What is Centric Swap (CNS)?
Cryptocurrencies, unlike fiat currencies, do not have a central bank to implement monetary policy focused on stabilizing purchasing power. Thus, changes in demand induce massive price fluctuations. The decentralized model of price discovery has made the majority of existing cryptocurrencies nothing more than stocks or commodities, valued on psychology, traded on unregulated stock markets, and […]
Bitcoin Price Faces Another Rejection, Fueling Fears of a Downward Trend
Bitcoin’s attempt to surpass the resistance at $30,000 has fallen short, resulting in a decline in its price. As it stands, there is a looming risk of a further slide towards the support zone at $27,200. At the moment, BTC is experiencing a dip from the $29,750 resistance region, with its price currently trading below […]
