On Tuesday, July 16, information appeared in a number of media that Binance, the leading bitcoin exchange, in terms of trading volumes, intends to open another crypto-fiat platform, this time in South Korea. The first to spread the information with reference to the local press was The Block, which quoted the CEO of Binance Changpang Zhao’s statement to the local press. “We do not know everything yet […]
Author: BlockchainJournal
The crypto community continues to discuss and monitor the dynamics of cryptocurrencies, in particular Bitcoin, after the negative statements of Donald Trump and Stephen Mnuchin. Analysts believe that Bitcoin holds up well and even predict a price take-off in the market. Yesterday, during a press conference that was dedicated to cryptocurrencies and the Libra project, Stephen Mnuchin, the US Treasury Secretary, said that cryptocurrency is a matter of national security. Like the US president, who said on Thursday that he is not a fan of Bitcoin, Mnuchin drew attention to the fact that digital assets contribute to the activity of…
Monero can become the second most popular cryptocurrency after Bitcoin 5 (100%) 1 According to the popular TV host Max Kaiser, only two Bitcoin (BTC) and Monero (XMR) cryptocurrency have great prospects. Kaiser is known as an ardent supporter of Bitcoin. He had repeatedly stated earlier that the BTC would not only soon become the best form of capital preservation , but would also be a symbol of the global revolution. The essence of the revolutionary changes is to create a qualitatively new world, where financial regulators will not have any power over the market, which will be completely decentralized.…
Despite the fact that in recent weeks, Bitcoin does not behave very confidently from a price point of view, its dominance over the rest of the cryptocurrency market continues to grow. So, according to CoinMarketCap, on Tuesday, July 16, the bitcoin index of dominance rose to 66.7%. This was a record since April 24, 2017, when this value was 66.55%. The last peak […]
Russia will introduce a sandbox mode for cryptocurrency and digital technologies 5 (100%) 1 The Ministry of Economic Development of the Russian Federation presented the latest version of the draft law “On Experimental Legal Regimes in the Field of Digital Innovations in the Russian Federation”, or the “sandbox”. The regulatory platform can “shelter” companies that are engaged in a variety of technologies, the use of which has not yet been reflected in Russian legislation. Formally, these are six spheres, although everything can be included in the notion “other”. There was a place in the "main list" and new financial technologies,…
How will the Libra cryptocurrency hearings in the US Senate affect the Bitcoin rate? 5 (100%) 1 Five days ago, bitcoin was trading at about $ 13,000, but last night the price of the leading cryptocurrency dropped to $ 10,000 and for the first time since February 18, tested the 50-day moving average, CoinDesk analyst Omkar Godboul draws attention . The head of the Facebook cryptocurrency project, David Markus, on Tuesday will address the US Senate Committee on Banking, Housing and Urban Affairs, and on Wednesday – before the House Services Committee on Financial Services. Upcoming events may put pressure…
In the run-up to Tuesday’s speech by David Markus, head of the blockchain division of Facebook in Congress, US Treasury Secretary Steven Mnuchin held a press conference at which he stated that the Trump administration had “very serious doubts” about both the digital currency Libra and Bitcoin and other cryptocurrency in general. It is reported by Bloomberg. In particular, Mnuchin said that digital […]
Calibra CEO David Marcus has published a written version of his upcoming speeches in the US Congress. In it, he stressed that the activities of the Libra Association consortium will be regulated by the Swiss Financial Market Supervision Authority (FINMA), and the launch of the Libra project will not take place until the doubts of regulators are resolved. Marcus Testimony 7-16-19 by ForkLog on Scribd “I expect the period […]
The ICON project team presented on the eve an updated commission collection system for users of decentralized applications (DApps). The system "Fee 2.0" allows you to exempt users from paying commissions. Previously, DApps users had to pay for crypto-commissions from the moment they started using ICON services. So, only those users who had a certain amount of crypto funds on their account had access to DApps. This approach complicated the interaction with the service, in particular, there were difficulties with the creation of a wallet and the acquisition of cryptocurrency. Thanks to the new “Fee Sharing” function, DApps operators can…
The US Securities and Exchange Commission is studying Libra's cryptocurrency from Facebook 5 (100%) 1 The SEC commission is studying the structure of the Libra cryptocurrency presented by Facebook to determine whether it has signs of a fund traded on the stock exchange (ETF), writes The Wall Street Journal referring to sources familiar with the situation. If Libra is recognized as an ETF, Facebook will have to contact SEC for permission to launch the tool. According to the WSJ, Facebook has previously contacted the SEC on this issue, but representatives of both sides do not comment on the situation. According…