Coinbase, the leading US cryptocurrency platform, announced on Friday, December 14th that its US users now have the opportunity to instantly convert Bitcoins from other cryptocurrencies into Fiat for free with withdrawals to the global PayPal wallets. Options for buying Bitcoin and other cryptocurrencies via PayPal, at least at this stage, are not provided. Starting today, all Coinbase customers can instantly withdraw cash balances to paypal for no fee. It's Day 5 of 12 Days of Coinbase. Learn more here: https://t.co/tfYVzgJjxc pic.twitter.com/EFHn8LFPTs – Coinbase (@coinbase) December 14, 2018 Coinbase was previously integrated with PayPal, adding this withdrawal method for the…
Author: BlockchainJournal
Using the tools of the service Coin Metrics , IT-director of investment fund Point-Slope Capital Chris Rassi concluded that the price of Bitcoin is currently significantly underestimated. Fun new chart from @coinmetrics . Regular $ BTC Network Value (circulating supply x price) is at ~ $ 60B, while Realized Cap is a NV of ~ $ 80B. The asymmetry suggests prices may have overshot downward pic.twitter.com/bQLlYXeXKZ – Chris Russi (@chrisrussi) 14 December 201 p. The researcher notes that the “realized capitalization” indicator ($ 80 billion) exceeds the value of the “network cost” indicator (Network value; $ 60 billion as of…
Password Manager Software Developer Dashlane has released a third version of its annual ranking “Worst Password Offenders.” This list includes those users and organizations that commit the most violations when working with passwords. In 2018, cryptoinvestors took the third place in the Dashlane rating. The Pentagon also entered the top 3 (the agency was located on the 2nd line), and Google ranked the top 10. According to Dashlane, currently the number of passwords that the average Internet user should manage is at the level of 200. According to company forecasts, by 2023 this figure will increase to 400. “Passwords are…
Developing Ethereum browser startup Status reduces 25% of employees due to the ongoing decline in the cryptocurrency market, reports CoinDesk . According to Status co-founder Jarred Hope, the size of the company was too large for its sustainable development. In particular, the startup was not ready for the fact that the price of Ethereum cryptocurrency would fall by more than 80%. Last year, the rush around the tokensale Status was so great that it caused massive Ethereum network failures. Nevertheless, the company managed to attract almost 300 thousand ETH . However, Status representatives say, the project did not have “reliable…
Members of the European Parliament called for measures to accelerate the integration of the blockchain into the sphere of trade between the EU countries. This is stated in the relevant resolution of the representative body. The document is called "Blockchain: a promising trade policy." It outlines possible ways to improve the effectiveness of EU trade policy, including agreements on free trade and mutual recognition. According to representatives of the European Parliament, the blockchain can increase the level of transparency of supply chains and the efficiency of trading operations, reduce costs, counteract corruption and tax evasion, and can also increase data…
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Fundstrat Global Advisors analyst Tom Lee, who has repeatedly stated that by the end of this year, Bitcoin is waiting for a rise to $ 25,000, although he has recently adjusted the forecast, he is not going to give up his position. The fair price of Bitcoin, calculated on the basis of such factors as the number of active addresses, the activity of individual accounts and the market offer, is in the range of $ 13,800 – $ 14,800 , he said. In an address to his clients this Thursday, Lee wrote that the discrepancy between the theoretical and real…
Issuers of ICO tokens in the United States may receive from the Securities and Exchange Commission (SEC) a so-called non-action letter, which in some cases will allow to bypass the requirements of securities legislation. This was reported by SEC consultant on digital assets and innovations Valerie Schepanik, writes CoinDesk . Valerie Schepanik said that within the legal framework, ICO projects must either register tokens as securities or apply for exemption from the current rules. The third option is to make sure that the offered tokens are not securities. However, in exceptional cases, the SEC may issue a non-binding letter of…
According to the Cambridge Alternative Finance Center, the number of verified Bitcoin and other cryptocurrency users in the first three quarters of 2018 grew by 80%. It is reported by Bloomberg. As stated in the study, if last year there were 18 million users, today their number has grown to 35 million. According to the publication, while some critics predict that the price of Bitcoin may fall to zero values, these data may be important, signaling the likely recovery of the market. To see that Glad our new #cryptoasset report has already been covered by @crowdfundinside (including a summary of…
The Russian unit of cryptobirge Huobi plans to launch an accelerator for projects and open a client office in St. Petersburg in the first quarter of 2019, as well as establish an Innovative Project Support Fund and a network of mining hotels in the first half of next year. This was told by the head of Huobi Russia, Andrei Grachev, at a press conference held on December 6 in Moscow. “The main task of Huobi Russia is to provide a wide range of instruments with small spreads and high liquidity,” Grachev said. “Huobi Russia offers the opportunity to conduct both…