On September 20, the former executive director of Goldman Sachs and the manager of the Fortress Investment Group Michael Novograts said that the bitcoin market had reached the point where it pushed off the bottom. Michael was not the first to be optimistic about krypto. He made this statement at the All Markets summit. Mike Novogratz participates in indexing of Crypto-currency In current realities, the market capitalization of the crypto-currency market exceeds 215 billion US dollars. At the moment at a price of 6 700 dollars for a coin, BTC is the most valuable digital currency. In the second quarter…
Author: BlockchainJournal
Hacking Zaif was the reason for toughening control over the market by the financial regulator of Japan, reports Reuters . The first measure taken was administrative sanctions against the stock exchange and its operator Tech Bureau Corp. The Financial Services Agency (FSA) has expanded the list of requirements for the latter, pointing out the need to identify preventive measures and search for the organizers of the theft. Shortly before that, researchers of the Japanese financial company Tech Bureau Corp could not provide details of the theft of $ 62 million from the Zaif crypto exchange at the request of the…
30% of London residents plan to invest in crypto-currencies , which is more than twice the national average (13%). The survey was conducted by Atomik company under the order of Rathbone Investment Management, the number of respondents was 1503 British adults from different parts of the United Kingdom. Director of Investment Rathbone IM Robert Hughes-Penney (Robert Hughes-Penney) connects the increased interest in crypto-currencies with the growth of the price of digital funds in 2017: "The large incomes that early crypto investors received were made public. And they were joined by others, also eager for profit. " According to the survey,…
At 6 o'clock on Tuesday, the TOP-10 crypto currency market is in a downward trend. Bitcoin demonstrated a reversal downward, having brought down all yesterday's growth predictions. During the day, the asset lost -3.83% and is traded at the price level of $ 7,450 . Altkoins traditionally rushed into the depths ahead of each other. In the top five, as in the TOP, the leader of the fall today is Ripple with a dynamics of -18.52% . Also, the 10% threshold was overcome by EOS -10.51%. Below this threshold Ethereum Bitcoin Cash with dynamics -9,76% and -7,53% while keep .…
Prosecutors of the Southern District of Seoul accused two executives of the South Korean exchange Coinnest of taking bribes in exchange for a coin listing. This is written by Bitcoin.com with reference to local media. According to local media resources, executive and operational directors of Coinnest's crypto-exchange were given bribes totaling 1 billion yen (approximately $ 890,000). The main crypto currency, figuring in the case, was bitcoin. The bribe was transferred by representatives of the project, wishing to "push through" the Coinnest listing of the so-called S-coin. The project director was also charged. It is known that the first part…
The number of companies ready to fully implement the xRapid payment product is growing. Ripple created xRapid to give financial institutions a real-time solution that uses XRP to increase the speed and liquidity of cross-border payments. Chris Larsen, one of the co-founders of Ripple, recently talked about how to apply this technology, using as an example a payment from the US to Mexico. 7 Ripple Partners Ready to Use xRapid Bittrex, Bitso and Coins.ph have confirmed that they will use xRapid to increase the speed of cross-border payments and reduce the cost of such transactions. Mercury FX is also among…
The market of ritual services is not very receptive to innovative technologies, because it exists on the verge of sacred and profane. The delicacy of the theme of death, its cultural and religious aspects require the observance of the boundaries of morality and social censorship, and the affective [under the influence of strong emotions – approx. BlockchainJournal] saturation of the market ultimately determines the monopolization of the funeral industry at the level of creating combines with a full cycle of production and sale of ritual products. It is almost impossible to imagine how the world decentralized market of ritual services…
The Dubai Finance Department (DoF) will partner with the Smart Dubai Office (SDO) to launch a payment system based on Blockchain technology. A new platform, called "Payment Reconciliation and Settlement", was officially launched on Sunday, September 23. It is reported that it is targeted at government agencies such as the Dubai Police, Road and Transport Authority (RTA), the Dubai Health Authority (DHA) and others. According to the source, DoF and SDO intend to use the system for a more precise and transparent management process, as well as for real-time payment inside and between government agencies. It is reported that the…
Yesterday Bitcoin depreciated more than 2% compared to the US dollar. The pair BTC / USD during the Asian trading session consolidated in the short term between the upper level of $ 6688 and the lower one at $ 6722. Further, Bitcoin fell to $ 6,580 at the beginning of the European trading session. Since that time, BTC / USD is trying to return to higher positions. At this point in time, BTC is trading at a price of $ 6659. BTC / USD expects to either consolidate sideways in the medium term, or continue its decline relative to the…
The Italian football club of the Major League Juventus announced the launch of its own crypto currency for fans two weeks after a similar announcement from the Paris Saint-Germain club. The Italian club intends to release its "Official Token" in the first quarter of next year in partnership with Blockchain-platform Socios. Like the French club Paris Saint-Germain, who earlier this month revealed his plans, Juventus aims to use a commodity asset, mainly for the fans of the club. Currently, the club ranks first in Italy, and the second in the whole world, and the number of fans is reportedly over…