Lightcoin will rise first in the future
the price of bitcoin is determined by supply and demand. The price of bitcoin is still very unstable, which means that the demand must follow this inflation level in order to keep the price stable. The big price change is e to its great volatility
After a month long correction, the price of Leyte currency has directly dropped by about 50%. Fortunately, the currency has finally stopped the downward trend. Nevertheless, it is still hard to say whether this currency and other competitive currencies will start to rise or continue to decline in the next few weeks, and whether it is possible to break the rock bottom price
on the 1-hour table of Leyte to bitcoin, we can see more clearly that the recent breakthrough occurred near 0.083cong, and then brought a rapid rise of 15%. On the Maxx momentum indicator, the green bar chart clearly shows that the buying momentum has turned upward. The 50 day moving average is now touching the 0.088 Cong control point, which may bring the price back to this range in the short term
in the past 48 hours, the competitive currencies in the whole market showed some urgent rising momentum after continuously breaking the low point
the bank has analyzed for a long time, and it is very important to monitor the correlation between the price trend of lightcoin and bitcoin. The relationship is particularly useful when trying to measure market traffic and whether a competitor is really worth trading. Generally speaking, when bitcoin moves rapidly in any direction, whether upward or downward, it is difficult for competitive currencies to stabilize, because their volatility is far less than that of bitcoin. Therefore, when bitcoin consolidates and develops horizontally, it is the best way for competitive currencies to move higher
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At 10:00 a.m. on July 3, the opening price of Leyte was 283 yuan / piece, and the highest price was 324 yuan / piece at 13:00 a.m. on July 3, with a 3-hour rise of 14%
there are multiple reasons why the price of lightcoin did not follow the rise of bitcoin, but one of the important reasons is that a large number of ASIC lightcoin mining machines have been put into the market. This currency, which used to be said not to be suitable for ASIC miner mining, has been broken down, and people's trust in lightcoin has decreased
Avalon project team, a famous supplier of bitcoin miner, has also joined in the research and development of lightcoin chip. It is expected that the competition in lightcoin miner instry will be more intense, which is similar to the arms race of bitcoin miner last year
however, the development trend of lightcoin should be similar to that of bitcoin.
it means that the country can have greater data throughput and faster processing speed, and can carry out more intelligent data calculation and fusion, which also provides greater development space for AI
computing power is the future.
At present, the pilot work of digital RMB is progressing steadily. Since the regional pilot work was carried out in Luohu, Suzhou and other places in Shenzhen in 2020, the scope of use of digital RMB has graally expanded, with more scenes and more participating banks and businesses, which has accumulated valuable experience for the promotion and popularization of digital RMB on a larger scale in the future
On the contrary, if the digital RMB can seize this historical opportunity and combine with the global value chain, it will promote the process of RMB Internetization and "network effect" on the new track, which will build the financial "City Protection II" in advance in the digital currency era and weaken the spillover impact of the ups and downs of US dollar liquidity on China's monetary policythe popularity of digital RMB can accelerate the process of asset digitization in China, and further promote the development of digital economy. From the current several pilot projects, the function of digital RMB in payment has been relatively complete, common online and offline scenarios have been supported, and payment can also be realized in a non network environment
after the issuance of digital RMB, some people in rural areas and remote mountainous areas can enjoy payment and other financial services through digital wallet even if they do not have a bank account, which helps to enhance the universality of financial services. For foreign tourists who do not have a domestic bank account in China, they can make small payments through opening digital wallet
we also expect that digital RMB will really come into our lives