Hi guys! Today Update on Cryptocurrencies
🔹Bitcoin rate fell to an annual minimum. During the day, the first cryptocurrency lost dropped to $5580.
🔹Hardfork took place on the Bitcoin Cash network. The BCHABC token is traded on the Poloniex exchange about five times more expensive than the BCHSV.
🔹The company New York Digital Investment Group has received the second-ever BitLicense license to provide cryptocurrency services.
🔹IBM Blockchain technical director said that central bank digital currencies (CBDCs) can stabilize the financial market in times of crisis.
🔹Malaysian bank CIMB has become a member of RippleNet to speed up and reduce the cost of its cross-border payments.
🔹The number of active Lightning nodes in the Bitcoin network reached 4039.
🔹GMO Internet is postponing the release of new Bitcoin miners with 7-nm chips due to problems with the supply of components for devices.
I'll be happy when this hardfork BCH crap is over. We need strong, stable leaders in the crypto space, not a bunch of crackpots who undermine the system and turn people off.
I need someone that can tutor me on the rising and falling of these cyptos, most especially that of BTC, wanna understand the trading more