Something interesting is happening in the cryptocurrency market in the last 24 hours. Monero (XMR) as of yesterday was the tenth largest cryptocurrency, but in the last day it has overtaken Tether (USDT), taking ninth place. As of November 11, Monero cryptocurrency was trading at a price of 103.36 US dollars. The price of Tether was $ 0.998, reaching a slight increase of 0.38%. For Monero, it did not take too long to increase the volume of trade. The price of cryptocurrency increased by 2.10% and amounted to $ 105.80. The market capitalization of XMR increased from $…
Author: BlockchainJournal
Provider of digital asset infrastructure solutions Zichain attracted investments from the funds of the Bitblock Group and Fiat Capital. This was reported to BlockchainJournal by company representatives. As part of a strategic partnership, Zichain intends to expand its presence in the Chinese market. Bitblock Venture Fund specializes mainly in investments in financial start-ups, as well as in the development of artificial intelligence. Fiat Capital mainly invests in fintech startups. Switzerland-based Zichain is currently working on a range of cryptocurrency products and analytical tools. These developments, representatives of a startup are confident, will boost investment in digital currencies. The company also…
According to leading world and American economists, the national debt of the United States in 2020 will lead to a depreciation of the dollar and a new financial crisis that could lead to the unprecedented popularity of cryptocurrency . The head of ShapeShift, Eric Voorhees (Erik Voorhees), believes that a further increase in US government debt, which is now at $ 21.7 trillion, will inevitably lead to a cryptocurrency boom. “When the next global financial crisis occurs, the world realizes that organizations with a debt of $ 20 trillion may never be able to return it and, therefore, will be…
On November 9, the South Korean stock exchange Zeniex, which launched the country's first cryptocurrency fund ZXG Crypto fund No 1, closed under pressure from financial regulators. This is reported on the official website of the company. “In view of the current problems associated with the ZXG, we discussed our future actions. As a result, we concluded that it would be problematic to continue providing our services … We sincerely apologize that we could not meet the expectations of users. We are very grateful to those who supported us all this time, ”the message says. The exchange stopped trading on…
Cryptocurrency Gram, which during ICO Telegram acquired investors can rise several times after start blokcheyn platform Telegram Open Network (TON), believed analysts. This should be facilitated by access to markets not originally related to the blockchain , including VPN and DNS services. However, a platform with a small development team is waiting for competition with IT giants and “blockchain-unicorns,” investors warn. The blockchain platform TON, which was raised by $ 1.7 billion during the closed ICO Telegram, may compete with companies in several areas at once, analysts at investment company Hash CIB say in a report. Among the components of…
Conspiracy theories accompany humanity throughout its history, affecting the most diverse areas of society. One of the most beloved themes of conspiracy therapists of various kinds is the activity of secret state organizations and the most affluent people of the world united in a secret world government whose goal is to establish complete control over humanity and subjugate not only the main financial flows, but also the very behavior of people. Having recently celebrated its 10th anniversary, Bitcoin has become another fertile ground upon which more than one conspiracy theory has grown. And since cryptocurrency is primarily viewed as a…
In the traditional Sunday review of BlockchainJournal, Antminer S15 and T15 start sales, accusations to the founder of EtherDelta by the SEC, large investments in Bitfury and other important events of the week. Bitcoin price – a week without significant changes According to the results of the outgoing week, the first cryptocurrency is traded at almost the same levels as seven days ago, recording a slight increase in the region of 0.9% over this period. The average weighted rate of Bitcoin, rising on Wednesday, November 7, to $ 6,540, later went down, and at the time of publication is around…
Eight months after President Lukashenko’s decree No. 8 came into force , the number of companies registered in the Belarusian High-Tech Park increased to 388. Almost half of them became residents of the special economic zone this year. “The decree on the development of the digital economy” was signed by the Belarusian leader in December 2017. One of the main goals of the decree was to facilitate the entry of foreign high-tech businesses in the former Soviet republic. In addition, Minsk intends to attract promising projects in the cryptocurrency sphere. The document legalized the activities of cryptocurrency exchanges, ICO and…
A senior researcher at nChain, Craig Wright, believes that Poloniex has broken the law by opening trading on Bitcoin Cash ABC (BCHABC) and Bitcoin Cash SV (BCHSV) coins before the planned for November 15 hardforka of this cryptocurrency. Earlier this week, Poloniex announced that it would support both Bitcoin Cash chains, which may appear after the upcoming hard forks. Despite the fact that there are still a few days left until the chain is likely to split, the exchange has already launched trading with the corresponding coins. According to Craig Wright, Poloniex actually offers speculative short sales prohibited by US…
Germany’s financial regulator, the Federal Financial Supervision Authority (BaFin), is making efforts to coordinate the activities of the EU financial supervisory authorities towards the unified regulation of the initial supply of coins ( ICO ). BaFin president Felix Hufeld, in an interview with Handelsblatt, criticized the “too slow and awkward policies” of the German regulatory authorities and believes that the time has come for European, and even better, for global regulation around the world. Germany’s financial regulators have long called for globalization of cryptographic control, but so far to no avail, since many countries, including European ones, are skeptical of…