This year as a whole brought bitcoin investors disappointment. Will October be able to make them happy by giving the “bull” race? This possibility is indicated by many factors. The price of bitcoin in January 2017 was about $ 1000. Observers gave optimistic forecasts, saying that by December the cryptocurrency will rise to $ 3000-4000. However, Bitcoin then jumped to almost $ 20,000. Retail investors became the driving force of the bullish rally, who were excited by the increasing HYIP and jumped into the cryptocurrency express. However, all that rises sooner or later risks falling. Bitcoin has already experienced a…
Author: BlockchainJournal
Bithumb, the largest cryptocurrency exchange of South Korea in terms of trading volumes, has sold over 38% of the company to the Singapore BK Global Consortium. The deal amounted to 400 billion won ($ 350 million), according to CoinDesk . As representatives of Bithumb have confirmed, the corresponding agreement was signed on October 11. By its terms, BTC Holdings Company, which owns 76% of Bithumb’s capital, sold the Singapore company 50% + 1 share, which makes the latter the largest shareholder of the exchange. The investment estimate of Bithumb as a result of the transaction amounted to 1 trillion won…
Coinbase Pro cryptocurrency exchange reported on Thursday, October 11, the beginning of support for the 0x token (ZRX). ZRX is launching on Coinbase Pro! The ZRX / USD, ZRX / BTC, and ZRX / EUR order books have entered transfer-only mode. Traders can deposit ZRX, but cannot place orders or fill orders. Order books will remain in at least 12 hours. https://t.co/SomOUqoXhv – Coinbase Pro (@CoinbasePro) 11 October 2018 Deposit taking started at 10 am on Thursday, California time, and after reaching the required level of liquidity, trading in the ZRX / USD, ZRX / EUR and ZRX / BTC…
October 30-31, 200+ crypto-enthusiasts from 10 countries will celebrate the 10th anniversary of White Paper Bitcoin in Tbilisi Ten years ago, on October 31, 2008, Satoshi Nakamoto published the “white paper” of Bitcoin, a new electronic cash. He challenged the fiat financial system, provoking crises. For 10 years, bitcoin survived and rose to its feet. His success is trying to repeat thousands of cryptocurrencies. Dozens of new millionaires appeared in the world. The blockchain has made numerous middlemen unnecessary. Mankind has received an instrument of getting rid of the power of states and banks over money. A new branch was…
The number of active American users of the Coinbase trading platform has fallen by 80% since last December. This is stated in the study of the venture capital firm Tribe Capital. Coinbase's active customers dropped 80% during crypto price slump, study says https://t.co/OUI6rkCwOo pic.twitter.com/MCWxsqZBTL – Bloomberg Crypto (@crypto) October 11, 2018 Analysts at Diar Ltd. adhere to the same opinion. They analyzed the volumes of US dollars entering the stock exchange and found that the figures decreased by 80% compared to the fourth quarter of 2017. Earlier media reported that Coinbase is in the final stages of negotiations on a…
Bitcoin whales are not the cause of volatility in the cryptocurrency market. This is the conclusion reached by analysts of the blockchain-startup Chainalysis, having studied the 32 largest bitcoin wallet worth $ 6.3 billion. In its study, Chainalysis divided the owners of these wallets into four categories: traders (9 wallets with 332 thousand coins). These are “whales” who actively trade Bitcoin on stock exchanges. Presumably, most of these traders entered the market in 2017. miners and early Bitcoin users (15 wallets with 332 thousand coins). Trading activity in this group is at an "extremely low" level. Nevertheless, in the years…
A recent study by Chainalysis shows that the owners of a large number of Bitcoin cryptocurrencies, also called “Bitcoin whales”, do not cause frequent price fluctuations in the cryptocurrency market. Research company Chainalysis began to study in detail the activities of the largest Bitcoin holders after the publication of the Bloomberg report, which reported that Bitcoin-kit moved more than 15,000 BTC ($ 2 billion), while the price of Bitcoin fell 15% in one month. For this reason, Chainalysis examined 32 Bitcoin wallet, while finding out that the charges of Bitcoin-whales in frequent and strong price fluctuations in the cryptocurrency market…
Startup Pundi X has presented the XPhone blockchain smartphone. Using the device, you can make calls without resorting to the services of a centralized carrier. This was announced by co-founder Pitt Juan in a blog on Medium . For the first time, the Pundi X team showed the possibilities of the blockchain smartphone and made a call using it at the XBlockchain Summit in Bali. Pitt Juan said that the transfer of information during a call is performed using the "integrated data exchange of private and public keys." He noted that the transmitted data can not be intercepted. XPhone works…
Only 1% of Russians are ready to receive the entire salary in Bitcoin. This is evidenced by data from a survey of the Superjob research center, conducted among 1,600 respondents in 288 locations in Russia. In a study, Superjob analysts noted that since the beginning of the year, Russians' interest in digital currencies has declined. In January, 75% of respondents confirmed that they did not want to receive earnings in Bitcoin, in April – 79% of respondents, and in October, 83% of respondents stated this. About the desire to transfer part of the salary to Bitcoin, said 5% of respondents.…
Gemini, the former COO owned by the Nasdaq of the International Securities Exchange (ISE) trading platform, Jeanine Hightower-Sellitto, has taken the post of Managing Operations Director of the Winklevoss Brothers Gemini Stock Exchange, said the official blog of the company. Having worked for 13 years at ISE, Hightower-Sellitto will be responsible for attracting institutional investors and expanding the client services department. “Janine’s vast experience in the financial industry makes it a valuable asset for our organization and users ,” Cameron Winkloss said. Earlier, the post of Technical Director of Gemini was taken by the former head of the information division…