The 12 episode series is set to release its first episodes on Youtube and tells the whole story of crypto and blockchain like it has never been told before.
Биткоин остаётся в границах треугольника regnum.ru - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from regnum.ru Daily Mail and Mail on Sunday newspapers.
Uncovering and explaining how our digital world is changing and changing us.
My first Covid-19 vaccine shot came with a dose of cryptocurrency advice. The guy administering my jab in the back room of a small clinic on Coney Island told me he was buying dogecoin, the canine-inspired meme coin whose price swings wildly in part because of Elon Musk’s tweets. He suggested I buy some, too.
We are in the age of investing by meme. Some people are tossing tons of money into a stock or a coin not because they believe there’s something significantly different about the underlying value of the asset but because it got popular on the internet, and they think it’s funny, cool, or just something to do. They buy into the hype generated on platforms like Reddit and TikTok and join in. Crypto is the epitome of all of this as well as all the disarray and confusion that entails.
News
Investment strategist Raoul Pal has identified that Bitcoin’s fortnightly relative-strength indicator, or RSI, recently fell to levels not seen since the “Black Thursday” crash of March 2020.
The Global Macro Investor and Real Vision Group CEO also noted Bitcoin’s weekly RSI has crashed to levels comparable to that of the corrections produced during “the first part of the 2017 bull run, before Bitcoin hit hyperspace.”
The observation was made after Bitcoin crashed roughly 15% over the weekend, with BTC dropping from $55,000 to find support near $47,250 on Sunday, according to TradingView.
Bitcoin is nearly as oversold as it was in March 2020. pic.twitter.com/ZYHESpW5HG Raoul Pal (@RaoulGMI) April 25, 2021
$1,957,483,335,553.
What Bitcoin did yesterday
$49,004.25 – down from $50,050.87 the day before.
The daily high yesterday was $50,506.02and the daily low was $47,159.49.
This time last year, the price of Bitcoin closed the day at $7,569.94. In 2019, it closed at $5,210.52.
Bitcoin market capitalisation
Bitcoin’s market capitalisation at time of writing is
$982.71 billion. To put that into context, the market cap of gold is $11.298 trillion and Alphabet (Google) is $1.541 trillion.
Bitcoin volume
The total spot trading volume reported by all exchanges over the last 24 hours was
$58,884,766,713. High volumes can indicate that a significant price movement has stronger support and is more likely to be sustained.