Bitcoin price continues to decline, despite positive news on the market – Nasdaq and VanEck intend to launch crypto 2.0, a future cryptocurrency development plan was also announced, but Bitcoin could not exit the bearish channel with $ 4,500 resistance and support at 3 500 US dollars. After reducing to a minimum of $ 3,500, a pair of BTC / USD began to recover, while the price rose more than 4,000 dollars. However, the growth correction remained limited below $ 4,500. Also, the profit was limited by the resistance of the trend line at USD 4,250. Currently, the price…
Author: BlockchainJournal
Venezuelan President Nicolas Maduro said that the price of the national cryptocurrency El Petro will rise from 3,600 to 9,000 bolivars, writes Bloomberg . Venezuelan economist Leonardo Bunyak said that with this decision Maduro devalued the sovereign Bolivar against Petro by more than 100%. “Bolivar snapping to El Petro is snapping to empty space. El Petro cannot be considered a cryptocurrency at all, because its value is set by the president and it is not determined by the supply-demand relationship, ”said the economist. In addition, the Venezuelan president increased the minimum wage pegged to El Petro from 1,800 to 4,500…
Chinese cyber security experts Tencent have discovered a bug in the NEO client that allows hackers to remotely steal tokens from users' wallets, Block Manity reports, citing Chinese social platform Weibo. Tencent recommends that node holders update their default configuration to the latest available software version, as well as manually change the wallet address. At the same time, experts advise to avoid using a remote procedure call, or to change the port to implement RPC functions. Recall that in May , a vulnerability with a limited degree of risk, which affected several NEP-5 tokens, was detected in the NEO smart…
To the chagrin of many enthusiasts, the notorious “native” in 2018 did not take place. The prices of bitcoin and most other cryptoactive assets are much lower than at the end of last year. The market is still looking for a foothold after a prolonged correction, replaced by a stinging flat and misleading “dead cat jumping” . However, in this situation there is nothing out of the ordinary. At least, according to Charlie Bilello, a researcher at Pension Partners, who gives a chart of maximum Bitcoin drawdowns from 2010: Historical drawdowns in Bitcoin … pic.twitter.com/G32erDbg76 – Charlie Bilello (@charliebilello) 21…
The most important news of the world of cryptocurrency over the past week and the outgoing month. November 2018 was the worst month for Bitcoin in the last seven years. In just one month, the first cryptocurrency fell in price by more than 37%. Even during the week, she behaved rather unstable – barely starting the recovery and rushing to the $ 4,500 mark, Bitcoin again dropped below $ 4,000, returning above this psychological mark on Saturday, December 1st. Despite the fact that the seven-day bitcoin segment completes all the positives that experts, including managing partner of venture capital firm…
The Financial Services Agency of Japan (FSA) is planning to introduce new rules for the regulation of primary coin offers (ICO) to protect cryptocurrency investors. It is reported by the Cointelegraph , citing the local news publication Jiji Press. The publication quotes "informed" sources, according to which all the organizers of the ICO will have to be registered with the FSA. In addition, the agency plans to introduce new bills, which will revise the rules for exchanges, payment services and other suppliers of financial instruments. It is expected that this will occur in January, when the parliamentary session starts. It…
Recently, Stellar (XLM) is increasingly being discussed in crypto space. At the time of writing, XLM is trading at a price of $ 0.162, with a market capitalization of $ 3 billion, which puts Stellar (XLM) in 4th place in the Coinmarketcap rating. Stellar certainly has more options than ever, since a recent report by Stellar Expert, which tracks analytics on the Stellar network, showed that in the last 6 months Stellar had an incredible leap — the number of registered accounts increased by as much as 500%. The Stellar team commented on this event on Reddit: 2,000,000 Stellar accounts.…
Summing up not only the week, but the month. And for the crypto market, alas, they are not too bright. November of this year was the worst month for Bitcoin in the last seven years. In just one month, the first cryptocurrency fell in price by more than 37%. Even during the week, she behaved rather unstable – barely starting the recovery and rushing to the $ 4,500 mark, Bitcoin again dropped below $ 4,000 , returning above this psychological mark on Saturday, December 1st. Despite the fact that the seven-day bitcoin segment completes all the positives that experts, including…
American cryptocurrency exchange Coinbase , according to sources AMBCrypto, without a formal warning added for some users the ability to withdraw funds in USD, EUR and GBP or the sale of cryptoactive assets for crediting to CAD and AUD to the account through the payment service PayPal. According to the publication, some users of cryptobirds – from the USA, the UK, the EU and Canada – received an e-mail message about the possibility of free such operations. Meanwhile, Coinbase’s support service website says that the platform’s support is planned for November, for residents of the United States, the European Union,…
Recently, Bitcoin has rebounded from annual lows, forcing many traders and investors to believe that, perhaps, cryptocurrency No. 1 has reached the bottom and there will be no new minimums. But many experts are confident that the decline is a long process, not yet completed for BTC. At the moment, BTC / USD is trading at a price of $ 4,159. It is worth noting that after rising by more than 15% of the minimum of $ 3,500, the bulls are in no hurry to push the BTC price further. Experts consider this a sign that the bottom has…