbitrum Foundation and the block browser ArbiScan were down due to n
-
What is UBT Currency (Latest Price of UBTC Coin)
UBT Currency According to official sources, UBT is an ERC20 token developed on t
-
ECB’s Wen Shi: Asset Purchase Program to End, Interest Rate Hike in May
On April 14th, it was reported that the European Central Bank\’s regulatory committee, Wen Shi, stated that the European Central Bank can completely stop reinvesting its asset purch
-
Gnosis Chain co-founder suggests reducing external dependence through GNO discussion
It is reported that Martin K ö ppelmann, the co-founder of Gnosis Chain, put forward the discussion of GNO in Gnosis Chain at the Gnosis Governance Forum, aimi…
-
Ethereum Layer2’s Total Lock in Volume Exceeds $10 Billion: An Overview of Arbitrum and Optimism
According to reports, according to L2BEAT data, the total lock in volume (TVL) of Ethereum Layer2 has exceeded $10 billion for the first time, currently around $10.29 billion, sett
-
Sushi Swap Launches Decentralized Incubator, Sushi Studios
It is reported that Sushi Swap announced the launch of the decentralized incubator Sushi Studios. After the launch, the external product team can use the Sushi…
-
Distribution of Digital Currency by Thai Prime Minister Contender for Local Economic Stimulus: A Step Towards a Cashless Economy?
According to reports, real estate tycoon and Thai Prime Minister contender Srettha Thavisin has promised to distribute 10000 Thai baht (approximately $300) of digital currency to c
-
NEAR Wallet Infrastructure Update: What You Need To Know
On April 20th, NEAR announced an important update for wallet users and developers, announcing that necessary maintenance of the NEAR wallet infrastructure will be carried out from
-
Huobi Acquires Key Departments of Poloniex
On March 9, according to the Huobi staff letter disclosed by insiders, many departments of the cryptocurrency trading platform Poloniex will be integrated into…
-
Fantom Reaches 50 Million Unique Addresses while Daily Active Users Decline
On April 8th, it was announced that Fantom has recently reached a new milestone with over 50 million unique addresses on the network. However, Token Terminal data shows that the nu
-
Camelot’s Launchpad Project, Arbitrove, Raises Over 5000 ETH
According to the official website data, the public offering amount of Arbitrove, the first Launchpad project of Arbitrum Ecological DEX Camelot, has now exceed…
-
SHIB coins on the move: Gemini and Crypto.com to receive 182 billion SHIBs
According to the report, the data quoted by Lookonchain, an analysis company, showed that more than 182 billion SHIBs with addresses beginning with (0xd6) will…