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Apple co-founder Steve Wozniak expects the price of bitcoin to reach $100,000. "I'm just really feeling it from all the interest," he explained. "There's such a high level of interest in cryptocurrencies." Steve Wozniak's Bitcoin Price Forecast Apple co-founder Steve Wozniak shared his thoughts on cryptocurrencies in a Wild Ride interview on the Steve-O podcast

The world of cryptocurrencies that challenge traditional investment vehicles continues to attract new investors. Some analysts believe that virtual currencies are the future of the cryptocurrency industry because they do not offer central guarantees. But will the price of bitcoin fall and will this change the way economists think? How much is the most traded bitcoin in dollars? Detailed information about what is happening in the financial markets is in the details of the news.…

A smart contract is an automatically executed contract where the terms of the agreement between the buyer and seller are written directly into lines of code. For example, the ethereum blockchain, which brought the technology into the spotlight, is a collection of code (its function) and data (its state) located at specific addresses on the blockchain. Known for adding features to the blockchain, here are some of the features of Ether. No licensing: anyone can…

A bill allowing the European Parliament to ban cryptocurrency mining using proof-of-work (PoW), including Bitcoin (BTC), has been reintroduced. According to the latest reports, the EU Parliament is set to vote on the bill on Monday. The bill had previously been strongly opposed by the cryptocurrency community and removed from the MiCA (Marketplace for Cryptocurrency Assets). Patrick Hansen, director of strategy and growth at Unstoppable Finance, released some important updates to the bill. Hansen noted…

According to analysts, 10% of the ethereum cryptocurrency is now in a frozen state of deposit contracts. About 10 billion ETH worth more than $26 billion have been temporarily removed from circulation. The second most important cryptocurrency passed this milestone 14 months after mining the ETH 2.0 Genesis block on December 1, 2020. After the network switches to PoS mining, the verifiers in the network will be able to receive a reward for the funds…

A candidate who insisted on more lenient rules for taxing cryptocurrencies won the South Korean presidential election. Can the country become a cryptocurrency hub? Conservative Party member Yoon Seok-yeol won the presidential election in South Korea. The East Asian country's new political leader is openly supporting cryptocurrencies. During his recent campaign, he promised to raise the lower limit of capital gains tax on profits from investments in digital assets. Will South Korea become a cryptocurrency…

Russians are heading to cryptocurrency platforms in the United Arab Emirates (UAE) to try to save their fortunes, demanding that cryptocurrency companies liquidate billions of dollars, according to Reuters. Similarly, some of them want to buy real estate in the UAE, while others want to convert their assets into legal tender and hide them. Related Reading | UAE to issue new regulatory framework for cryptocurrency firms soon, regulator says One exchange has confirmed that they…

Blockchain technology is a combination of about three different systems to create a compact structure that takes advantage of the strengths and weaknesses of all three systems. According to Simplilearn, these systems are "cryptocurrency keys, a peer-to-peer network containing a shared ledger – a computational means of storing the network's transactions and records" This combination brings flexibility and provides a way to create, share and store data. However, this combination is not perfect because most…

Former Goldman Sachs fund manager Raoul Pal has updated an important K-line chart comparing the adoption of cryptocurrencies to the adoption of the Internet. The K-line chart, shared via his Twitter account, attempts to represent the speed at which these technologies reach a certain number of users at the same time. Related Reading | Ether liquidation hits $50 million as price drops to $2,500 Internet K-line charts began in 1992, while cryptocurrencies began in 2016,…

As prices in the cryptocurrency market continued to consolidate today, Ether (ETH) traded close to the $2,550 support level again on Saturday. After the gains recorded on Tuesday, uncertainty over market prices led to sideways consolidation in the cryptocurrency markets in general, and BTC and ETH in particular. Bitcoin (BTC) Technical Analysis Bitcoin (BTC) is the most valuable cryptocurrency, trading below $40,000 at the start of the weekend. At the time of the news, BTC…