What coins were released this year (Are there new banknotes issued this year)?

What coins were released this year? What coins were released this year?

2019 was the year after Bitcoin halving, and its price surged from January to February 5th, reaching a peak of $38,000. In the past 12 months, the price has increased by over 10 times! However, it seems that many people still have their eyes on Ethereum. This industry has reached a certain level of scale and decentralization, and there are still many projects that are not fully matured, making it difficult to see an interesting development.

Since the end of the first quarter of 2020, the market has been in a downward trend. Although it is overall in a bear market, this round of market has not dropped too much. On the contrary, the market remains optimistic and positive. According to the latest report by cryptocurrency researcher Kevin Rooke, as of the end of 2021, the total market value of the entire digital asset market is 1.7 billion US dollars.

Among them, the proportion of total value locked in DeFi is 57.5%, followed by the storage field and the payment field, with shares of 14.8%, 13.3%, and 12.5% respectively. In addition, since the beginning of this year, the number of Bitcoin on-chain transactions has significantly decreased to about 80,000 transactions; the amount of Bitcoin locked in exchanges has increased by nearly 50% compared to the same period last year, accounting for more than 80% of the total newly born cryptocurrencies.

Although Bitcoin’s on-chain activity continues to decline, the interest in blockchain technology is increasing as more and more people participate. According to reports, since 2019, the number of active addresses on the Bitcoin network has more than tripled that of 2018 and continues to set new records. At the end of 2018, new users were joining the network every day, indicating that more people are entering this ecosystem.

In addition, recently, due to the fact that Bitcoin’s price has not soared or experienced a significant correction as before, some investors have been hoarding altcoins. For example, a new product called “Btcmanager” has appeared recently, which functions like a “game” that allows players to earn money and use their NFT as an investment to generate income. This situation has led many people to believe that it is a good thing.

Currently, the mainstream digital currencies in the market, including BTC and ETH, are all high-risk types, and most of them have been consolidating during the bull market in 2017. Some even predict a huge surge. Therefore, we can infer that the biggest highlight of Bitcoin this year may be the upcoming bull market – the Bitcoin surge.

Are there new banknotes issued this year?

In the past year, the Chinese central bank has issued nearly 10 trillion yuan of paper currency, 3 billion US dollars in cash and bonds. According to statistics, the current annual inflation rate in China is about 4%. In contrast, the United States only mines new banknotes between 1% and 2% each year. Therefore, if we can foresee that the digital currency will continue to grow after January 1st next year.

So, will there be new digital yuan introduced this year? Does this mean we will be using digital rubles and electronic payments? The answer is obviously yes. (China Securities Network)