Cryptocurrency boom of 2017 is back ?! In just one day, the Bitcoin (BTC) rate showed an increase of $ 1,000, rising above $ 7,200. All major altcoins show an increase of more than 10%. The total market capitalization of cryptocurrency exceeded $ 215 billion. It took only three days after Bitcoin was able to return to a level above $ 6000. But now he has confidently struck upwards of $ 7,000 and does not seem to be going to stop there. This time, the entire market rushed for BTC: ETH overcame $ 200, BCH $ 350, LTC rose to…
Author: BlockchainJournal
On the night of Sunday, May 12, the price of Bitcoin overcame the $ 7,200 mark. The total capitalization of the cryptocurrency market at the same time exceeded $ 215 billion. At the same time, if the first cryptocurrency itself has grown by more than 11% in the last 24 hours, the sharp growth of other leading altcoins draws attention. So, if we talk about the top ten CoinMarketCap, more than 20% – to […]
One of these days, the value of BTC has finally exceeded $ 6,000, and today the cryptocurrency exchange rate has risen to $ 6,900 – altcoins are also showing growth, while representatives of the crypto community make incredible predictions about the cost of BTC in the future. Today, the flagship cryptocurrency has set another price record – the price of BTC has risen above $ 6,900. At the time of this writing, the cryptocurrency is trading at around $ 6,700. Altcoins also show good growth. Thus, the rate Ethereum, Bitcoin Cash, EOS, Litecoin, Cardano, Monero has increased over the past…
The company Crescent Crypto Index Services LLC has applied for the launch of a cryptocurrency index fund (ETF) on the NYSE Arca Stock Exchange, tracking Bitcoin and Ethereum quotes. The corresponding document is published on the website of the US Securities and Exchange Commission (SEC). The full name of the new ETF is USCF Crescent Crypto Index Fund (XBET ticker). Its launch is intended to be sponsored by the investment company United States Commodity Funds LLC (USCF), which is regulated by the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA). At the end of March, the SEC…
Lucien Chen, CTO and co-founder of the Tron decentralized applications platform, announced his retirement from the project. At the same time, he accused the head of Tron, Justin San, that the current project does not offer any real decentralization, and stated his intention to revive his original vision. The new Chen project is called the Volume Network and will use the PoST algorithm (proof […]
The US Senate Committee on Banking, Housing and Urban Affairs asked Facebook head Mark Zuckerberg (Mark Zuckerberg) to provide information about the social network cryptocurrency project ( Facebook Coin ). In a letter addressed to Mark, the Committee emphasizes the importance of certain aspects of consumer protection and asks Zuckerberg how the social network plans to protect the financial information of users. Lawmakers also want to know whether Facebook is sharing user information with third parties and not selling this data to them. Last year, one of the most popular social networks in the world became involved in several scandals…
Ryan Selkis, CEO of Messari, believes that the transition from the Ethereum blockchain to version 2.0, which supports the Proof-of-Stake (PoS) algorithm, will most likely take place no earlier than two years later. During his speech at the panel discussion entitled “The Smart Contract War Is Coming” (ConsenSys' Ethereal Summit), Ryan Selkis pointed out the main risks accompanying the transfer of the Ethereum blockchain to PoS – the project now uses the Proof-of-Work (PoW) algorithm. Selkis argues his claim that PoS failed to prove its efficiency. The head of Messari believes that the PoW algorithm, which is now in Ethereum,…
The founders of Ethereum, Joseph Lubin and Vitalik Buterin, as well as the companies they represent – ConsenSys and Ethereum Foundation, respectively – provided financial support to the decentralized autonomous organization Moloch. This became known during the Ethereal Summit, which started in New York on Friday, May 10. Lyubin and Buterin supported DAO Moloch for 1000 ETH each, an additional 1000 ETH […]
According to Tim Draper, an investor and supporter of the cryptocurrency industry, by 2023 the share of bitcoin transactions in the global market will grow to at least 5%. Speaking to FOX Business reporters, Draper stressed that the largest digital currency will grow at a more aggressive pace in the near future, and we will see new heights taken. Such optimistic forecasts Draper expressed earlier. For example, in March, he generally allowed the option in which BTC could jump to $ 4 million due to the arrival of new players in the cryptocurrency industry. This week, he again predicted an…
This week, Bitcoin and many Altcoins went to conquer new peaks. The BTC rate broke through the $ 6500 mark and set a new maximum for the market share of 58.7%. Traditionally, the development of growing dynamics is supported by positive news, for example, about the players' readiness to introduce uniform cryptographic standards and the long-discussed issue of SEC and CFTC market regulation, which the corresponding statement was made to the US Congress. In turn, large capital, it seems, has already gained positions for the purchase and is now ready to make a profit on the growing market movement, which…