Partner of the venture capital firm Blockchain Capital Spencer Bogart is confident that the price of Bitcoin has almost reached the bottom, and this week’s events will form the basis for the rapid growth of the first cryptocurrency and the market as a whole. This is reported by CNBC . “We went down about 70% of the maximum values. Therefore, I believe that Bitcoin has almost reached the bottom, as well as the market as a whole , Bogart shares his thoughts. – At the end of last year, at the peak of the bull market, it seemed to us…
Author: BlockchainJournal
On Change.org it appeared the petition , which refers to the need to make a formal XRP cryptocurrency Summer Olympic Games to be held in Tokyo, Japan in 2020. The petition says that even though the Olympiad is an important event on a global scale, the organizing countries of the event inevitably face a number of problems related to infrastructure, transport and payment systems. “As tourists enter the country, the demand for local currency is rapidly growing, generating long queues at currency exchange offices. This was evident at past events in Beijing in 2008 and Rio de Janeiro in 2016.…
The mayor of the South Korean capital Pak Wonsun presented a five-year development plan for the blockchain-based industries, which also provides for the creation of business parks and start-up financing funds. This is the agency Yonhap . “There is no doubt that blockchain is the key technology of the fourth industrial revolution, which forms the IT industry of the future. I will make an effort to help Seoul become the center of the blockchain ecosystem , ”said Zug during a performance in Zug, Switzerland, which is also widely known as Cryptodolin. According to him, until 2021, the city authorities will…
American rapper and producer, possibly bitcoin-hodler, Soulja Boy dedicated a new song to the first cryptocurrency, CoinDesk reports. The rapper gained worldwide fame in 2007 thanks to the single "Crank That (Soulja Boy)". In his new album Young Draco, the fourth track is called Bitcoin . It tells how Soulja Boy succeeded in investing in BTC. In particular, it is about how he acquired Bitcoin for $ 6000 and subsequently his investment grew to $ 100 thousand, and then to a million dollars. After that, he bought expensive cars and other things that he could not afford before. In addition,…
blockchain Each month, a set of ERC-20 tokens appears in the base of the Ethereum network . As an advertising campaign, companies arrange free distribution of tokens ( Airdrop / Eirdrop ), on which ordinary users can earn a little money. However, just catching all the tokens indiscriminately is a waste of time. You need to decide which of them are of real interest to you. Here is a list of the most attractive tokens that you can get right now. Biocrypt Now BioCrypto Token's Airdrop passes worth $ 0.05. The company's customers have 15 days left to receive their…
According to the results of intense voting on Ethfinex, the MGO token entered the top three and won the placement on the Bitfinex exchange! To overcome the tough competition and get ahead to the token helped the ardent support of the community. The Bitfinex exchange, one of the largest trading floors for cryptocurrency, has been operating since 2012 and has already gained wide recognition in the crypto-community. To be placed on the stock exchange, tokens must participate in the voting on the special platform Ethfinex and get into the top 3. Ethfinex was created solely for these purposes and uses…
The US Securities and Exchange Commission (SEC) appealed to the public for additional comments regarding nine exchange-traded funds (ETFs) based on cryptocurrencies, applications for the launch of which were rejected, but are still being considered. This is stated in the document departments. In August, the SEC rejected applications for Bitcoin-ETF from ProShares, GraniteShares and Direxion, with the assistance of stock exchange operators NYSE Arca and Cboe. The reasons for the failure of the SEC were the shortcomings of the underlying bitcoin futures ETFs, as well as the risks of manipulation in the cryptocurrency spot market. The day after the refusal…
Many people think that there is nothing easier than investing, even when it comes to familiar things, such as stocks of large companies, precious metals or bonds. To engage in this type of activity, you need to constantly keep abreast, as well as in time to buy or sell. Investing in cryptocurrency is fraught with difficulties, and each has its own characteristics. Buying and storing popular coins is just the tip of the iceberg. There are other cryptocurrency investing tactics that may be more effective. Below will be considered the most popular among many traders. It should be noted that…
Circle Internet Financial Ltd, supported by banking giant Goldman Sachs, launched a new feature for its cryptocurrency investment application Circle Invest, dubbed “Collections.” This feature gives customers the opportunity to invest in one or more collections of cryptocurrency assets, each of which is divided according to a specific theme: “Platforms, payments and confidentiality”. The company presents the tool as a simplified way for investors to focus their portfolio on several coins, depending on the specific functionality of their own choice. After selecting a collection category, users can invest in the entire category in just one transaction. This news shows that…
The head of Coriolis Technologies, Rebecca Harding, is confident that the giants of the banking industry are ready to work with cryptocurrencies, but they are stopped by legal uncertainty in this area. This is reported by Coindoo . Rebecca Harding heads the technology company serving the largest institutions in the world of traditional finance. According to her, most financial institutions "have a healthy curiosity and skepticism" in relation to digital currencies. She also noted that financial companies are beginning to realize the need to invest in crypto and blockchain space. However, they are currently waiting for the moment when legislators…