Tom Lee, co-founder of Fundstrat analytical agency, said investors buy bitcoin when they are confident in a stable economy and geopolitical situation. In an interview with CNBC, the optimistic bitcoin said that the growth of the first cryptocurrency coincided with the best profitability of the S&P 500. According to Lee, bitcoin thrives when the index grows by more than 15% per year. Bitcoin has fallen 12% […]
Author: BlockchainJournal
The issue of legalizing or completely banning the circulation of cryptocurrencies in the Russian financial system will be considered at a meeting with First Deputy Prime Minister Anton Siluanov on September 18, said Anatoly Aksakov, head of the State Duma Committee on the Financial Market, on the sidelines of the Russia Association forum in Sochi. “Next week we have a meeting with the First Deputy Prime Minister on this issue ,” the deputy said. Aksakov noted that in general, the bill on digital financial assets is ready. “In principle, in order to deploy it in one direction or another, we…
Representatives of the cryptocurrency exchange Coinbase reported that next week Coinbase Pro will start supporting DASH, against the backdrop of this news, the coin rate increased by 20%. On September 16th, Coinbase Pro users will be able to top up their account. It is assumed that trading with DASH will start on September 17th. Representatives of all jurisdictions supported by Coinbase will be granted access to DASH, with the exception of New York State and the United Kingdom. DASH will be available in conjunction with USD and BTC. Against the background of the announcement of a major trading platform on…
The Association of Banks of Russia (ADB) made a number of proposals aimed at streamlining the circulation of cryptocurrencies , TASS writes with reference to the organization’s vice president Anatoly Kozlachkov. According to ADB's idea, digital assets should be made available for recovery through enforcement proceedings, bankruptcy or taxation. In the proposed scheme, market agents will provide lenders with services to establish owners of digital assets, Kozlachkov said. The establishment of digital asset ownership is proposed to be carried out in court. After a court decision is made, their owner will be required to provide the keys to the corresponding…
Sources close to the North Korean government said that the country legalized cryptocurrency . Moreover, they revealed the authorities' plans for the development of this industry. The head of the Korea Friendship Association (KFA), which organizes a cryptocurrency conference in North Korea, spoke about the government’s decision. In this regard, the authorities not only maintain constant contact with KFA, but also share fresh details about the status of cryptocurrencies in the country. KFA head Alejandro Kao said all North Koreans were allowed to own cryptocurrency. He also said that the association is now actively working on the creation of cryptocurrency…
Dapper Labs, the developer of the game CryptoKitties, raised $ 11.2 million to create the Flow blockchain, Forbes reports. Investors included Andreessen Horowitz, Digital Currency Group and Warner Music Group. They have acquired stakes in the company, but will be able to convert them into Flow native tokens after approval by the US Securities and Exchange Commission (SEC). The Flow blockchain is focused on […]
Huobi cryptocurrency exchange could become a public company in Hong Kong through the reverse takeover of electronics maker Pantronics Holdings Limited. This is evidenced by the application posted on the site. Soon, the company, whose main shareholder is the Huobi Group, may change its name to Huobi Technology Holdings Limited. The deal on the purchase of 221 million ordinary shares last August cost Huobi $ 77 […]
Against the background of news that Donald Trump is going to ban the use of some electronic cigarettes, representatives of the crypto community began to fear that the same fate would befall cryptocurrency. The decision to ban electronic cigarettes followed after an increase in the number of deaths from the use of smoking mixtures. Recently, 6 deaths were recorded, 450 people were found to have respiratory diseases of varying severity. Electronic cigarettes will disappear from the US market within the next month, in the future they may come back if manufacturers manage to prove that they are safe for people.…
Binance cryptocurrency exchange this Wednesday published an official confirmation of the launch of its futures platforms. Both platforms are available for trading, with which users were invited to familiarize themselves in test mode at the beginning of the month. Platform A will be renamed Binance Futures. Beta access to it now has a limited circle of users who have received referral code. It is proposed to obtain a referral code using one of the following methods : Users who traded on platform A and voted for it will automatically receive a referral code to the email address associated with the…
According to data from the French media, France is going to block the development of the Facebook blockchain project Libra in Europe. A similar position was reported by Bruno Le Mer, Minister of Economy and Finance. He said that the French state cannot allow the launch of the stablecoin proposed by Libra, since the currency sovereignty of European countries could be in jeopardy. According to Arab News, in the framework of the OECD Global Blockchain Policy Forum, which was held in Paris, the minister announced France’s clear position against launching Libra – he noted that under the current conditions Libra…