Econical
@econical
Discover what's moving the markets.
The latest hi-tech, cryptocurrency news, analysis and insight.
9 posts

The Wild West phase in the crypto sector is almost over.

Binance the largest cryptocurrency exchange in the world was warned that it cannot provide services in the United Kingdom without a license.

NFTs, explained!

Everything You Need to Know to Make it Through a Conversation About NFTs

The Only Guarantee Is Volatility

BTC dropped below $30,000, hitting its lowest level since January 28. This drop is due to both the Chinese mining companies moving out of China and increased regulatory pressure on the cryptocurrency industry. 

Mining Harms the Environment. How Significant Is It?

The resounding statements by Elon Musk and other market participants about the dangers mining presents for the environment were one of the reasons for the correction. Yet, how fair are these arguments?

Econical crypto glossary

Yes! We have made our own glossary. It will be updating. But you can always fly into our chat and throw a term at us so that we can add it here.

Bitcoin is officially recognized as a means of payment for the first time ever. What it means

For the first time ever, the main cryptocurrency will become a legal payment method along with the US dollar. Here is how this will affect digital assets and which countries may soon follow the example of El Salvador.

When Bitcoin Will Switch Back to an Upturn Trend

According to research by Santiment analytical service, the largest holders of the main cryptocurrency continue to accumulate digital coins.

"Digital shell". Why NFTs Will Not Protect Against Cryptocurrency Market Crashes

The drop of Bitcoin to $30,000 had almost no effect on the non-fungible token market. Yet, this does not mean that NFT can be used as a protective tool in the development of an investment portfolio.

“Cross of Death” or Why The Bitcoin Price Could Fall to $18,000

An indicator that may signal an imminent deeper decline in the market has appeared on the cryptocurrency rate chart.Currently, the chart of the Bitcoin rate is potentially developing a "cross of death" pattern, which may indicate an imminent onset of selling off or an intensification of a downtrend. We assume that this pattern may fully form roughly between the end of July and the beginning of September of the current year.