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Cryptocurrency news for today 11 August

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ETHEREUM NEXT STOP $3,000!!!! BITCOIN TO 20X AND REPLACE THE US DOLLAR!!!?? Price Prediction, news

Cryptocurrency news for today 11 August

Cryptocurrency news for today 11 August
CONTENT

  • Russia’s neighbors – Ukraine and Belarus – are heading towards digitalization of national economies.

  • BTC Greed and Fear Index Approaches Extreme Level.

  • Altcoin Market Capitalization Indicator May Promise Start of Altcoin Season.

International consortium of news organizations developing transparency standards.

Russia’s closest neighbors – Ukraine and Belarus – have taken a decisive course towards digitalizing their national economies. At the same time, Lukashenko’s re-election, despite all the political controversy of this event, is definitely a favorable factor for the crypto industry. Bitcoin continues to eye new heights, although it is unclear if it can maintain its upward momentum. Meanwhile, the altcoin market capitalization has broken through months of resistance, which could be a harbinger of a new altcoin season..

Ukraine will build a data center with a capacity of 1 GW

Cryptocurrency news for today 11 August

Ukraine is following the path of speedy digitalization, intending to become a techno hub in Eastern Europe. In this regard, the country creates conditions for attracting investments from global IT giants in the digital currency and computing sector. The Ministry of Digital Transformation of Ukraine has announced that it is ready to build a powerful computing center in the country. The authorities also plan to legalize cryptocurrency mining. More details

How Lukashenko’s re-election will affect the crypto market in Belarus

President of Belarus Alexander Lukashenko was once again re-elected to the post of head of state. According to experts, this is a good sign for the cryptocurrency market, since Lukashenko has repeatedly stressed the importance of developing the digital currency sector and will continue the course towards digitalization of the country. The country’s plans include an ambitious intent to become a crypto mining hub. More details

BTC Greed and Fear Index Approaches Extreme Level

Bitcoin is on the verge of updating its 2020 high above the $ 12,000 level, but the question is whether the cryptocurrency can maintain its upward momentum. The well-known Greed Index shows that BTC traders are overcome by extreme greed. The indicator is at around 78 out of a possible 100. More

Breakout of key resistance promises the start of the altcoin season

The altcoin market capitalization indicator broke through the key multi-year resistance and exceeded $ 140 billion. This may indicate the start of a new altcoin season. Supporting factors for altcoins remain the launch of ETH 2.0 and the ongoing boom in the DeFi segmentDecentralized finance (DeFi) is a financial services built on blockchain technology that offers users access to an open, efficient and … More. More details

The largest analytical company bought over 20 thousand bitcoins

Cryptocurrency news for today 11 August

The largest public analytical company MicroStrategy Incorporated announced the purchase of 21,454 bitcoins for a total value of $ 250 million. The company said that the acquisition of the cryptocurrency is part of a new capital redistribution strategy. MicroStrategy views bitcoin as a long-term store of value. More details

Beach Vacation Now Available For Pay In Ethereum

During the holiday season, the crypto industry has taken another step towards the massive adoption and use of digital currencies in everyday life. Now tourists who relax on the worldwide popular Haeundae Beach, located in the South Korean city of Busan, can pay for the services of the local infrastructure with Ethereum cryptocurrency (ETH). More details

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