The Chairman of the US Commodity Futures Trading Commission (CFTC), Christopher Giancarlo, once again shared his opinion on Bitcoin and other cryptocurrencies, saying that they will certainly remain in the future. At the same time, he is still not sure that they will be able to compete with fiat currencies. #Bitcoin is a commodity, but how do you characterize the rest? @giancarloCFTC , the man in charge of #Crypto regulation The, Goes on the record. pic.twitter.com/hn2B1UOnGH – CNBC's Fast Money (@CNBCFastMoney) 1 October 2018 Speaking on the Fast Money program on CNBC, Giancarlo also focused on such an urgent issue…
Author: BlockchainJournal
Speaking in the Verkhovna Rada of Ukraine on October 1, a member of council of the party "Movement of new forces" Yuriy Derevyanko demanded at this plenary week in Parliament to consider a bill to legalize the market cryptocurrency and ten years to release digital currency and the mining tax. This is reported by local media. It is a question of Derevyanko's bill No.9083-1 "On Amending the Tax Code of Ukraine Relating to Taxation of Transactions with Virtual Assets". It provides for exemption from taxation of participants in the crypto currency market until December 31, 2029. Speaking in the Council,…
Bitcoin enthusiast named Raphael Hawksley went on an annual trip to 18 countries to collect material for the film about the crypto currency industry. This is reported by BLOCKLR . The trip cost one bitcoin, which he bought in August 2017 for $ 4,724. In December, when bitcoin reached a maximum mark of about $ 20,000, Rafael was close to selling the crypto currency for his own profit. However, according to the traveler, after communicating with the Hong Kong bitkoin veterans, he changed his position. In all countries, it was calculated only by the crypto currency, but in regions with…
From November 21 to 23 in Moscow at the CryptoEvent RIW conference, blockchain experts will sum up the preliminary results of the year and discuss the vectors of the digital economy and cryptoindustry development in 2019. The event will become part of Russian Internet Week and expects over 3000 participants. 90 speakers will discuss draft laws on regulation of the cryptocurrency industry in the Russian Federation, marketing and PR of blockchain projects, ICO as a tool for attracting investments, as well as blockchains in game devs. Among the speakers: Oleg Ivanov, CEO of CryptoBazar Fund; Ivan Petukhovsky, co-founder of the…
The largest crypto-exchange in the world by the daily trading volume of Binance , plans to launch a beta version of its decentralized trading platform by early 2019. This was stated by the head of the company Changpeng Zhao (Twitter). "A productive meeting on the Binance DEX ( decentralized exchange ) has just been held, where the BNB tokens will be natural fuel, and the exchange itself will not control the users' funds. We plan to launch a public beta at the end of this year – at the beginning of the next. Yes, we work on Saturdays, non-stop, "…
According to September data, Bitcoin traded in the range of +/- $ 1500, which is the narrowest monthly trading range since July last year, when BTC was trading at a price of +/- $ 1,095. This Sunday, Bitcoin (BTC) officially completed a 30-day period with a trading range of $ 1,329, with prices varying from a minimum of $ 6,100 to a maximum of $ 7,429. It should also be noted that last month the volume of trading compared to April 2017 was the lowest. Low volatility is often a harbinger of active action, especially if it is accompanied by…
Bitcoin-exchange CEX.io announced its intention to return the support of the seventh capitalization of Litecoin crypto currency. In February 2017, the exchange withdrew LTC from the auction, motivating this decision "low activity" of users, but now declares its readiness to provide new opportunities and upgrade the platform. "Since then, the demand for LTC trades has grown significantly, we are ready to add Litecoin and plan to create an active market in pairs of LTC / BTC and LTC / USD," CEX.io said. It is also noted that now the exchange has a new improved infrastructure with multisig-purses and an optimized…
Financial analyst and former chief strategist JPMorgan Chase, Tom Lee, believes that stabilizing BTC at $ 6000 and two catalysts in the next two months can significantly raise the price of bitcoin. He stated this in an interview with Bloomberg. "$ 6000 is a level that is more important than it seems to us. Earlier this year, we pointed to a mark of $ 6000 as a breakeven point for Bitcoin mining , so this level should be withheld. The fact that BTC remains at this level is very good news. I believe that at the end of the year…
After several months of development, Ripple finally released one of its most promising products – xRapid. According to the company, this product makes cross-border payments more efficient in terms of both cost and speed. At the Swell event in San Francisco, Brad Garlinghouse, CEO of Ripple, made a statement that xRapid is now commercially available and begins working with several clients – MercuryFX, Cuallix and Catalyst Corporate Federal Credit Union. It is worth noting that this is the first time that XRP, a digital asset, will be used in a real commercial application by a financial services provider. This is…
October 10 in Minsk will host a conference Blockchain & Bitcoin Conference Belarus, organized by the international company Smile-Expo. Decree No. 8 "On the development of the digital economy" will be the main topic of discussion at the event. Conference program: Manager for work with customers and partners Bitfury Herbert Shopnik will present a report on the effective use of blockage in the public and commercial sectors of the economy; Senior partner of Thompson & Stein Arthur Kuzmovski will tell you what legal norms apply to the crypto-currency market in European countries; Head of the company Synergis Vladimir Popov will…