After the last price correction, the question of the value of cryptocurrencies Bitcoin is gaining popularity again: will the current market volatility affect the growth of the BTC rate or will the representatives of the crypto community witness another pullback? A well-known crypto analyst Tony Weiss spoke about his vision of the dynamics of cryptocurrency. Recently, Winnie Lingham, CEO of the blockchain platform Civic, spoke about the possibility of the BTC rate to drop below $ 3,000. Lingham also said that the bear market may not be in the past. Now, Weiss is talking about a possible pullback, he believes…
Author: BlockchainJournal
A new financial center, where activities related to cryptocurrency will be conducted, may appear on Bolshoy Ussuriysky Island on the border of Russia and China. This statement was made by Leonid Petukhov, head of the Far East Agency for Attracting Investments and Export Support (API), reports TASS. “We want to make a big financial center there. Figuratively speaking, cryptocurrency, cryptobirge, forest trade exchange – in a good way, domestic offshore. What they did in Kaliningrad, ”he said at the St. Petersburg International Economic Forum (SPIEF). According to Petukhov, it will be convenient to open such a center on Bolshoy Ussuriysky…
The international human rights group Agora announced the collection of donations in support of the journalist of the Medusa portal Ivan Golunov. Means accept including in Bitcoins and ETH. As the head of Agora Pavel Chikov wrote in the Telegram, over the past 24 hours the organization has received several dozen donations. At the moment, the donation amounts at BTC, however, are quite modest – for the last day on […]
ConsenSys recently published a message in its blog that compared the relative popularity of various search queries in Google trends, comparing them with bitcoin search data. It turns out that currently the search for word Bitcoin is ahead of the search according to Tesla, Donald Trump and Kim Kardashian. Ethereum look for a little less. The ConsenSys team analyzed the mention of Bitcoin primarily in the top news. Here is the result of comparing these major mentions: Although most recently Tesla has overtaken Bitcoin, Trump and Kim are still below. The team also compared Ethereum and Climate Change, the results…
Donald Trump's trade wars, protracted uncertainty over the expected UK exit from the EU (Brexit), and the looming threat of a global recession could be factors that in May revived activity in cryptocurrency markets, Bitcoinist writes. Against this background, traffic on the leading bitcoin exchanges, in particular, Binance and Coinbase, has noticeably increased. So, according to SimilarWeb, Binance, which […]
Coinshares has calculated the rate of Bitcoin, in which its production makes a profit to miners. The research organization Coinshares has published a regular report for the first half of the year, which assesses the situation in the mining industry cryptocurrency . As Christopher Bendixen, head of the organization's research department, points out, the bitcoin mining break-even point at the moment is about $ 3,300. As long as the rate stays above this mark, BTC mining will be profitable. 9 / Cash flow breakeven levels are also healthy at about $ 3,300 (assuming 5 / c / kWh and 15%…
Christopher Vecchio, a senior currency strategist at DailyFX, said that the “trade war” that is currently taking place between the United States and China may result in bitcoin being again at a historical high, that is, near $ 20,000. "Trade War" has already caused changes in the modern financial landscape. One of the key indices of the US stock market since the beginning of June went down to minus by 3%, and the Chinese yuan continued to weaken, with the result that the US dollar rose to a level of 6.9 yuan. For the American economy, this is a negative…
A new financial center, where activities related to cryptocurrency will be conducted, may appear on Bolshoy Ussuriysky Island on the border of Russia and China. This statement was made on Saturday, June 8, the head of the Agency of the Far East for attracting investment and export support (IPA) Leonid Petukhov, reports TASS. “We want to make a big financial center there. Figuratively speaking, cryptocurrency, cryptobirge, exchange […]
The cryptocurrency division of the rating agency Weiss Ratings announced that it was forced to downgrade the EOS rating due to "serious problems" with the centralization of the project. EOS DOWNGRADE: #EOS has been seriously downgraded by its technology score. It's now up to #ADA […]
According to Google Trends, the concept of "Bitcoin" is currently leading among the requests in the leading search engine of the Google world. Bitcoin managed to bypass the popularity requests that have been leading in the past few years. Google Trends tools allow you to determine how often a particular term appears in the Google search bar, taking into account the region of the user, his native language, etc. As it turned out, now people are even more interested in Bitcoin cryptocurrency. Representatives of the blockchain-company ConsenSys were able to determine that the frequency of searching for the term “Bitcoin”…