The cryptocurrency market has been extremely volatile in recent days, but today the most important coins are traded in different directions. Rising to $ 10,400 last night, Bitcoin is currently valued at $ 10,070. Nevertheless, another positive forecast for BTC is due to the technical indicator. GTI Vera Bands indicator shows good signs This indicator measures upward and downward trends, identifying price patterns, and indicates a surge in BTC . The previous four times, when the BTC fell below the corridor, a rally followed. According to Bloomberg Intelligence analyst Mike McGlone, there are many problems in the global economy that…
Author: BlockchainJournal
Nelson Minier, the head of the Kraken OTC trading division, expressed the opinion that the cryptocurrency market is gradually growing, institutionalizing and becoming similar to Wall Street in the old days. It is reported by CCN. However, according to Nelson, the current Wall Street, associated with the entire US stock market, is no longer what it used to be. “Over the course of my first 15 years on Wall Street […]
Chairman of the House Financial Representatives Committee of the US House Maxine Waters said that her department will continue to study in detail the features of the cryptocurrency initiative Libra from the largest social network Facebook. Congresswoman introduced the agency’s work plan for this fall. The list of tasks, in particular, contains an obligation to continue studying Libra and the Calibra wallet, created by Facebook. The committee also intends to learn the views of […]
According to the head of the Central Bank of Great Britain, Mark Carney, in the future, digital currencies will not only be able to compete with the US dollar, but even displace it from the global market. He expressed his opinion at a meeting of representatives of central banks around the world, which was held in Jackson Hole, Wyoming. The economist believes that the dollar will not be able to remain the head of the world’s currency for long, because new and much more advanced means of payment already exist. He noted that new technologies far surpass traditional financial mechanisms.…
Jeremy Aller, CEO of the Circle project, believes that Chinese digital currency can overshadow even Western payment systems. During a Global Coin Research podcast, Aller said that the Chinese digital version of the renminbi, designed for use on different platforms as a means of payment over the Internet, creates good opportunities for Chinese companies and the state as a whole. Aller believes China’s CDBC has the potential to overshadow the western banking system. The Head of Circle also noted that the internationalization of Chinese June and the desire of the state to expand its economic opportunities are a natural step…
The Polkadot development team has launched an experimental version of the blockchain interaction protocol called Kusama. Kusama CC-1, @polkadotnetwork's tentative experimental canary network, is out! https://t.co/w2EJRyrYEY – Gavin Wood (@gavofyork) August 23, 2019 According to Polkadot founder Gavin Wood, the new protocol combines “cutting-edge technical improvements in management, consensus, and scaling.” Initially, the Kusama network will operate on a consensus mechanism […]
Two years after the activation of Segregated Witness, the share of bitcoin transactions using this protocol reached 61.93%. Segregated Witness (SegWit) was activated on August 24, 2017. The protocol eliminated a number of problems that stood in the way of Bitcoin, opening up opportunities for network scaling, including through the Lightning Network. In particular, with the introduction of SegWit, the method of storing data in […]
Blockchain wallet has partnered with leading payment processor BitPay. Say hello to easier crypto payments ? our latest blog introduces a new way to spend bitcoin on your favorite internet items (think: giftcards .. travel .. jewelry) right from your web or mobile Wallet. Read more here: https://t.co/bnZEleoiMb – Blockchain (@blockchain) August 23, 2019 According to representatives of […]
Britain has always been distinguished by a rather mild attitude towards the cryptocurrency industry, and now it has completely recognized digital currencies as property. The relevant decision was made by the High Court of England and Wales, considering the case of the theft of $ 1 million in cryptocurrency . During the process, the question arose of how to classify Bitcoin, and the court decided to recognize it as property. This precedent can be used in the future as the basis for all subsequent cases related to cryptocurrency. In some countries, owners of digital assets cannot rely on full protection…
According to the results of a survey conducted by BabelFinance, more than 30% of Chinese investors are confident that the price of bitcoin will overcome the $ 30,000 mark in the next 12 months. It is reported by Bitcoin Magazine with reference to the Chinese resource 8btc. Most of the respondents are young, educated, and fairly well-off people, mostly males. 51.8% of respondents are persons aged 26-35 years, 21.9% […]