Analyst Matt Ahlborg (Matt Ahlborg) reported that data on trading at the LocalBitcoins site suggest that in 2018 Venezuela made more bitcoin transactions than Canada, India and Australia combined. According to the data, the turnover of Venezuela exceeded $ 235 million. For comparison, in the United States, the world's largest economy, the volume amounted to about $ 373 million. In total, in 2018, bitcoins were sold for $ 3.1 billion. According to the analyst, one of the more significant factors affecting the low level of trading on LocalBitcoins in developed countries is a higher rate than on platforms requiring KYC.…
Author: BlockchainJournal
Analytical company Fundstrat Global Advisors has presented a new forecast, according to which in 2019, Bitcoin is waiting for a new price increase. Ironically, its publication almost coincided with an unexpectedly sharp increase in the market on Friday, February 8th. As the leading analyst of the company Thomas Lee wrote in his recent tweet, 2018 can really be considered the year of “hangover” after historical heights […]
In late January, the Senate Commission on Constitutional Affairs and Public Works of Italy approved an amendment to the Decree on Simplification, giving legal force to transactions involving electronic and distributed ledger (DLT), without resorting to the services of notaries or central certification bodies. And this directly relates to the regulation of the blockchain and smart contracts . And yesterday, the House of Representatives of Italy approved this bill. According to the Cointelegraph, the decision was made by a noticeable majority of 508 votes: 275 voted for, 206 against, 27 abstained. The next step is to determine the technical criteria…
The Russian government is considering options for creating conditions in the Far East for the development of high-tech industries. To this end, the authorities are ready to attract start-ups in the region who are developing products in the IT sphere. Particular attention will be paid to the development of the blockchain industry, Alexander Kozlov, minister for the development of the Far East, told reporters. He stressed that in the near future in the Far East such a direction as mining of cryptocurrencies will begin to develop rapidly. With the help of local authorities, mining farms will appear in the region,…
The team of the Californian cryptostartap SFOX concluded that if in January of this year the market was dominated by “moderately bearish” sentiments, in February they changed to “moderately bullish”. Below is the SFOX multifactor index, the values of which depend on such variables as volatility, prevailing sentiment in the market, and also indicators of industry development. Associated with blockchain, cryptocurrency and ICO HIP several […]
TradeBlock researchers have concluded that investor interest in bitcoin futures on the US stock exchanges CME and Cboe is gradually fading. We published a new report analyzing #bitcoin futures trading activity over the past year: https://t.co/3udwo6wQie pic.twitter.com/uMBDffnsnx – TradeBlock (@TradeBlock) 7 January 2019 p. Regulated futures contracts were launched almost overnight – […]
Abra has launched a new feature for its mobile application. If previously users could send, receive, and also invest fiat money in cryptocurrency , now digital assets become a means by which one can acquire various securities, commodities, as well as units in classical exchange-traded funds (ETF) . As Abra CEO Bill Barhidt stressed, in 2019 service fees will not be charged. Huge day for @AbraGlobal and Bitcoin. Abra rolling out stock and ETF investing using bitcoin Global! Fractional shares plus no limits and $ 5 minimum No fees for 2019 https://t.co/mFEY2vKLRF – Bill Barhydt (@billbarhydt) February 6, 2019 The…
Simex provided an opportunity for users to create their own tokens via the platform’s web terminal interface. About this magazine ForkLog told representatives of the company. Simex notes that creating tokens does not require special knowledge in the field of programming and a deep understanding of blockchain technologies. “Verification and recording of a smart contract in the Ethereum blockchain occurs automatically after confirmation of the data specified by the user. Thus, any person […]
The American Stock Exchange Bittrex has added support for the increased privacy and scalability of the Grin cryptocurrency. New Listing Update: The Green Market is open for deposits and trading on https://t.QAhFHJeocL. Withdrawals will be enabled soon. For more information about Grin visit: https://t.co/Wzg2huvWus @grinMW #Bittrex $ GRIN ? pic.twitter.com/yv6sVBDt8M – Bittrex International (@BittrexIntl) 9 January 2019 р. The possibility of depositing is available […]
said An exchange-traded fund (ETF) tied to Bitcoin (BTC) will eventually be approved, one of the four commissioners of the US Securities and Exchange Commission (SEC) is sure. This is evidenced by the details of the interview being prepared for release in the political magazine Congressional Quarterly, published on Twitter by the professor at the New York Business School. Leonard Stern Drew Hinks. In it, the only representative of the Democrats in the SEC, Robert Jackson, states that, despite the SEC's refusals to launch Bitcoin-ETF , made last year, the position of the regulator on this issue may change over…
