Investor Max Keyser predicts that this week Bitcoin cryptocurrency rate will rise to the level of $ 15,000 due to the difficulties that arise with the centralized government and in banking. This summer, the crypto community watched the return of the BTC rate to more or less good indicators – as early as the beginning of May, the cryptocurrency cost was $ 5,500, and at the end of June the BTC was trading at around $ 13,000. Max Keizer, the founder of Heisenberg Capital, who began investing in BTC, when the value of the coin was still $ 1, predicts…
Author: BlockchainJournal
The American supplier of cryptocurrency indices Bitwise believes that Facebook 's steablcoin Libra has accelerated the development of the whole industry by 2-3 years. Such a statement was made in a Bitwise letter for investors, published on the company's website on August 1. “Thanks to Libra and Congress, we have just moved into the future of cryptocurrency for 2 or 3 years, speeding up all discussions, debates and discussions among the broad masses ,” writes the head of research Bitwise Matt Hougan. According to Bitwise, against the backdrop of the Libra announcement and the congressional hearing that followed, "people began…
Owners of the acclaimed Apple Card credit card, developed by the eponymous technology corporation together with the investment bank Goldman Sachs, will not officially be able to use the tool to buy cryptocurrency . Cryptobtcmining.com pays attention to this . In anticipation of the launch of the card scheduled for the current month, Goldman Sachs published an Apple Card user agreement on its website. According to the document, users are not allowed to use the card to receive cash loans and cash equivalents, along with “any illegal activity, including participation in gambling on the domestic or international websites or the…
The People’s Bank of China (PoC), which is the country's central bank, intends to accelerate the development of a “legal digital currency”. This is stated in a statement published on the website of the regulator. On August 2, PoC held a videoconference to discuss the main tasks for the second half of 2019. During the event, the regulator also mentioned cryptocurrencies and noted that it is closely following the global trends in this area. Last month, PoC research director Wang Xin said that in light of the upcoming launch of the Facebook project Libra and its potential impact on global…
In the US Securities and Exchange Commission (SEC) there are supporters of the speedy adoption of a law regulating relations between participants in the cryptocurrency industry, but there are still very few of them. Among them, Esther Pierce stands out, who was nicknamed “cryptomama” for constantly requiring the SEC to speed up the work to legalize the blockchain industry . At the end of July, Pierce spoke at a conference in Singapore and told those present about the need to remove the industry from the shadows. "Cryptomam" stressed : “I often express my concern about the fact that the United…
The digital asset exchange OKEx, which is based in Malta, presented a new comprehensive analytical platform that specializes in derivatives trading trends. According to a press release from OKEx, the new platform will allow OKEx users to track real-time data on exchange-traded futures and swap markets, including access to nine major digital currencies, including Bitcoin, Ethereum, Ripple. Analysis of trends in the market will be carried out on such indicators: the ratio of long / short positions, the volume of purchases / sales, trading volume, open interest, basis, the highest average income of traders, as well as the highest index…
During the past months, at least six top managers, including the head of the division, Daniel Matuszewski, left the OTC-platform Circle Trade, reports The Block. So, Matushevsky said he intends to take advantage of "a fundamentally new opportunity in the cryptocurrency industry," although he did not specify what this was about. At the same time, he will continue to work with Circle “on the other side” of trade deals. In the past, he was […]
Analytical firm Elliptic, employees of the Massachusetts Institute of Technology (MIT), and IBM corporation used methods to determine the share of criminal transactions related to the Bitcoin network. So, the researchers studied 203,769 transactions, the total cost of which amounted to about $ 6 billion. It turned out that only 2% of these transfers are related to illegal activities. The share of "net transactions" is 21%, and […]
The cryptocurrency platform Bakkt acquired the developer of custodial solutions DACC for $ 11 million. This follows from the analysis of the financial report of the parent company Intercontinental Exchange (ICE) for the second quarter, reports The Block. So, on the eighth page of the document the amount that ICE spent on the purchases of other companies over the course of six months is indicated – it amounted to $ 352 million. However, the report said that […]
Retail giant Walmart is set to release its own cryptocurrency , which should become Libra's competitor from Facebook, according to the portal Cryptobtcmining.com . Cryptocurrency reached Walmart The plans of the retail giant from the United States said a recent patent called "The system and method of using digital currency through the blockchain." The description of the application directly tells us that Walmart plans to create a classic steablocoin : each token of a future cryptocurrency will be tied to one unit of fiat currency. The cryptocurrency will work on the blockchain , but what it will be is not…