Bitcoin (BTC) is still trying to find the bottom of the bear market on the anniversary of its record high price – $ 20,000. At the time of publication, the world's largest cryptocurrency by market capitalization is trading at $ 3,286, which is 83.5 percent lower than the record high of $ 20,000 reached on December 17, 2017. BTC also decreased by 76% since the beginning of the year (the price on January 1 was $ 13,880) and is about to complete its three-year series of victories. Reducing the BTC rate from $ 20,000 to $ 3,200 can be divided…
Author: BlockchainJournal
With respect to the absolute maximum recorded exactly one year ago ($ 19,665), the rate of the first cryptocurrency sank by 83.5%. Data: CoinGecko At the same time, Bitcoin Cash and Ethereum cryptocurrencies sank in relation to their historical highs much more – by 97.9% and 94.1%, respectively. Bitcoin currently leads among other cryptoactive assets in terms of trading volume ($ 1.9 billion). This figure is more than 10 times the daily trading volume of Bitcoin Cash ($ 146 million). Note that the CoinMarketCap data is somewhat different from CoinGecko: Also, according to CoinGecko, Ethereum almost does not lag behind…
According to a recent report, the Facebook Blockchain team is committed to creating a payment protocol that includes its own cryptocurrency . Facebook announced the launch of its blockchain team in April 2018. It was led by David Markus, former president of PayPal and vice president of Messenger. He has also previously been a board member at Coinbase . The Facebook Blockchain project employs 40 employees who previously worked at Google Pay and Samsung Pay. Facebook is also considering launching its own cryptocurrency, which would allow its 2 billion users worldwide to make electronic payments without the need for a…
At the time of this writing, the cryptocurrency market is limited, the total value of all digital assets in circulation amounted to 103 billion US dollars. In general, the market has lost more than $ 10 billion in one week, ignoring the positive news. Bitcoin (BTC) price has remained unchanged since early Monday. Now, the # 1 cryptocurrency costs about $ 3,300. However, this resistance level may not be easy for short-term Bitcoin bulls. The Ripple (XRP) price fluctuates at $ 0.29, down 0.08% in the last 24 hours. The second largest coin by market capitalization is moving within…
During November, ICO-projects sold 416 thousand ETH. This is the largest figure since the summer of this year, reports Trustnodes . According to Santiment, in August, ICO startups sold only 100,000 ETH. In September, sales of digital currency increased significantly, reaching 300 thousand ETH. In November, this amount exceeded 400 thousand ETH. However, most actively Ethereum was sold in the first quarter of this year. For example, during only March 27, 2018, ICO start-ups sold 630,000 ETH. Note that in the first three months of this year, the price of Ethereum sank more than three times: ETH / USDT, Binance…
Over the past year, community representatives have closely watched the activities of the US Securities and Exchange Commission (SEC). Everyone was worried about whether the SEC recognized the token purchased on the ICO as an unregistered security, whether the agency would sue the founders of a project, whether it would approve the launch of Bitcoin-ETF. If we recall the original idea for which the cipherpunk community has fought for many decades and which formed the basis of Bitcoin, then such sensitivity to the SEC decision seems somewhat contradictory. Bitcoin provides users with financial freedom by eliminating all kinds of intermediaries…
Yellow vests (Mouvement des Gilets jaunes) is a spontaneous protest movement in France, which appeared at the end of 2018 and was named so because of the reflective yellow vests used by participants of the demonstration to identify participants. Initially, the cause of the demonstrations was the increase in the price of fuel (due to the increase in the price of petroleum products), then the demands of the participants expanded to the resignation of French President Emmanuel Macron. The movement is rapidly gaining momentum, acquiring a political coloring. He is openly supported by several leaders of political parties and political…
According to the latest report of the International Monetary Fund (IMF), in the world there is a significant increase in state-owned banks for cryptocurrency and blockchain technology . In particular, already 15 central banks have designated their open position, among them such countries as: Canada, Sweden, Norway, Bahamas, China, Curaçao and Sint Maarten, East Caribbean region, Ecuador, Senegal, Tunisia, Uruguay. An unexpected increase in interest in cryptocurrencies from central banks occurs at a time when the market for digital currencies is falling. The adoption of cryptocurrency as a means of payment by private players is likely to encourage banks to…
In the traditional Sunday review, we recall the new annual minimum of Bitcoin prices, events around Ethereum, positive news from Europe and other key events of the outgoing week. Already the bottom or not? On Saturday, December 15, the weighted average rate of the first cryptocurrency, continuing a protracted decline, fell for the first time this year below $ 3,200, while Bitcoin capitalization came close to $ 55 billion. On some exchanges, for example, on Bitstamp, at the same time the price went down to $ 3120. Since then, Bitcoin has recovered somewhat (+ 2.41% in the last 24 hours…
The veteran cryptocurrency industry and technical director of start-up Casa Jameson Lopp responded to criticism of the developers of Bitcoin Core, who are reproached periodically for taking control of the Bitcoin network, telling how the whole process really works. In particular, in his extensive blog entry on Medium, Lopp explains how decisions are made and that the key point in the entire work of the developers is to reach a consensus on whether or not this or that code will be added to the GitHub repository. It's time to put another endless debate to rest. https://t.co/1Uqbu9wzB5 – Jameson Lopp (@lopp)…