Despite the fact that the ICO market is currently dead, this will not hinder the inevitable growth of the cryptocurrency industry, said founder and CEO of Digital Currency Group, Barry Silbert. Speaking on CNBC , Silbert said that the hyip around ICO in 2017 stimulated a rise in Bitcoin prices, but now the market has collapsed, and this has led to a massive sale. “The ICO market is dead. Now there is a lack of demand for ICO, and there are all these sponsors who have raised a bunch of bitcoins and Ethereum, which they are now starting to sell.…
Author: BlockchainJournal
The cost of bitcoin is already less than 4 thousand dollars – recently it has rapidly become cheaper, and at the same time the interest of Russians in the world's most popular cryptocurrency has been falling. Yandex conducted a study and found out how Russian Bitcoin search queries have changed over the past 9 years. According to the Bitcoin Epoch, the peak of requests about Bitcoin in the search for Yandex came in December 2017, when the cost of cryptocurrency reached a historical maximum. During this period, they asked about Bitcoin even more often than about the dollar. “Then a…
Cryptocurrency brokerage platform LH-Crypto launched on YouTube the educational video blog Crypto Clowns Show (“Cryptoclone Show”). The project is focused on novice users of cryptocurrency and is designed to help navigate in a new topic for them. Channel lead clowns Monero and Cripsy. In a characteristic clown style, they introduce viewers to basic concepts of cryptoindustry. The creators of the channel believe that their educational project will be in demand. “Since 2017, the question of what bitcoin is, is in the top of the most popular searches in search engines. The videos posted on the channel respond to the most…
The Russian Association of Cryptoindustry and Blockchain (RAKIB) has announced the launch of an online acceleration program. As the association noted in a statement , the decision to launch the accelerator was made due to numerous requests from market participants at RACIB for legal, technological and marketing support for projects, especially at the formative stage. Rakib believes that the key difference between its accelerator for Russian startups will be the minimum entry barrier for startups. The association intends, with the help of an accelerator, to form the Russian-language market of ICO and the blockchain , the infrastructure of which, as…
More than 20% of hedge funds launched in 2018 specialize in working with cryptocurrencies. Deservedly digital assets attracted the interest of a huge number of investors and financial organizations. In 2017, Bitcoin has grown more than 13 times, not to mention many altcoins. None of the markets has already demonstrated such profitability for a long time, and among the owners of capital there naturally arose a request for investments in this sphere. In 2018, the market situation has changed, but even the current drawdown does not prevent beginners from launching cryptocurrency hedge funds. The reasons for such enthusiasm in a…
The current bear market is a golden time for crypto-operations , said one of the founders of the Fundstrat Global Advisors and the well-known optimist Tom Lee. Speaking at BlockShow Asia 2018 , he noted three reasons for the fall of the cryptocurrency market. The first is hardfork Bitcoin Cash . The second is the regulatory actions of the US Securities and Exchange Commission (SEC), which led the ICO to return funds to investors. The third is “terrible” conditions in global markets, which fell by 10% in October and November. However, the investor did not leave his optimistic forecasts. Describing…
The American cryptocurrency company Coinbase has confirmed the information that appeared earlier in the network that it will open an over-the-counter (OTC) trading platform for institutional clients in response to requests from the latter. This was reported by the director of institutional sales Coinbase Christine Sandler in a conversation with the portal Cheddar. According to Sandler, the OTC platform will be an addition to the company's main exchange, which may seem particularly convenient to those who want to use it to enter the world of cryptocurrency trading . “We thought that it would be a great advantage for our customers…
The price of the first cryptocurrency comes out of deep oversold and can soon test resistance at around $ 4,400, according to analyst CoinDesk Omkar Godboul. Despite the bear market, sellers appear to have run out of $ 3,500. This opened up the possibility for some bitcoin price recovery. So, now BTC is again testing the psychological mark of $ 4,000. According to CoinMarketCap, over the past 24 hours, digital gold has grown by more than 8%, pushing up prices of less capitalized assets: Daily chart BTC / USD The long shadows of the previous three candles indicate a failed…
for payment Birks Group, one of the oldest jewelry retailers in Canada, began accepting Bitcoin. This is reported in the company's blog . A new payment option appeared thanks to the partnership of Birks with the largest American Bitcoin processing BitPay. Currently, BTC purchases are available in 8 of the 26 stores located in Canada. According to Birks, users can purchase products from brands like Rolex, Bulgari, Cartier and Breitling for Bitcoin. In the near future, the Graff and Patek Philippe brands, which are available at newly opened stores in Vancouver, will add to this list. “Accepting Bitcoin to pay…
According to Tom Lee, analyst and co-founder of Fundstrat Global Advisors, the bearish trend that has been going on for almost a year is the “golden time” for cryptocurrency market participants. Reported by the Cointelegraph . Speaking at the BlockShow Asia 2018 conference, Lee named three main reasons that led to a market crash: controversial hardfork Bitcoin Cash (BSH) tough measures by the US Securities and Exchange Commission in relation to the primary coin offerings, including demands to return funds to ICO investors “Terrible” state of affairs in global markets, which fell by about 10% during October-November. Despite all these…