Today, Bitcoin consolidates Sunday losses. The BTC / USD pair is trading at $ 3,594, which is 1.82% lower than the previous day. Cryptocurrency lost about 15% from a peak of $ 4,110, which was reached on January 7th. Leading cryptoinvestors and opinion leaders continue their attempts to predict the future of Bitcoin and predict the further movement of its price. Recall that the founder of Morgan Creek Digital Assets, Anthony Pompiano, also known as "Pump," believes that Bitcoin is close to its bottom, because the bears have exhausted their potential, and the chance for an impressive recovery in 2019…
Author: BlockchainJournal
According to CoinDesk analyst Omkar Godboul, a clearly negative correlation between gold and bitcoin can serve as a kind of indicator for traders. So, on November 13, the price of gold began a strong upward movement from the level of $ 1,196. By January 4, possibly due to a weakening US dollar, the valuable metal had reached $ 1,300. In the past two months, the dollar has slightly declined against other world currencies. This happened against the backdrop of expectations of a decline in the Federal Reserve interest rate. Bitcoin, however, did not strengthen at all against the backdrop of…
Tron and BitTorrent launched Airdrop, which will keep traders and investors interested in both TRX and BTT until 2025. BTT is reported to be distributed to TRX owners every 11th day of the month from February 2019 to February 2025. This means that many TRX investors will choose to keep their coins for 6 years. This will reduce the TRX offer in the markets available for trading. Others will rush to buy TRX before the 11th of each month to get a BTT token, which will increase the demand for TRX and its cost. Such incentives will guarantee interest in…
Vladislav Ginko, an economist at the Russian Academy of National Economy and Public Administration under the President of the Russian Federation, said that the government is taking steps to minimize the impact of US sanctions that hit the Russian ruble by replacing some of its dollar reserves with the world's most popular cryptocurrency, Bitcoin. Ginko believes that Russia's decision on dedollarization is basically a step towards “protecting its national interests” because of the possible interruption of “US-designated payment flows for Russian oil and gas,” and argues that investments can be up to $ 10 billion ( 7.8 billion pounds). Ginko…
Telegram Open Network (TON) blockchain platform can be presented at the 49th World Economic Forum (WEF) in Davos, Switzerland. However, there is no official information about Pavel Durov’s speech at WEF yet, reports the Durov Code telegram channel. At the same time, according to The Bell , during January there should be a meeting of the largest investors in the project with a demonstration of the test version of TON. The launch of the main network is expected in March. According to the latest TON roadmap, which appeared in the Telegram-channel @Tgram in early January, the launch of the main…
Satoshi Capital Research cryptocurrency hedge fund recently made a statement that Bitcoin (BTC) is not just a global currency, but also a global payment system, saying that in 2018 the volume of BTC transactions exceeded 3.3 trillion US dollars, which is six times more than PayPal and 16.5 times more than Western Union. On the other hand, in the crypto community there are many different points of view, among which there are those who consider the technology on which Bitcoin is built obsolete and its advantage in the first place is to use only as a means of preserving value.…
TRON has published its latest weekly report, Dapp, dated January 12th, highlighting the growth of the ecosystem. Without a doubt, the biggest event of the week for TRON was the creation of the BitTorrent Foundation by BitTorrent in Singapore, as well as the launch of the BTT token. Token is already one step ahead because it is based on the largest peer-to-peer protocol (P2P) with over 100 million users. According to the report: Hundreds of millions of users can use BitTorrent to understand blockchain, and content creators can directly distribute their content to other users on the Internet through BitTorrent.…
Modern Internet is hard to imagine without domain names, but it is impossible to imagine without IP addresses. Someone needs a standard dynamic address from an Internet provider, someone needs an IP registered in Arizona, and someone needs thousands of different addresses with one set for research. Answering such needs is not always easy. The creators of the blockchain platform for IP-sharing IPSX believe that the process of exchanging and renting addresses should be easier and more accessible, and IPSX is their solution. The task of this platform is to provide a convenient and profitable solution to those who want…
Leading US cryptocurrency exchanges Coinbase and Kraken announced support for Ethereum's (ETH) Constantinople Hard Fork. Coinbase representatives made a statement: Coinbase intends to fully support the update to Constantinople Ethereum (ETH). After the start of the update, for security and technical purposes, we will temporarily suspend the sending and receiving of ETH on all our trading platforms until the update is completed and we confirm the security of the network. The upcoming Ethereum update will also be supported by major exchanges such as Binance, Huobi and OKEx. The ETH / USD pair for the last 24 hours showed the…
Bitcoin managed to recover from Sunday's low and is trading in the middle of the range from $ 3,600 to $ 3,700. However, the upward momentum faded and left the price in a narrow range without a clear short-term direction. Recent assumptions about Russia's plans to acquire Bitcoin in the amount of $ 10 billion have not been confirmed by official statements, which means that the potential positive effect was short-lived. There are many strong technical indicators on both sides of the current price. This technical scheme confirms the assumption that the coin can still remain in the range,…
