The price of bitcoin can easily fly up to the levels of $ 50-100 thousand in the next two years. This was stated by the head of the institutional fund for managing digital assets of Morgan Creek Digital Mark Jusko in an interview with BlockTV. He bases his conviction in the coming rally of the first cryptocurrency on Metcalf's law. "If you think about the growth of the network in terms of the law of Metcalf, then you can […]
Author: BlockchainJournal
Nestlé will use blockchain technology to track products 5 (100%) 1 In a press release sent out by the transnational giant Nestlé, which is engaged in food retailing, it is reported that the company will control the supply chain of its products using blockchain technology . The pilot blockchain will be launched in January 2020 in partnership with the OpenSC blockchain, created jointly with WWF-Australia and BCG Digital Ventures. Magdy Batato, Vice President and Head of Operations at Nestlé SA, commented on the company's plans: “We want our consumers to make an informed decision about the choice of products -…
Binance changes Tether (USDT) token address standard from OMNI to ERC20 from July 4 5 (100%) 1 The Binance Cryptocurrency Exchange reported this Wednesday that the possibility of depositing / withdrawing funds in the USDT steylcoin will be unavailable on July 4 for about 30 minutes. The company explains the need for a break in service by replacing the deposit OMNI addresses currently used with ERC20 addresses . In the future, ERC20 addresses will be used by default. Users will still be able to deposit at OMNI addresses that were created before. Outputting USDT to OMNI addresses after the update…
Cuba is going to introduce cryptocurrency to overcome the crisis and US trade sanctions 5 (100%) 1 The Cuban government is considering the possibility of using cryptocurrency to overcome the economic crisis, exacerbated by sanctions from the United States, according to Cryptobtcmining.com. “We are exploring the potential use of cryptocurrencies … in our national and international commercial transactions, and we are working on this together with scientists ,” said Alejandro Gil Fernandez, Minister of Economy of the Caribbean Country. As the news agency notes, Cuba is facing a severe economic crisis due to a reduction in exports, a sharp decrease…
The head of the European Central Bank may become loyal to cryptocurrency Christine Lagarde 5 (100%) 1 At a summit in Brussels, reporters were informed that the leaders of the European Union are considering appointing the current managing director of the International Monetary Fund (IMF), Christine Lagarde, to the post of next president of the European Central Bank. As the head of the IMF, Lagarde showed her positive attitude to cryptocurrency . Earlier in an interview with CNBC, she said that cryptocurrency is already "shaking the system." Considering the blockchain a significant achievement, it also supports the ability of central…
Casa startup, specializing in the creation of secure storage systems for private keys, introduced a mobile bitcoin application Sats App, which makes it easy to manage Lightning-node. Today we’re thrilled to announce Sats App with SatsBack rewards! Bitcoin, Lightning and […]
Mike Novograz, a crypto enthusiast who is the founder of Galaxy Digital, commented on the latest developments in the BTC market. As early as July 2, Bitcoin was trading below $ 10,000, after the rate reached an annual maximum on June 27th. Already today, the cost of BTC has increased significantly, the cryptocurrency is trading at around $ 11,400. During his speech on Bloomberg TV, Mike Novograz noted that such a rollback was highly expected, given the dynamics of cryptocurrency in the past. Novograz predicts that for some time there will be consolidation in the region of $ 10,000- $…
The largest cryptobirge Binance will start trading cryptocurrency futures 5 (100%) 1 The world's largest cryptocurrency exchange Binance plans to start trading in cryptocurrency futures, according to CryptoBtcMining.com . Founder and CEO of Binance Cryptobirge Changpeng Zhao presented the exchange interface for trading in crypto futures at the Asian blockchain summit in Taipei. “Binance will launch a futures platform very soon. I don't have an exact date yet. A test version of the simulation will be available in a few weeks , ”Zhao said. He showed a screenshot of the interface and noted that the system is, in fact, already…
The exchange of derivatives FTX Global and Alameda Research conducted a study that estimated the volumes of fictitious transactions (wash trades), presumably prevailing in many cryptocurrency exchanges. The report says that 68.6% of trading volumes displayed by CoinMarketCap are fake. This figure, however, is significantly lower than what Bitwise Asset Management announced in March. The discrepancy results in almost 30% […]
The eToro Crypto Wallet introduced support for 120 ERC-20 tokens. So far, only a few of them are available to users. According to a press release from eToro, as of Tuesday, eToro begins to support Maker (MKR), Basic Attention Token (BAT), and OmiseGO (OMG) tokens, all other coins will be gradually added. Doron Rosenblum, Managing Director of eToro, noted: “The addition of 120 ERC-20 tokens to the eToro crypto wallet is another proof that the day will come when all investment assets will be token eventually. One of the main problems on the road to mass adoption of crypto assets…