FED FOMC DAY!!! Our Bitcoin Prediction! – Coffee N Crypto LIVE

FED FOMC DAY!!! Our Bitcoin Prediction! - Coffee N Crypto LIVE

To double stack or triple stack that is the question. Will Jerome Powel make the decisions to maintain global stability, or will Bitcoin have to come to the rescue once and for all as the hedge against not only inflation but as a shelter against the eminent resignation of the global financial system?




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Cryptocurrency is a digital currency that operates on a decentralized network. Its code is open source, making it a censorship-resistant currency that can be used anywhere in the world. Different factions can control a crypto, but the original chain remains the same. Each new chain begins with a copy of the previous coin and changes the code. The blockchain is distributed to avoid censorship and ensures maximum security. Cryptocurrencies are also widely accepted by governments and businesses.

Although the value of cryptocurrencies has gone up and down in the past few months, the value of these assets has recently dropped. The Federal Reserve has recently signaled that it will begin shrinking its $9 trillion asset portfolio, but this has caused markets to suffer from increased macro uncertainty. This has lowered the prices of risk-on assets, including crypto. However, this volatility has not deterred some countries from embracing crypto, including the Ukraine. Last month, Ukraine legalized digital assets.

The most famous cryptocurrency is Bitcoin, which debuted in 2009. Satoshi Nakamoto, the mysterious creator of the Bitcoin network, has continued to make strides in developing and advancing the field of cryptocurrencies. Another cryptocurrency that is gaining widespread adoption is Ethereum, which uses the ether currency to carry out various functions. Ethereum also has a smart contract aspect. Ethereum, like Bitcoin, is a decentralized platform with a large user base.

Ripple and Ethereum are two examples of cryptocurrencies that are undergoing a bearish trend. Ripple, which uses a trustless mechanism, has been on a downward trend for the last few months, but it has found a support level at $94 and has closed its last daily candle in the green. If the bulls can hold their ground, Solana could turn the narrative and aim for $110 as key resistance. If the bulls can hold on to their bullish stance, ADA could rally to $1, which is another key level to target.

During the first few weeks of 2019, the popularity of popular cryptocurrencies like Bitcoin and Ether has begun to rise. While Bitcoin is down by about 16 per cent this week, many other popular cryptocurrencies have had a tough start to the month. Bitcoin’s LUNA coin, for example, is down more than 28 per cent since it peaked at $47K in March. Solana, another popular cryptocurrency, is up by 22% on Monday.

In December 2018, Apple founder Steve Wozniak launched a cryptocurrency called MobileCoin. This ‘green’ cryptocurrency allows users to make a payment on their phones using their mobiles. It is carbon-negative, private, and fast, making it a popular choice for mobile payments. It also has the added benefit of making money while contributing to energy-efficient projects. This blockchain makes the entire process simple and accessible. It is expected to increase overall investment in energy efficiency.

Other cryptocurrencies that use blockchain technology include Tether and Solana. Tether is a blockchain-enabled platform that allows users to transact in traditional currencies, minimizing the complexity and volatility associated with digital currencies. Monero, for example, focuses on decentralization. By using cryptographic signatures, it allows users to enjoy complete privacy. Solana is another decentralized blockchain, which was designed with apps in mind. Further, it offers a variety of security options, despite its lack of a central authority.

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