According to Google Trends, the number of search queries for the word “Bitcoin” decreased by 93% compared with the peak values of December last year. Adamant Capital founder Tur Demestr shared this observation: Google searches for “Bitcoin” lowest since May 2017 – down 93% since Dec ATH. pic.twitter.com/6wUqp2VHrm – Tuur Demeester (@TuurDemeester) October 25, 2018 p. According to him, at present the number of such requests corresponds to the values of May last year. Since the beginning of August, when Demester published an article that it is not worth waiting for cryptocurrency of new highs this year, the number of…
Author: BlockchainJournal
Today, there is a negative trend in global stock markets, but at the same time Bitcoin seems to be stably staying. Today, Asian markets have fallen significantly, stock indices in Shanghai and Shenzhen fell by more than 5%. Also, the Nasdaq index (-4.43%) and the Dow Jones industrial index (-2.41%) also showed a sharp decline. At the same time, Bitcoin is trading in a rather narrow range. At the time of this writing, its price is 6,462 US dollars (-0.61%). Also, the price of XRP fell by -1.77%, and the price of Ethereum fell by less than 1%. It should…
The Royal Mint of Great Britain canceled a plan to issue a gold-backed token in partnership with the Chicago Board of Trade (CME). It is reported by Reuters , citing informed sources. The Royal Mint initiative has not found support from the UK government, which is cautious about cryptocurrency initiatives in legal vacuum. This may also be evidence of a cooler attitude towards cryptoactives from the CME, experts say. The Royal Mint initially announced a plan to bring Royal Mint Gold (RMG) tokens secured by gold to CME in 2016 . 1 RMG would be the equivalent of 1 g…
Sputnik DLT blockchain integrator combined well-known cases of using distributed registry technology in large companies into a unique structured navigator . The CEO of the company Artem Tolkachev informed the BlockchainJournal magazine about this. “Our clients were interested in examples of how blockchain technology is used in various industries, in which companies the solution has been implemented and is already working successfully,” he said. All cases included in the library have been thoroughly studied, analyzed and sorted through a scam filter. The 73 selected projects are systematized by industry and application. “A case library will be useful for individuals and…
In the next 10 years, the capitalization of the cryptocurrency market will increase by 5000% and reach $ 20 trillion, and Bitcoin will give way to other coins. So says the CEO of the consulting company deVere Group Nigel Green. He noted that although Bitcoin became an associate of the cryptocurrency revolution, its dominance in the market will drop dramatically in the next decade. “This is due to the fact that with the widespread adoption of cryptocurrencies, more and more digital assets will be launched by organizations from the private and public sectors. This will increase the competition for Bitcoin…
tokens AION cryptocurrency will move from the blockchain Ethereum to its own blockchain network. Users will be able to change their ERC20 to AION Coin tokens during the migration process. Bitfinex Cryptocurrency Exchange, on the platform of which ERC20 AION tokens are presented, announced that the input and output of digital assets data will be suspended from 10:00 UTC on October 29. Users will receive a new coin in proportion to their ERC20 AION reserves, that is, 1 ERC20 token equals 1 AION Coin token. It should be noted that Bitfinex will not help in converting these tokens a second…
It is possible that Coinbase, the largest cryptocurrency company in the United States, is going to hold an initial public offering (IPO). In particular, CNBC presenter Ran Neuner published this tweet. CNBC Cryptotrader exposes details of the Coinbase IPO pic.twitter.com/YG4UOP3ju8 – Ran NeuNer (@cryptomanran) October 25, 2018 p. "Tomorrow on CNBC in an exclusive material Cryptotrader will reveal the details of the IPO Coinbase," – said in a statement. The files attached to the tweet contain some statistical information about the company. For example: – The number of accounts reached 25 million; – 600 thousand users actively trade on Coinbase;…
The Financial Services Agency of Japan (FSA) plans to set a limit on the size of leverage during crypto-trading in order to reduce risks and market speculation. This is reported by the Nikkei Asian Review . The FSA is considering setting a limit on leverage at 4: 1. Currently in Japan there are no separate rules governing the margin trading of cryptocurrencies. At the same time, exchanges offer clients the opportunity to trade with leverage up to 25: 1. The Nikkei also reports that seven of the 16 licensed exchanges currently offer margin trading. Representatives of the FSA and industry…
Leading US cryptocurrency exchange Coinbase announced in a blog about the support of the new steylcoin from the company Circle. Thus, the digital currency USDC, the value of which is pegged to the US dollar in a 1: 1 ratio, has taken its rightful place on the Coinbase trading platform . Starting from October 23, users of American cryptobirds can buy, sell, send and receive virtual USD Coin coins within the supported jurisdictions. The new coin is available both on the Coinbase exchange and in exchange applications for iOS and Android devices. For a closer look at the USDC cryptocurrency…
Specializing in shares of high-tech companies, the Nasdaq Exchange has received a patent for a blockchain system for publishing news. This is reported on the website of the United States Patent and Trademark Office (USPTO). The document describes the possibilities of using the distributed registry technology for the safe distribution of information with limited publication time. Smart contract technology will allow information to be distributed to specific recipients at a set time. Thus, according to the developers, the blockchain and smart contracts can be effectively used to automate the process of publishing information, making it more secure. Earlier, BlockchainJournal reported…