News about Bitcoin

by COINS NEWS - 2 years ago

The price of bitcoin is essentially flat from 1 year ago ($42k). And yet, the fear and greed indicator is almost EXACTLY the opposite. From 10 (extreme fear max) a day ago, compared to 90 (extreme greed max) 1 year ago.

If a random person with no knowledge of cryptocurrency saw this they would think that the markets are crazy. It is completely normal for an asset class to have a year where it has little price action. This is actually healthy. Now consider and contra...

by COINS NEWS - 2 years ago

The blockchain being used in El Salvador to allow Bitcoin transactions is not Bitcoin or Lightning network, it's ALGORAND! Here is the evidence why I think Algorand will run all of the crypto infrastructure in Central America and South America.

I know it's confusing! It's taken me awhile to piece it together as they haven't been very transparent about what technology is really being used. But it looks like Algorand is doing all the heavy lifting behind the scene's to allow p...