The popular cryptanalyst DataDash on YouTube predicts that Bitcoin (BTC) will reach $ 15,000–20,000 in the next couple of weeks. Surely, this forecast will cause excitement in the crypto space. Nicolas Merten, a young investor with libertarian views, believes that bitcoin is gradually becoming a hedging tool during global liquidity crises: “I believe that in a few weeks the range [from $ 9,000 to $ 12,000] will be a huge discount, then we will begin to gain momentum and perhaps move on to $ 15,000, $ 18,000, or $ 20,000. I think that’s exactly where we are going, and the…
Author: BlockchainJournal
Mike McGlone, an analyst at Bloomberg, believes that in the near future an explosive increase in the Bitcoin exchange rate is unlikely to happen, since it is very clear that cryptocurrency has entered a phase of long-term consolidation. McGlone does not expect that the cost of BTC will increase significantly even for the halving, which will take place in May 2020. So, the analyst practically does not believe in the possibility of an “aggressive” and long-term growth of the flagship cryptocurrency exchange rate while other analysts make extremely optimistic forecasts. Bitcoin to the Moon Soon? Volatility Measure Shows It's Unlikely…
CRYPTO BITLORD, a crypto enthusiast and frequent patron on Twitter, published a petition on Change.org urging Ripple to stop merging XRP tokens, dropping their price. ? Nearly 1000 signatures! ? “Stop ripple dumping $ XRP“ If you haven't joined the cause, do so now ✅ You can help stop the selling and together, we can pump this shitcoin to […]
The anonymity of cryptocurrencies and their lack of control are a thing of the past – regulators introduce strict requirements for cryptocurrency exchanges to comply with KYC / AML procedures and strive to completely control the market. Gradually, it comes to taxes. So, on Tuesday, the UK Revenue Service (HMRC) requested from cryptocurrency exchanges Coinbase , eToro and CEX․IO user data and the history of their transactions. And in June, the U.S. Internal Revenue Service (IRS) sent 10,000 letters to cryptocurrency holders warning them to pay off tax arrears. Mining-Cryptocurrency.ru figured out what are the main difficulties with building an…
At least 4,836 BTCs stolen from the Binance bitcoin exchange were washed through the Chipmixer bitcoin mixer, according to a report by Clain, the supplier of KYC / AML solutions for the cryptocurrency industry. Binance Hack 2019 – A Deep Dive Into Money Laundering And Mixing. https://t.co/WydBPVNqp2 – clain (@clain_io) August 7, 2019 So, hackers began to launder funds on June 12 – a month after the sensational hack, in […]
A subsidiary of the American project Robinhood, which introduced its own crypto trading application, has received permission to act as a broker in the United Kingdom. Robinhood International, a subsidiary of Robinhood, has received approval from the UK regulator FCA (Financial Conduct Authority). A permit from FCA will allow the company to open access for British users to a popular investment platform that was previously only available to US residents. According to reports from the company, the Robinhood team in London is actively growing, the company continues to search for employees. It is known that Vander Rutgers, who previously served…
North Carolina congressman Ted Budd re-introduced the Virtual Value Tax Fix Act bill to the House Committee on Budget, which proposed removing cryptocurrency transactions from double taxation. The relevant document is posted on the website of the US Congress. So, Budd believes that the Internal Revenue Code (1986) needs to be amended according to which digital currencies […]
Analyst Willy Wu is inclined to believe that the Bitcoin exchange rate will no longer return to the level of $ 6,000, at least in the near future. The trader associates his theory with his new technical indicator, which was called the “BTC difficulty tape”. Wu claims that the capitulation of miners, which he expects in 2020, along with the BTC halving next May, will trigger the growth in the value of the flagship cryptocurrency. In a conversation with trader Ton Weiss, Wu explained that the BTC difficulty tape unfolded in December last year when BTC reached $ 3,200. Then…
Non-custodian exchange Binance DEX will soon begin to support five new stablecoins, which are provided with fiat currencies. The issuer of the coins is TrustToken, supported by venture firm Andreessen Horowitz. The launch of all five stable coins, namely TrueUSD, TrueGBP, as well as TrueAUD, TrueCAD and TrueHKD will take place on Binance Chain, the exchange’s native blockchain. Prior to this, stablecoins were available in the ERC-20 format (Ethereum). This solution will enable Binance DEX users to access even more digital assets, as well as new trading opportunities. In addition, this step should simplify the transfer of funds between crypto…
A hacker under the pseudonym Bnatov Platon claims that he was able to track down attackers who hacked the Binance bitcoin exchange in May. According to him, access to the API of users was provided to them by a person inside the company, whom Platon also identified. At the same time, the hacker supposedly has 60,000 files with the KYC data of Binance users. All this was found out by CoinDesk, which Platon […]