The cryptocurrency market returns to red territory again. The total capitalization of digital assets in circulation on Wednesday fell from $ 124 billion to $ 121.4 billion. It appears that the short-term recovery has ended. The market resumed its decline amid the lack of fresh positive drivers. Bitcoin (BTC) is trading at $ 3,600, which is 1.5% lower than on Tuesday. The largest digital asset is caught in a bearish trend, while the inability to pass critical resistance levels increases the pressure down. Assumptions about Russia's plans to buy BTC in the amount of $ 10 billion have not been…
Author: BlockchainJournal
Ed Tilly, Chairman, Chairman of the Board of Directors and President of the Chicago Stock Exchange of Options (CBOE), expressed the view that the emergence of tradable exchange notes (ETN) on Bitcoin may attract institutional investors from Wall Street to the cryptocurrency industry. "The growth of Bitcoin in the stock markets is still hampered by the lack of a trading product focused on large investors ," said Tilly. He also stressed that Bitcoin futures are not growing, as there are no stock notes and other products associated with the first cryptocurrency. CBOE President said that for institutional investors it is…
The Bitcoin futures platform being prepared for launch, Bakkt, published on Tuesday, January 22, a list of eight vacancies, including for developers and the financial director. We're hiring: https://t.co/CZ86BflOe4 – Bakkt (@Bakkt) January 22, 2019 In particular, Bakkt is looking for a director for blockchain development, a blockchain developer, a security director, a senior full-stack developer, a mobile developer, and a developer of testing tools. There are also openings for the financial director and the director of institutional sales. Most employees will work in Atlanta, however, some Bakkt positions are also available for New York, Hong Kong, Tokyo, San Francisco,…
It became known that the update Ethereum Constantinople Hard Fork, which was to begin on January 16, is postponed. According to the official blog of Ethereum, the delay is caused by a potential security vulnerability identified by the audit company ChainSecurity on January 15th. A security bug can potentially make some Ethereum smart contracts vulnerable to a so-called “re-attack”, allowing an attacker to steal the ETH of other investors. But it is worth noting that no Ethereum smart contracts are currently vulnerable. In fact, the BlockSecurity check of blockchain Ethereum did not find any contracts that would be vulnerable…
We bring to your attention a review of the new cloud mining service BitDeer . The platform provides for rent the power (hash rate) for the extraction of cryptocurrency, this means that you can participate in the extraction of bitcoins without installing and configuring any equipment. BitDeer service provides users from all over the world the opportunity to mine Bitcoin, regardless of whether they have the necessary equipment for this or not. This allows novice miners to solve the problems of purchasing, installing and placing mining devices. Instead, the service offers its customers to use remote computing power with professional…
The cryptocurrency exchange Huobi, one of the leaders in terms of trading volumes, plans to release its own stablecoiler as part of the roadmap for 2019. Reported by the Cointelegraph . Speaking on Tuesday, January 22, at an event in Singapore, CFO Huobi Chris Lee also said that the company intends to upgrade its trading platform this year and will continue its international expansion. “The year 2018 has brought us tremendous challenges, but personally I look at the crypto players with optimism. I think this year things will get better, ”said, in particular, Lee. He also said that the year…
The AAX cryptocurrency exchange, which the FINTECH company from Hong Kong, ATOM Group is preparing to launch, will use the Millennium Exchange bid matching technology developed by the London Stock Exchange (LSE). LSEG Technology Selected by ATOM to Power AAX Digital Asset Exchange https://t.co/ZhId2aYCt0 pic.twitter.com/Uosduc6HG6 – AAX Exchange (@AAXExchange) January 22, 2019 According to the message of the LSE Group, AAX will be launched in the first half of 2019 and will be the first digital asset exchange that uses this technology. According to Peter Lin, CEO of ATOM Group, the Millennium Exchange will create a platform that enables safe…
The Ministry of Economic Development of the Russian Federation proposed to work out the principles of cryptocurrency turnover in certain regions of the country, allowing entrepreneurs to use digital assets in financial transactions. About this "Izvestia" said the head of the Duma Committee on the financial market Anatoly Aksakov. A preliminary discussion of the initiative took place at the site of the Russian Union of Industrialists and Entrepreneurs (RUIE). It is expected that up to ten companies working with the blockchain, artificial intelligence, quantum and neurotechnologies will be able to take part in the experiment. “Cryptocurrencies will allow circumventing external…
It's no secret that the bear market, which began in January 2018, continues in 2019. Currently, there are two analysts camps that disagree on what is happening in cryptocurrency markets. The first camp believes that Bitcoin (BTC) reached the bottom on December 15 last year, when its cost was about $ 3,200. The second camp believes that the storm is not over and BTC may fall below $ 3,000. Some even predicted that in the coming days the cost of BTC amount to $ 1,700. Since Bitcoin is the king of digital assets and its dominance currently exceeds 50% of…
The researchers of the Bank for International Settlements on January 21 published a report in which they stated that only by abandoning the Proof-of-Work mechanism of consensus , Bitcoin will be able to get rid of its current and future problems. According to them, in the future, when the size of the rewards for adding blocks to the blockchain cryptocurrency drops to zero, transaction processing fees alone will not be enough to justify the miners' activities. Consequently, the Bitcoin network will become so slow that it will be impossible to use it, the authors argue. “Simple calculations tell us that…
