How can futures influence the price of bitcoin and the crypto industry in general? Many experts believe that the emergence of bitcoin futures in the traditional market contributes to the mass adoption and popularization of cryptocurrencies, since mainstream investors will become less skeptical about cryptocurrencies. This, in turn, can stimulate demand and positively influence the price and market capitalization in the long run. The emergence of traditional financial instruments based on Bitcoin actually means its recognition by regulators as an object of investment. The fact that Bitcoin futures are gaining popularity in the highly regulated and the largest US market…
Author: BlockchainJournal
The most important events in the world of cryptocurrency and blockchain over the past week – hard forks ZCash, Vitalik Buterin announced Ethereum 2.0, China presented its rating of cryptocurrencies, Tether confirmed the provision of USDT tokens, the new ICO format from the creator of ERC-20, Rosfinmonitoring requires reporting from ICO, cryptoskolkov and exchangers. Uncertainty in the cryptocurrency market A week ago, bitcoin was trading in a narrow range between $ 6,450 and $ 6,550, and the average weekly volatility fell to 0.86%. On Monday, October 29, the price of the first cryptocurrency dropped to $ 6,300 and for seven…
In the traditional Sunday review – the new ICO format, hard forks ZCash, the next rating of cryptocurrencies from China and other important events of the week. Grueling flet continues A week ago, bitcoin was trading in a narrow range between $ 6,450 and $ 6,550, and the average weekly volatility fell to 0.86%. On Monday, October 29, the price of the first cryptocurrency dropped to $ 6,300 and for seven days, not counting the sharp movement to $ 6,500 on November 1, did not leave the channel $ 6,300- $ 6,390. Nevertheless, on November 4, after 3:00 pm UTC,…
In Germany, the first legal Bitcoin ATM (BTM) appeared, this happened after a landmark court ruling. Previously, BTM businessmen had to get permission from the BaFin financial regulator, ignoring this rule was considered a crime. The situation changed last month, when Bitcoin and cryptocurrency were officially denied cash status. In this regard, the German court ruled that the exchange of cryptocurrency is not subject to compulsory licensing. Regulatory changes allowed the owner of a casino in Munich to import from Austria BTM, developed with the participation of two companies – Monte24 Casino and Video Store. However, the uncertainty of the…
Over the past two days, the main fork of the first cryptocurrency Bitcoin Cash has grown by more than 25% – from $ 425 to $ 540. On November 15, the BCH network is waiting for its own hardfork, around which a fierce internal conflict has flared up . TradingView data Thus, the self-proclaimed Satoshi Nakamoto Craig Wright, a senior researcher at nChain, and part of the Bitcoin Cash miners led by the Coingeek pool are promoted by the Bitcoin SV client, which, in their opinion, most accurately reflects the original vision of the creator of Bitcoin. However, the software…
In October, the total trading volume on the leading cryptocurrency trading floors decreased significantly compared with September. We see a significant decrease in trading volume, comparing the 30-day data. adjusted volume from CoinMarketCap pic.twitter.com/gQo45dI6eN – ICO Drops (@ICODrops) November 3, 2018 So, on OKEx (Hong Kong) and Huobi (Singapore), the index fell by 47%, and on Poloniex (USA) – by 56%. At the same time, the KuCoin and Bibox sites suffered the least, having sunk by only 3%. The leading daily trading volume Binance also failed to hold the September position; figure fell by 32% – from $ 33.22 billion…
Cybersecurity expert Lukas Stefanko found an application in the Google Play store that steals data from users of cryptocurrency exchanges and banking applications. Reports about it CryptoGlobe . In his video blog, the expert talks about an application called Easy Rates Converter, which, at first glance, looks like a simple currency converter. However, it is a malware disguised as an update of Adobe Flash and aimed at stealing user data. After installation, the program “waits” until the user launches a banking or cryptocurrency application, for example, the Binance App. After starting the corresponding application, the program opens a window similar…
Whiteblock Inc. distributed network auditor completed control testing of the EOS blockchain. After two months of research, analysts of the company came to the conclusion that EOS is a distributed homogeneous database management system, and the RAM market is a cloud computing service. This is stated in a press release. Whiteblock stressed that it remains unclear what exactly block manufacturers can create in the context of computer computing, and the network itself faces disruptions in the consensus algorithm and may be vulnerable to Byzantine errors. At the same time, analysts have found that the EOS bandwidth is significantly lower than…
CEO of Transnational Technology Corporation Google Inc. Sundar Pichai said that his 11-year-old son was extracting Ethereum on the family’s home computer, Business Insider reports. “Last week, during lunch, I talked about Bitcoin, and my son stressed that I’m actually talking about Ethereum, which is a little different [from Bitcoin]. He is only 11. He told me that he was the miner of Ethereum , ”said Pichai. The head of Google added that he had to discuss with his son the features of the functioning of the traditional banking system and the principle of paper money, since the child understood…
The Ethereum Foundation is sponsoring an initiative to create specialized equipment in collaboration with the Filecoin project, which is involved in creating a storage network on the blockchain . CoinDesk writes about this with reference to the statement of the Ethereum Foundation researcher Justin Drake, which he did at the Devcon conference in Prague. Drake unveiled an ASIC (Special Integrated Circuit) technical project that will support the upcoming “Beacon chain” technology. Beacon chain is essentially a random number generator; it will be part of the next major iteration of the cryptocurrency network called Ethereum 2.0 , which will use the…