From mid-June, Bitcoin managed to fall in price by several thousand dollars and plunge many novice investors into panic. The cryptanalyst under the nickname FilbFilb tweeted a detailed explanation of why newbies should not be afraid of the sudden subsidence of the main cryptocurrency. Cryptocurrency market will not fall even lower Recall that in 2018 FilbFilb fairly accurately predicted a new local bottom, formed after the longest downtrend in the history of Bitcoin. Now the analyst has declared that miners will not allow a serious fall in the main cryptocurrency. In 2018, miners sold bitcoins almost at cost, that is,…
Author: BlockchainJournal
Leading in terms of trading volumes, the Binance cryptocurrency exchange unexpectedly discovered 9.5 million XLM tokens (about $ 849,000), earned by it through staking. Now the company decided to distribute them to its users. #Binance Will Support @StellarOrg ($ XLM) Staking & Launch 9,500,000 XLM Initial Staking Reward Airdrop. Users holding XLM on Binance can expect to receive a […]
In the first hours of the trading session in North America, on Thursday, July 18, the price of the first cryptocurrency rapidly went up and in about half an hour rose to the levels above $ 10,400. APDATE: at 16:10 UTC, the bitcoin rate rose above $ 10,500. minutes the price reached $ 10,650. At the beginning of the day, bitcoin was trading in the corridor […]
Formally considered a decentralized cryptocurrency exchange, the International Distributed Ethereum Exchange (IDEX) announced that the previously announced process of mandatory user verification will start on July 24th. Starting from that date, a 30-day transition period will begin, during which all wallets working with IDEX will be able to continue to carry out unlimited transactions and withdraw funds up to $ 5,000 without having an account and verification […]
Mining equipment manufacturer Bitmain launches training courses 5 (100%) 1 Representatives of Bitmain officially announced the launch of training courses Ant Training Academy on conducting mining cryptocurrency . ATA courses were designed to train mining farms in maintenance, installation, operation, problem solving, and repair of cryptocurrency mining equipment, said Jiang Zhihua, Director of Bitmain International Marketing: “Until now, education in the maintenance of miners has been limited to advice from industry participants on how to reflash equipment. The Ant Academy, which implements Bitmain's commitment to improving cryptocurrency mining standards, contributes to the development of sustainable skills and increased confidence in…
Today, the team at the Binance trading platform announced the expansion of the list of digital assets available for margin trading. Binance users will now have access to EOS and LINK, assets are available in EOS / USDT, EOS / BTC, LINK / USDT, LINK / BTC pairs. In addition, users of the popular crypto exchange gained access to the borrowing of BNB assets, owners of Binance accounts can open short positions on their own Binance token. The lack of such a possibility caused discontent among the crypto community, while the company tried to protect BNB from selling pressure. Binance…
How was the first hearing in the US Libra cryptocurrency Senate from Facebook 5 (100%) 1 Facebook will only integrate its own Calibra cryptocurrency wallet into Messenger and Whatsapp applications and will refuse similar third-party initiatives. This was announced by Calibra head David Markus during today's hearing of the US Senate Committee on Banking, Housing and Urban Affairs, writes TechCrunch . Libra cryptocurrency will be compatible with other wallets, thanks to which users will be able to transfer their funds between them and, if desired, switch completely to a competitor's solution. At the same time, restricting integration into Facebook’s own…
IMF believes that cryptocurrencies and stablebcoins can replace traditional money 5 (100%) 1 Researchers from the International Monetary Fund (IMF) concluded that “cryptocurrency assets and other forms of electronic money” can one day replace fiat money and make deposits in traditional banks irrelevant. The IMF research paper presents a number of different scenarios where cryptocurrencies and steylcocoins (“electronic money”) can trigger serious disruptions in banking systems. The document claims that in future, fiat money will face stiff competition from electronic money denominated in euros, dollars or yuan. Stablecoins are becoming more and more popular forms of electronic money. Money in…
Regulator of France officially approved the work of the first cryptocurrency companies 5 (100%) 1 The French authorities have begun licensing companies representing the cryptocurrency industry. It clarifies the agency Reuters, several crypto companies have brought their activities under the tax and administrative standards in force in French jurisdiction. The regulator in the person of the Financial Markets Authority (FMA) has approved the work of these startups, and now they will be able to start services and serve local businesses and private clients. The representative of the Ministry, Anna Marechal, said that the French authorities are striving to introduce such…
Exit scam (exit scam) – what is it and how to define it? Investor tips 5 (100%) 1 Enter the word cryptocurrency in Google search, and you will probably stumble on at least a couple of articles related to exit scam. What is it and how does it work? Let's try to figure it out. Simply put, exit scam (exit scam) is a fraudulent practice in which the ICO project collects money to finance development, and then disappears with investors' funds. To this end, fraudsters, as a rule, develop cryptocurrency with global goals that cannot but attract users. Then, having…