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 need someone that can tutor me on the rising and falling of these cyptos, most especially that of BTC, wanna understand the trading more