Category: Crypto News
EDUCATION – SHARED VALUE
Introduction Blockchain technology is promising a greater and more state-of-the-art future with its transformational objectives covering a wide range of industries. Education is one of the most important sectors in the world which need to be revolutionized with blockchain technology. More than 36 million adults in America do not have basic Education covering basic writing, reading, and math skills, which a person must have to live a normal life. Most of the world lacks Education, but the world is being revolutionized by the Blockchain technology of which Deep Roots is a part. Deep Roots is an innovative platform focused on…
Bitcoin: From China to Elon Musk, The Factors that Fueled Crypto’s Volatility
Roller coaster already seems like a light term to describe Bitcoin moves. Over the course of these months, the world's most famous cryptoactive has had very strong moments, such as a drop of 31% on May followed by a rise of 33% just one month later. Compared to the historic high so far (US$ 63,300, reached on April 15), the drop to the week's low (on Wednesday, 19) was 45%. What explains this coming and going? First, it is important to remember that Bitcoin and cryptoactives in general are still at the beginning of their history. It is and will…
Investment Robots and Their Stop Loss
To make matters worse, Bitcoin is a very risky asset. Like most risky assets, it attracts traders who operate with leverage (enabling even higher gains, but taking much greater risks). This type of operation often has automatic sale mechanisms when the asset reaches a certain price (the so-called Stop Loss). This creates a ripple effect: prices, which were already falling sharply, begin to be further pressured downwards with a flurry of automatic sell orders. Was it already for Bitcoin? Unlikely. And the upward movements that followed the sharp drop corroborate this. Cathie Wood, founder and CEO of Ark Investment Management…