Connect with us

News

In France, a cryptocurrency GJCO appeared free from central banks and the government

Published

on

Yellow vests (Mouvement des Gilets jaunes) is a spontaneous protest movement in France, which appeared at the end of 2018 and was named so because of the reflective yellow vests used by participants of the demonstration to identify participants.

Initially, the cause of the demonstrations was the increase in the price of fuel (due to the increase in the price of petroleum products), then the demands of the participants expanded to the resignation of French President Emmanuel Macron. The movement is rapidly gaining momentum, acquiring a political coloring. He is openly supported by several leaders of political parties and political movements. Recently, the movement has gone beyond the borders of France and affected the UK, Germany, Belgium, the Netherlands, as well as the overseas region of France Reunion.

The protests, in which, starting in November, hundreds of thousands of people took part, resulted in riots: acts of hooliganism, vandalism, robbery, which led to the death of several people and numerous arrests.

According to the Ministry of Economics, the protest movement has already caused damage to the French economy in the amount of at least 2 billion euros.

In response to the protests, on December 10, French President Emmanuel Macron announced the introduction of the state of emergency and social status in the country, and also announced that the government was taking a number of measures: raising the minimum wage by 100 euros, exempting the tax from the year’s results, canceling tax on overtime working time, fiscal benefits for low pensions, freezing of gas and electricity tariffs, waiver of environmental tax on motor fuel.

Economists estimate that, in general, the package of measures will cost the treasury about ten billion. In the "yellow vests" circles, many accepted the presidential package with satisfaction, but they do not refuse to make new demands.

December 15, activists of the movement of "yellow vests" are preparing to enter new demonstrations throughout France. Preparations for them were conducted on Friday until late evening in Marseille, in Toulouse, in Lille, in Paris and in other cities.

As it became known, the protest movement creates its own cryptocurrency – GiletJaunceCoin (GJCO), that is, the “coin of the yellow vest”. This is quite a logical step on the part of the protesters who do not accept the dominance of central banks and the government.

The slogan of the website of the new cryptocurrency is the call “we will return ourselves freedom!”. According to the site, the GJCO token is “easy to use and can be used for transactions between participants in the movement of“ yellow vests ”or people who want to support a legitimate battle against the European oligarchy.” The creators of the token note:

“By providing the infrastructure necessary for the widespread use of GJCO, we are helping“ yellow vests ”around the world to create a parallel economic system during the struggle for economic freedom.”

These declarations seem to have something in common with the thoughts expressed in the official declaration of the “yellow vests” movement:

“The decisions of our politicians, who have sold themselves to greedy bankers, have a negative impact on the quality of life and freedom of citizens of European countries, who are increasingly worried about the future of their children and grandchildren. The current European and global banking system, which has been collapsing since the 2008 economic crisis, is close to an inglorious end.

The European powers, with the help of the European Union, are forcing people to finance this “zombie system”, trying to bring the people to their knees. The French, known for their revolutions and courage, initiated a global social protest movement, which will end only when the existing social and economic institutions are completely transformed. ”

It should be noted that it is not yet clear how viable the new cryptocurrency is. Time will tell whether there is real demand for it. As of December 16, the cryptocurrency website www.gilentjaunecoin.com is unavailable.


News

OKEx is going to launch futures on Tron on May 20,

Published

on

OKEx Crypto Exchange announced the launch of futures contracts for Tron (TRX). A new financial product will appear on the trading platform already on May 20 at 10:00 Moscow time.

Justin Sun, CEO of the Tron Foundation, said that with the launch of the OKEx futures platform on the TRX, the number of transactions with a digital coin will reach 15 million per day. Note that on the eve of the network appeared information that the daily number of users of the platform of decentralized applications from Tron reached 100 thousand, exceeding the achievements of Ethereum and EOS.

The Tron project token currently occupies the 11th position in the cryptocurrency rating in terms of market capitalization. Recently, TRX was listed on the P2PB2B crypto exchange, and the number of smart contracts in the Tron-blockchain reached almost a thousand.

OKEx futures will be settled on a weekly, fortnightly, and quarterly basis. The maximum allowable shoulder size for this derivative is 20x. The new tool will combine data for the TRX / BTC pair, taking into account the performance of three crypto-exchanges – Binance, Huobi, OKEx.

TRX futures

By the way, this week the team Tron left Lucien Chen, technical director of the project. He explained his departure to the fact that TRX is no longer decentralized, now Chen is going to develop his own project, the Volume Network (VOL), which will strive to achieve the goals that were moved to the Tron Foundation.

Continue Reading

News

The Central Bank of Great Britain for the first time recognized the huge potential of Bitcoin

Published

on

For the first time, a representative of the Central Bank of Great Britain commented positively on cryptocurrency and Bitcoin , in particular.

For a long time, the British financial regulator spoke extremely negatively about Bitcoin and doubted its reliability as a form of capital preservation.

For example, at the end of April, the Deputy Head of the Office for Markets and Financial Affairs of the Central Bank of the Kingdom, Dave Ramsden, reaffirmed the negative attitude of the regulator to the cryptosphere.

However, this week, the chief economist of the British Central Bank Andrew Haldane, during his speech to the students for the first time, acknowledged not only reliability, but also the gigantic prospects of Bitcoin. In his opinion, the largest cryptocurrency will be able to completely replace cash in the next 20-30 years.

Haldane said that he was following the development of the cryptocurrency industry and was aware of the existence of thousands of coins. Nevertheless, despite the fact that for the first time one of the influential employees of the British Central Bank noted the growing value of Bitcoin, the position of the regulator’s management is unlikely to change anytime soon, analysts say.

But it is quite possible that, following the chief economist, many other senior officials of the Central Bank will reconsider their position, and this will create conditions for the British Bitcoin regulator to be fully recognized as a reliable payment instrument.

Publication date 19/05/2019
Share this material on social networks and leave your opinion in the comments below.


Continue Reading

News

OKEx Exchange will launch TRON

OKEx cryptocurrency exchange announced the launch of TRON (TRX) cryptocurrency futures. TRON (TRX) futures trading will be available from 08:00 May 20, 2019 (CET, UTC + 1). Details as follows: https: //t.co/344ykd3iGi – OKEx (@OKEx) 17 May 2019 p. The new financial instrument will be available for trading on Monday, May 20. The following are the specifications of the TRON futures: […]

Published

on

cryptocurrency futures

OKEx cryptocurrency exchange announced the launch of TRON (TRX) cryptocurrency futures.

The new financial instrument will be available for trading on Monday, May 20. The following are the TRON futures specifications:

Derivatives calculations will be made on a weekly, fortnightly and quarterly basis. The maximum possible shoulder size of this futures is 20x. The instrument will be based on data on the TRX / BTC currency pair from OKEx, Huobi and Binance exchanges.

OKEx also reported that more than 557 million OKB tokens were purchased and burned this week. Since the start of the program (May 4, 2019), more than 1 million native tokens of the exchange have been destroyed.

Recall the other day TRON support announced Opera browser.

Follow BlockchainJournal on Twitter !

<< aside id = "unisender_subscribe_form-10" class = "widget unisender_form">

BlockchainJournal.news

BlockchainJournal.news

Continue Reading
Advertisement

Name Price24H (%)
Bitcoin (BTC)
$7,915.00
7.52%
Ethereum (ETH)
$254.55
6.90%
XRP (XRP)
$0.405027
7.31%
Bitcoin Cash (BCH)
$396.70
9.87%
EOS (EOS)
$6.29
5.77%
Stellar (XLM)
$0.139978
4.27%
Litecoin (LTC)
$93.42
7.39%
Cardano (ADA)
$0.085595
4.94%
Tether (USDT)
$1.00
0.03%
Monero (XMR)
$86.64
5.58%
Advertisement

Trending

Copyright © 2018 blockchainjournal.news