The head of the Galaxy Digital investment company, Mike Novograz, said that investors should sell Litecoin, which grew significantly in 2019, and buy bitcoin instead. With such a statement, the entrepreneur spoke on his Twitter channel, noting that Litecoin is just a widely advertised test network of the first cryptocurrency. Gold has an $ 8.5 trillion dollar market cap. Silver is $ 15bn […]
Author: BlockchainJournal
Alexey Miller, head of the Russian gas giant Gazprom, told Prime Minister Dmitry Medvedev about the implementation of a distributed registry technology . According to Miller, the company, together with Gazprombank, has developed a prototype platform, which makes it possible to automatically enter into contracts based on blockchain technology. “Together with Gazprombank, a prototype was developed providing for the automation of the conclusion, monitoring and execution of contracts. The development involves both automatic arbitration and the calculation of payments for gas , ”said the head of Gazprom. Miller stressed that the system is fully accessible to all parties to the…
The Binance Cryptocurrency Exchange is not yet planning to enter the South Korean market and other countries that have not decided on the legislative regulation of the digital asset market. This was announced by the CEO of Changphen Zhao at a conference in Seoul, Coindesk Korea writes. Zhao stressed that they are ready to cooperate with jurisdictions that have established strict regulatory requirements for the cryptographic market if the authorities of the country are […]
In the near future, the cost of Bitcoin (BTC) will easily rise to the level of $ 7,000, said Mati Grispen, a senior analyst at eToro. He explained his assumption by technical analysis of the chart of the course of the first cryptocurrency, writes RBC Krypto . “Are you kidding? We have not even reached the first Fibonacci level. If we carry out the Fibonacci retracement level from the BTC's historical maximum, we can see that we will easily rise to $ 7,000 before facing the first wall , ”wrote Grispen. Are you frickin kidding me ?! We haven't even…
It is believed that the upcoming bitcoin halving of 2020, which will halve the reward for mining a BTC block, can raise a coin to a new record maximum. One analyst expressed the opinion that she could fly up to $ 55,000. After the boom of cryptocurrency in 2017 and the stagnation that lasted throughout 2018, experts and analysts put forward various assumptions that will be the catalyst for the next sustainable bull movement. According to PlanB, a reduction in the BTC mining bonus, scheduled for May 2020, could lead to an increase in the bitcoin price to $ 55,000.…
In recent days, the cryptocurrency market has exploded, and the use of BTC and the volume have increased more than almost any other asset (digital or physical) over the same period of time. Bitcoin (BTC) is a reference cryptocurrency, not only because it is the first tokens ever created, but also because it has the largest market capitalization and the most significant community of users and developers in the entire ecosystem. A recent study by DataLight says that during the bearish band of 2018, when several cryptocurrencies lost more than 90% of their capitalization, the number of transactions increased significantly.…
Canada's leading bitcoin exchange Coinsquare has announced the launch of its own stablecock, which will be provided by CAD. The new coin will be traded under the ticker eCAD. The report of the Toronto-based exchange notes that the new coin will be “a reliable and stable means of preserving value”, offering investors an alternative to the already known steablcoins secured by the US dollar. “Running eCAD will create the first transparent, affordable and reliable way to transfer […]
In an interview with RIA Novosti, the head and founder of the world's largest cryptographic Binance Changpeng Zhao said that the key to the development of the cryptocurrency market, the blockchain and ICO in Russia would be, among other things, a clear definition of terms and a sound tax policy. As is known, the legal status of smart contracts, cryptocurrency, ICO, mining and crowdfunding in Russia is not yet available. In March 2018, the State Duma introduced and, in May , three draft laws were adopted on first reading to eliminate this gap and create legislation in the field of…
Timofey Musatov, Russian lawyer Alexander Vinnik, suspected of laundering at least $ 4 billion through the BTC-e cryptocurrency exchange, spoke about his client’s story on the Russian radio station Vesti FM. Immediately, we note that the interview was conducted by journalist Vladimir Solovyov. During the conversation, it became clear that he was rather poorly versed not only in the Vinnik case, but also in […]
The price of the first cryptocurrency shows a correction against the background of a strong overbought. For the first time since December 2017, the 14-day RSI reached 89.11. CoinDesk Markets analyst Omkar Godboul is convinced that over the next days a rollback to support levels of $ 4,672 and $ 4,565 is possible. It’s the pull co showing showing [in]
