In this video, Axel discusses the latest developments in the cryptocurrency market. It does this using reporting and technical analysis. This way you will be up to date with the latest major crypto-related events within minutes. It’s time to take a look at the latest news.
In the video above, Axel informs you within a few minutes about all kinds of news and developments in the cryptocurrency market. This time he will talk about Bitcoin hashrate. You’ve probably seen this term before, but what does it mean?
In addition, Axel will speak about the spread of bitcoins. More and more coins are coming into the hands of the regular investor.
More bitcoin in the hands of “you and me”
According to Glassnode, 17% of all bitcoins are owned by ordinary people, or what they call retailers. This share has never been as high as it is now. Will Clemente, a young analyst, tells us more about this.
This is an interesting trend, in the world of the dollar and the euro the rich get richer, but with bitcoin you see that wealth is better distributed. It’s not perfect yet, says Clemente, but the trend is moving in the right direction.
The price of Bitcoin is nothing special, but confidence in our (central) banks and the euro is no longer so stable due to inflation. The government is also working hard to keep the energy bill manageable.
always stay informed
Curious about the rest of today’s crypto news? Then quickly click the play button on the video above!
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Source: Btc Direct
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Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.