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top-crypto-news Avalanche

Bitcoin price stays above USD $44,000 and Avalanche rises more than 6% on Feb. 16

Alex Coin
February 17, 2022
Reading Time: 4 mins read
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agua Bitcoin Unsplash
What is Bitcoin?

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.

What is Avalanche?

Avalanche is a high throughput smart contract blockchain platform. Validators secure the network through a proof-of-stake consensus protocol. It is said to be fast, low cost, and environmental friendly.

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. and the main altcoins remain partially stable this February 16, highlights the increase seen with the token a digital unit designed with utility in mind, providing access and use of a larger crypto economic system. AVAX of Avalanche in light of the boom seen in its sector. DeFi.

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***

Bitcoin remains above USD $44,000 this February 16

We open our customary price report for the morning of February 16th by reviewing the evolution of Bitcoin ( BTC ), the main currency currency is a medium of exchange that defines value. in this market, which is currently trading at around USD $44.032 per unit, maintaining prices very similar to those seen in the last 24 hours.

This can be seen in the data published in our section CryptoMarkets where it can be seen how the quotation of Bitcoin has remained above USD $44.000 throughout most of the day, with the price rising above USD $44.600 per unit for a few brief moments shortly after 4:00pm (New York time), amid a slight rebound in trading across the major exchanges.

Bitcoin price evolution this February 16
Bitcoin price evolution this February 16

Avalanche highlights on the morning of this February 16

A particularly noteworthy case for the morning of this February 16 is that of AVAX , native token of the Avalanche, which posted gains gains refer to an increase in value or profit. of more than 6% at this hour, trading at USD $94.2 per unit at the time of publication.

While an increase of these proportions would normally be unremarkable, it comes at a time when the major altcoins are holding prices partially similar to those seen yesterday, being Avalanche one of the currencies posting the steepest gains for this February 16.

In this regard, several reports highlight that this increase is supported by the growth of the sector. DeFi a movement encouraging alternatives to traditional, centralized forms of financial services. that makes life within its network. Here we highlight platforms such as Aave, Trader Joe y Benqi which have increased their TLV by 4.3%, 6.5% and 4.5% respectively over the last 24 hours.

Winning and Losing Cryptocurrencies this February 16

Por último, a continuación repasamos los casos de las monedas con las fluctuaciones más pronunciadas para este 16 de febrero:

???? Winning Cryptocurrencies:$NEO Neo +11,6% (USD $25,07)$TFUEL Theta Fuel +7.14% (USD $0.23)$MANA Decentraland +6,46% (USD $3,25)$AVAX Avalanche +6.12% (USD $93.81)$ALGO Algorand +4,96% (USD $0,99) https://t.co/HsIx58BGZC

— Diario฿itcoin (@DiarioBitcoin)February 16, 2022

???? Losing Cryptocurrencies:$CBG Chainbing -12,77% (USD $36,17)$LEO UNUS SED LEO -6.04% (USD $5.79)$MINA Mina -5.07% (USD $2.64)$KDA Kadena -5.03% (USD $8.1)$ZEC Zcash -4,11% (USD $123,01) https://t.co/HsIx58BGZC

— Diario฿itcoin (@DiarioBitcoin)February 16, 2022

To buy cryptocurrencies through DiarioBitcoin

We understand that this is a complex and especially sensitive time in the cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. market, but if you are one of the people who see opportunities with the current prices, we remind you that our section CryptoMarkets buttons are now available for you to buy your favorite digital digital technologies are these electronic tools that have the ability to generate, store or even process data. currencies.

If you wish to purchase Bitcoin ( BTC ), prefer to buy Ethereum a decentralized open-source blockchain with smart contracts functionality. ( ETH ) or want to get someTether ( USDT ), all you have to do is access our website CryptoMarkets and click on the currency of interest. In addition to viewing its price, performance and other market an area or arena, online or offline, in which commercial dealings are conducted. data, you will also find a buy button that will take you to a exchange businesses that allow customers to trade cryptocurrencies for fiat money or other cryptocurrencies. reputable in which to do business.

Buy button to purchase cryptocurrencies
Buy button to purchase cryptocurrencies

We recommend everyone to be very attentive as this possibility will be added soon for a greater number of digital currencies.


Source: CryptoMarkets , CoinMarketCap

Reporte de Angel Di Matteo / DiarioBitcoin

Imagen de Unsplash

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Alex Coin

Cryptoinvestor. I follow the world of cryptocurrencies. Looking for the most relevant and significant news for you :)

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