According to JP Morgan, it is possible that the US dollar will go out of use, and this will contribute to the growth of bitcoin . Gold analyst Jan Neuvenhus tweeted a report from one of the largest banks in the world, JP Morgan. It says that the dollar may "lose its value compared to a diversified basket of currencies that includes gold." Bank analysts cite "a steadily growing deficit in the United States (both in the fiscal and in the trading sector)." ICYMI from JP Morgan: 'we believe the US dollar could become vulnerable to a loss of value…
Author: BlockchainJournal
The creator of the cryptocurrency Litecoin said that he intends to provide financial support to the Litecoin Foundation, despite the not the best state of affairs in the organization. This is written by CoinDesk. According to Lee, whose financial donations from 2017 have been about 80% of the total funding of the Litecoin Foundation, the bear market last year had an extremely negative impact on the organization's position. However, in such a […]
According to the founder and CEO of the consulting company deVere Group, Nigel Green, the mark of $ 10,000 can now be considered the official bottom for the price of bitcoin, according to the business publication London Loves Business. “Looking at the bitcoin charts this year, I believe that the new normal bottom of bitcoin is $ 10,000. A rebound is coming from this level. Bitcoin fell a little lower, but rose again. We saw this on Monday when bitcoin rose to $ 10,500 in just a few minutes , ”said Nigel Green. Earlier in August, the head of the…
A joint expert center for distributed registry technology , created by the Skolkovo Foundation and Waves, began working in the Skolkovo Technopark. The main objective of the Center is to promote the development of blockchain technologies in response to business requests, as well as the development of the market for projects and products based on blockchain technologies in Russia and abroad. Waves Enterprise, a division of Waves , will provide expert and analytical support to the Center in the field of technology development and expanding the scope of the blockchain for solving tasks of the corporate and public sector. It…
The planned Ethereum hard fork called Istanbul can be postponed due to the Parity team’s unwillingness to deploy key upgrades to the Ropsten test network at the indicated time. About this with reference to the words of company representatives Trustnodes writes. Activating Istanbul on the test network should be the last step before launching the update on the main network. However, Parity developer Wei Tang said: “For […]
The popularity of cryptocurrencies has grown significantly over the past two years. More and more investors are pouring their money into cryptocurrency, as a result of which the volume of transactions in this market exceeds already $ 45 billion a day. Liquid cryptocurrency exchange, one of the pioneers in the field of cryptocurrency margin trading, provides its users with the opportunity to maximize profits from trading bitcoins by trading with a leverage of up to 25x. Spot trading remains the main option where purchases and sales of a certain currency are made. Nevertheless, margin trading allows you to achieve greater…
The largest social network Facebook has announced a set of specialists who must ensure that the Calibra mobile wallet and the Libra digital currency comply with legal requirements. It is reported by CoinDesk. In particular, among the published vacancies, there is a specialist who will deal with the analysis of regulatory requirements and the formation of a policy for the implementation of appropriate control. This employee is expected to interact with the Calibra Legal & Political Team […]
The Binance cryptocurrency exchange launches the Binance Lending service, which will allow users to earn money on the unused cryptocurrency located on their accounts. This is stated in the user agreement , which was published today in the exchange support section. Assets provided for use through Binance Lending will be used to finance margin positions . The company notes that it will distribute interest payments in accordance with its own rules, which the user agrees to by participating in the program. In the agreement, Binance also notes that the user is responsible for his investment decisions and compliance with applicable…
In a few days, the Bitcoin network showed a huge surge in transactions; by August 21, their total value reached almost 25 million BTC. According to TokenAnalyst, this is due to a sudden increase in transfers, as if to oneself to the main wallet. This sudden surge in the total value of bitcoin transactions has reached a record high over the past two years. According to Blockchain.com, on August 21 the network showed a result of 24.5 million BTC, which is an incredible increase compared to 966,000 BTC, registered three days earlier on August 18. This is the second largest…
The main analyst at the OKEx cryptocurrency exchange believes that by the end of 2019, the price of Bitcoin (BTC) could reach $ 14,000, especially if central banks around the world introduce economic incentives. Governments in different countries are increasingly concerned about the slow pace of economic growth and how this could affect financial stability in the coming months or years. According to a report published by an OKEx analyst, economic stimulus measures could be a catalyst for the resumption of the upward movement of the BTC. In the United States, they are watching the actions of Federal Reserve Chairman…