Cryptocurrencies do not threaten the monetary system of Russia yet, but the Central Bank is against their legalization as a means of payments, said the Chairman of the Bank of Russia Elvira Nabiullina in the State Duma, answering the deputy’s question. “The volume of cryptocurrency in the world is not so large – 20 large cryptocurrencies amount to about $ 250 billion. The scale is not very significant yet and does not threaten our monetary system. But our position is unequivocal: we are against the legalization of cryptocurrency as a means of payment, ”the head of the Central Bank of…
Author: BlockchainJournal
As a result of the next recalculation, the complexity of mining Bitcoin has risen to a new historical maximum, reaching a figure of 7.459 T. This is slightly higher than the previous record figure of 7.45 T, recorded in early October 2018. In general, according to the portal coinwarz.com, over the past seven days, the complexity of extracting the first cryptocurrency has increased by 11.26%, over the past 30 days, an increase […]
Over the past 24 hours, the complexity of Bitcoin mining has grown to a new maximum. Thus, the previous record figure recorded in October 2018 was overcome. According to analysts, the increase in the complexity of mining signals a soon positive price change in the cryptocurrency market. The complexity of bitcoin mining rose by 11.26% to 7.46 T. Prior to this, the peak figure was recorded on October 4 last year at 7.45 T, and then it began to fall again. Based on data from the BTC.com pool, analysts predict that within the next two weeks, the complexity of mining…
A Dadiani Syndicate client is preparing to acquire digital money worth about $ 38 billion. EToro analyst Mati Greenspan believes that this will inevitably lead to a sharp increase in the cost of cryptocurrency . This writes RBC with reference to the American Forbes . An unknown investor plans to acquire 25% of the entire Bitcoin issue. The UK-based Dadiani Syndicate reported that one of its clients insisted on acquiring $ 38 billion worth of cryptocurrency at the current rate, but when they explained to him that this was impossible, he wanted to get as many digital coins as possible.…
Taking into account the positive mood in the crypto market and the growth of the BTC rate this year, well-known investor Mike Novograts believes that Bitcoin is waiting for consolidation in the range of $ 7,000- $ 10,000. The billionaire still does not exclude that a significant rush can help cryptocurrency to break out much higher. During the online conference, which was held on May 30, the CEO of Galaxy Digital, commenting on the company's financial achievements in the first quarter of 2019, noted that in the future BTC would be consolidated in the area between $ 7,000 and $…
One of the world's largest consulting companies, Ernst & Young (EY), published a code of its own solution for implementing private transactions in the Ethereum network on GitHub. Thus, the Nightfall Ethereum solution is based on smart contracts and evidence with zero disclosure in the implementation of ZoKrates. This will allow translating tokens of the standard ERC-20 and ERC-721, while maintaining complete privacy, the developers say. In EY […]
Official Berlin approved the application from the Bitbond blockchain platform. While the US Securities and Exchange Commission (SEC) is scaring the US cryptocurrency business with draconian measures, if the tokens that appear appear to resemble securities, in Germany the authorities of the country have made a de facto turn towards such financial instruments. This can be judged based on the fact that the German-based blockchain platform Bitbond announced that it is launching STO , that is, selling tokens, which it positions as a digital blockchain analog of bonds with a target yield of 8% per year. The company has been…
Analysts representing the research company Aite Group claim that in 2019 the share of Bitcoin cryptocurrency operations at OTC platforms will be 65% of the total volume of operations with BTC. Over the past three years, the crypto market has shown active development, many new crypto exchanges have appeared, which offer interesting financial instruments to their users, institutional investors are entering the crypto market, and over-the-counter trading is developing. For example, in 2016, the share of OTC transactions with BTC in the total volume of operations with cryptocurrency was only 32%, after which this indicator began to steadily increase. Already…
During the first four months of 2019, only 1.3% of online transactions in the Bitcoin network were implemented on the merchant side. Thus, the recent growth and increased volatility in general push enterprises away from using the first cryptocurrency in the calculations, reports Bloomberg, citing analytical firm Chainalysis. The company stressed that the HODL strategy, involving the retention of digital assets for a long time […]
On Thursday, May 30, the price of Bitcoin updated the annual maximum, breaking through the $ 9000 mark. This is evidenced by data CoinMarketCap. At about 18:40 Moscow time, the cryptocurrency made a sharp jump and by 19:09 it reached the level of $ 9005. Then within 20 minutes the price was also sharply corrected and BTC rolled back to $ 8,717 (approximately at this level the cryptocurrency was before it made the jump). As of Friday morning, May 31, the weighted average rate of Bitcoin dropped to $ 8,200. According to experts, one of the reasons for such a…