Academy Knowledge Check - July EOM

What is the biggest factor that affects cryptocurrency prices?

• Government regulations

• The number of people using cryptocurrencies

• The price of gold

• Supply and demand

To the nearest million, how much BTC is currently in circulation?

• 10 million

• 19 million

• 12 million

• 15 million

Does Bitcoin have a finite or infinite supply?

• Infinite

• Finite

Most of the cryptocurrency industry is now regulated. True or false?

• True

• False

What kind of exchanges are regulated?

• Decentralized exchanges

• Both types of exchanges are regulated

• Centralized exchanges

• No exchanges are regulated

Market sentiment and the media can make crypto prices rise and fall. True or false?

• True

• False

• Maybe

What are the two most valuable cryptocurrencies in the world?

• Bitcoin and Binance Coin

• Ripple and Litecoin

• Bitcoin and Ethereum

• Dogecoin and Cardano

Bitcoin dominance is the ratio between what?

• The number of Bitcoin wallets and the number of wallets holding other cryptocurrencies

• The price of Bitcoin and the price of gold

• The price of Bitcoin and the price of US Dollar

• Bitcoin and all other cryptocurrencies combined

What is the most valuable cryptocurrency in the world?

• Bitcoin

• Ethereum

• Binance Coin

• Dogecoin

To the nearest million, how many Bitcoin wallets are in use worldwide?

• 50 million

• 10 million

• 85 million

• 144 million