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Zank.com - Cryptocurrency Exchange | Buy and Sell BTC
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[QUOTE="Zank, post: 18071, member: 3158"] [B]News of the cryptocurrency market:[/B] [IMG type="full"]https://d.radikal.ru/d32/2005/36/7e486ac5dd62.png[/IMG] [I]Bitcoin price is struggling to reclaim $9,000, leading investor sentiment to turn bearish on BTC’s short-term price action.[/I] Bitcoin (BTC) price had a relatively muted day as the digital asset traded between $8,700-$8,885. Currently, the price remains below the ascending channel trendline and the daily candle closed as a neutral doji, showing bulls and bears are in contention on the direction Bitcoin will take over the short-term. As the price searches for direction and its dominance rate drops from 67% to 65.5%, a handful of altcoins continued a multi-day streak of impressive double digit rallies. [IMG type="full"]https://d.radikal.ru/d08/2005/c1/539bbacd667e.jpg[/IMG] [I]The average Bitcoin fee has fallen by nearly 54% over the last five days, but some believe network congestion could push users to altcoins.[/I] After spiking a week ago to levels last seen in February 2018, the average Bitcoin (BTC) transaction fee has fallen by more than half. BitInfoCharts data shows that Bitcoin’s average fee decreased by nearly 54% from $6.65 on May 20 to $3.07 on May 25. The median — or most common — fee peaked at $3.91, but has now fallen to $1.65. [IMG type="full"]https://d.radikal.ru/d18/2005/0a/d8446819b9f3.jpg[/IMG] [I]The Global Blockchain Business Council believes the pandemic has shone a light on many systemic inefficiencies that blockchain technology can solve.[/I] The Swiss-based non-profit blockchain industry association, the Global Blockchain Business Council (GBBC), believes that the crises resulting from the coronavirus pandemic have highlighted the benefits of distributed ledger technology (DLT). In email correspondence with Cointelegraph, a representative of the GBBC asserted that DLT can modernize and address the inefficiencies of the systems that underpin the organization of contemporary societies. With this in mind, the GBBC is working to foment dialogue among key policymakers and business leaders on how DLT can “address certain inefficiencies, and in some cases fundamentally shift frameworks and systems in hopes of creating more secure, equitable, and functional societies.” The GBBC will devote significant resources to engaging lawmakers over the coming years. [I]Buy and sell bitcoin through [B]Zank[/B] – earn quickly and easily![/I] [/QUOTE]
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