Trading volumes on the Finnish P2P-portal LocalBitcoins reached their highest levels, which have not been observed since November 2018. According to CoinDance, the global weekly trading volume of BTC on LocalBitcoins was $ 65.6 million in the week that ended yesterday. This is the highest figure since November 2018, when weekly trading volume on LocalBitcoins reached $ 67.7 million for the week that ended November 24, 2018. In certain countries last week a record volume of trading was recorded on LocalBitcoins. For example, Argentina was distinguished, where the weekly rate reached 15.22 million Argentine pesos (over $ 364 thousand). In…
Author: BlockchainJournal
The US rating agency Weiss Ratings first assigned Bitcoin a grade of A-, stressing that at the moment the potential benefits of investing in the first cryptocurrency exceed the risks, its technology is updated, and the network is stable, reports ForkLog.Media. “Bitcoin has come a long way from C + in January 2018 to today. Then the investment risks were extremely high, ”the agency stressed. Representatives of the organization […]
McAfee offered assistance to the Cuban government in creating a national cryptocurrency 5 (100%) 1 Earlier, we talked about the fact that as a result of American sanctions, Cuba wants to introduce digital currencies, and that the government is now actively studying this issue. Now events for this country are developing in an interesting way, as well-known supporter of cryptocurrency and runaway presidential candidate John McAfee offered his knowledge in the field of cryptocurrency to the Cuban government. Aversion to American politics It seems that before the Cuban government and John McAfee united only contempt for American power and the…
Trader Peter Brandt, who had previously stated that Bitcoin had aimed at $ 100,000, had given a rather disappointing forecast the day before that the BTC market could survive the 80-percent correction. Earlier, Peter Brandt gave a rather optimistic forecast, stating that the BTC cryptocurrency, breaking the $ 10,000 level, plunged into the fourth parabolic phase, which means that in the future, the BTC rate may reach $ 100,000. After that, when a 30% rollback occurred on the BTC market, Brandt explained that such fluctuations are considered not so serious if we recall the dynamics of cryptocurrency during the parabolic…
futures CME Chicago Board of Trade may launch Ethereum (ETH) futures 5 (100%) 1 The Chicago Mercantile Exchange Group (CME) will change the benchmark rate and index associated with the Ethereum cryptocurrency . About it writes The Block with reference to the notice published by the company on Friday. itBit – the exchange division of Paxos, a New York-based fintech company, will provide data for two financial instruments that now use Bitstamp and Kraken information. Crypto Facilities will continue to serve as the index manager. According to CME, itBit meets the criteria for inclusion in the index. The addition of…
Founder and partner of Mobius Capital Partners Mark Mobius, a well-known investor in emerging markets, suggested that he could acquire Bitcoin if his growth continued. It is noteworthy that before that he had taken a rather skeptical position regarding cryptocurrency. “I am not a buyer, but we have to reckon with this [cryptocurrency],” Mobius said. Nevertheless, the investor did not forget to mention that […]
A new hashrate record in the Bitcoin (BTC) network is set at 74.55 TH / s 5 (100%) 1 The aggregate hashrate of the Bitcoin network has set a new historical maximum. This is evidenced by the data Blockchain.com . A new record was reached on July 5th. On this day, the mark of 74.55 TH / s was passed, which is 109% more than in the same period last year. On July 6, this figure dropped slightly to 70.2 TH / s per second. The previous maximum was reached on June 29, 2019. Then the bitcoin network hashrate was…
BTC course has formed levels of support and resistance, what will happen next? 5 (100%) 1 The next week in the cryptocurrency market has come to an end, however, predictions about the future price of bitcoin do not run out. Over the past seven days, the BTC has not shown any significant movement, consolidating in the range of $ 10,700 to $ 12,000. Last week, the price closed below resistance at $ 11,510, which is why the community suggested that BTC could again test the level at $ 9,200. However, on July 3, Bitcoin rose by 16%, raising its value…
Representatives of BlockStream, which specializes in developing software based on blockchain technologies, announced that its Green Wallet mobile wallet now supports sidechain Liquid Network. According to the publication, Green Wallet now supports Liquid Bitcoin (L-BTC), as well as Issued Assets (IA). The latter tool allows Liquid users to create their own tokens in the Liquid sidechain. The Liquid Network project, which was released in October 2018, aims to provide an opportunity to perform instant transactions with BTC between legal entities and individuals. A feature of L-BTC transactions in Liquid is the support of the Confidential Transaction technology, due to which…
Study: Twitter users' attitude to cryptocurrency in different countries 5 (100%) 1 New Libra cryptocurrency from Facebook is actively interested in Twitter users from the USA, UK, France and Australia. At the same time, 54.8% of all posts have a negative connotation. These results were achieved by the experts of The TIE analytical platform, having conducted a global study of cryptocurrency tweets. Least of all are located in relation to altcoinu users from the United States and France, where Libra was criticized by local financial regulators. The study also showed that 38.9% of all bitcoin tweets belong to American users,…