Bitcoin is the first successful internet money based on peer-to-peer technology; whereby no central bank or authority is involved in the transaction and production of the Bitcoin currency. It was created by an anonymous individual/group under the name, Satoshi Nakamoto. The source code is available publicly as an open source project, anybody can look at it and be part of the developmental process.
While Bitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions. still hovering around USD $50,000 this December 9, currencies such as NEAR, CELO y XRP are the main winners of the day.
Bitcoin below USD $50,000 this December 9th
As usual, we open our price report for this December 9th by reviewing the evolution seen in the price ofBitcoin ( BTC ), since in the morning hours its price is going down and is located at about USD $ 49.283 per unit, maintaining similar values to those seen yesterday at this same time.
According to data published in our section none , it can be seen that the beginnings of the fall date back to last night, since from 11:00 pm (New York time) after being quoted at about USD $50.687 per unit, its price began to fall progressively, registering values quite close refers to the closing price; similar to the same term used in stock trading. to USD $49.000 a few minutes ago.
Hash a hash is the output result of a hashing algorithm, which creates a unique, fixed-length string to encrypt and secure a certain selection of arbitrary data. goes up but the price doesn’t
The uncertainty regarding the price of Bitcoin contrasts with what has been the evolution of the Hash levels present on the network, as while the price of the digital digital technologies are these electronic tools that have the ability to generate, store or even process data. currency currency is a medium of exchange that defines value. seems unstable, mining a process where blocks are added to a blockchain, verifying transactions. It is also the process through which new bitcoin or some altcoins are created. activities seem to be gaining more momentum in recent times.
According to data fromBlockchain.com,for yesterday’s rate of hash de Bitcoin has risen to 170terahashes per second (TH/s) after falling below 100 TH/s just six months ago. This indicates a significant rebound in mining activities around the world, which are recovering from the downturn following the Chinese government’s announcements in May this year.
Although this is a very good indicator, critics and analysts still expect this to have a positive impact on the price of Bitcoin later on. However, let’s take into account an account is essentially a whose purpose is to track the financial activities of a specific asset/ that the drop in prices would be mainly associated with a set of events that coincide at the moment, among which is mainly the liquidation liquidation refers to the conversion of an asset or cryptocurrency for fiat or its equivalents. of a large number of trading positions that ended up creating an imbalance between supply and demand that existed a few weeks ago.
The five best performing currencies this December 9
WhileBitcoin still remains below $50,000 this December 9, most of the major altcoins are capitalizing on slight gains gains refer to an increase in value or profit. at this time of the morning. However, there are a number of cases that stand out positively by the time of editing, which capitalize on the steepest gains of the day.
- First we have NEAR , token, which is posting gains of close to 20% at this hour, trading at around USD $9.32 per unit.
- Le sigue GALA which is trading at USD $0.54 at this hour, capitalizing on gains of 19.4% in the last 24 hours.
- Below areCELOyWEMIXboth increasing by 14.7% at this time.
- And finally we have the already knownXRPwhich is approaching $1 per unit after rising 12% from yesterday.
Winners and Losers for this December 9
Finally, below we review which digital currencies had the steepest fluctuations for this December 9:
???? Winning Cryptocurrencies: none NEAR Protocol the set of rules that define interactions on a network, usually involving consensus, transaction validation, and network participation on a blockchain. 19,78% (USD $9,32) none Gala 19,64% (USD $0,54) none Celo 14,72% (USD $4,04) none WEMIX 14,72% (USD $11,32) none XRP 12,87% (USD $0,91)
— Diario฿itcoin (@DiarioBitcoin) December 9, 2021
— Diario฿itcoin (@DiarioBitcoin) December 9, 2021
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