Despite the fact that reputable exchanges have recently increased trading volumes, dubious trading platforms continue to dominate the market, whose approaches to meeting regulatory requirements and ensuring user safety are far from the standards set. This conclusion is contained in the latest study of the analytical portal CryptoCompare. So, according to the recently launched Exchange Benchmark rating system, in July […]
Author: BlockchainJournal
Crypto-skeptic Peter Schiff believes that Bitcoin cryptocurrency will never be able to reach the level predicted by many analysts – $ 50,000. On the eve of Peter Schiff, who is known for his hostility to Bitcoin, said that in the future the price of gold will definitely reach $ 5,000. Schiff commented on the recent conversation between Joe Kernes, CNBC spokesman, with Anthony Pompliano, a well-known investor and the head of Morgan Creek Capital, during which the investor said that in the future BTC will take pride of place in each institution’s portfolio. Schiff recalled that before the crisis that…
Christopher Berniske, a representative of Placeholder VC who invested in Bitcoin, Ethereum and some other cryptocurrencies, noted that it is currently profitable to invest in ETH, since the cryptocurrency has the potential for the same growth that has occurred with BTC over the past 4 years. In his Twitter blog, investor Berniske talked about the suggestion that Ethereum is currently experiencing its first major bearish trend. Berniske compares this period with the period when the price of BTC –2014-2015 rose. He noted that those players who were negative about BTC, guided by certain doubts of their own, were blinded and,…
Against the background of another drop in the price of bitcoin, after which the majority of the leading altcoins went into the “red zone”, the cryptocurrency “fear and greed index” fell to a record low value of 5 points. The specified index was developed by the alternative.me portal, the authors of which declare that when compiling it, they analyze such factors as volatility, market dynamics, trading volumes, social media trends, data of various […]
Bitcoin mining is the most important driver for the development of the crypto world. At the beginning of the last full week of August, the combined SHA-256 hash between the Bitcoin and Bitcoin Cash networks exceeded 91 exhash per second. This record is due to the fact that modern ASIC miners began to work in the fields, among which stands out Microbt Whatsminer M20S from Pangolin, which is capable of generating 68-70 terahash per second. Power consumption is about 3.36 thousand watts, and also has a significant high noise level (about 75 decibels). In 2019, the main manufacturers of equipment…
The cryptocurrency market can be divided into spot trading and trading in derivatives, or derivative financial instruments. Today we will tell you what cryptocurrency derivatives are and how they can be used. What are derivatives? A derivative or derivative financial instrument is defined as a financial contract between two or more parties that want to buy or sell an underlying asset at a set price in the future. The value of the contract will be determined by changes in the price of the underlying asset. Derivative contracts can have anything as their underlying asset: ordinary currencies, cryptocurrencies, goods, bonds, stocks,…
In the expert community, many share the view that the reduction of the bitcoin miners' reward in May 2020 or the so-called halting in the BTC network will trigger a coin take-off to a new maximum. A study by Digital Asset said that BTC will gain at an aggressive pace because halving will reduce mining profitability . This will lead to a reduction in coin production and the subsequent onset of a BTC deficit in the market, which will fuel demand. Analysts have built a model for changing the value of bitcoin in anticipation of a halving, from which it…
Tether Limited intends to issue CNHT stablecoin, which will be tied to the value of Chinese national currency. The intention of Tether became known from Zhao Dong, a shareholder of the Bitfinex crypto exchange. Dong has already announced that his digital bank RenrenBit will invest in a new crypto project. It is also known that Tether works closely with the Bitfinex crypto platform – according to the data, the same team is engaged in the development of certain projects. By the way, recently Bitfinex and Tether fell into the same scandalous story. In April of this year, the New York…
Anthony Pompliano, an ardent bitcoin enthusiast and cryptocurrency supporter, said during an interview on CNBC that bitcoin will eventually become the main one and will be in the portfolio of every institutional investor. Regulators hold back the spread of bitcoin Anthony Pompliano is a co-founder and partner at Morgan Creek Digital, an SEC-approved cryptographic institution that provides investment advice and cryptocurrency management services to institutional clients. [embedded content] The expert shared his views on the most important issues about the introduction of bitcoin into the global financial system and the disadvantages of decentralized cryptocurrency regulation. According to Pompliano, the widespread…
On August 22, the Kraken cryptocurrency exchange will add Waves and Basic Attention Token (BAT) coins to the listing. Kraken is listing BAT and WAVES starting August 22. More details here: https://t.co/bfgGVthzP6 – Kraken Exchange (@krakenfx) August 21, 2019 According to the announcement, the input / output of new assets will be available from 13:30 UTC. At the same time, it will be possible to place orders on […]