January 23, 2020

Institutional Investors Play Against The Market, BTC Price Resist

Throughout the past week, you could observe a fairly intense increase in digital market pricing. The #1 digital currency has shown an impressive rise of a thousand greenbacks. And even the dying altcoin performance again appeared on the chart with an increase in price. Although it was expected and predictable, the cost of cryptocurrency is an unpredictable thing. And on Monday of this week, Bitcoin entered a position with a value of about $ 8650, which means that its value fell again by 5%. Opinion leaders in the cryptocurrency environment believe that the cost of $ 9,000 for Bitcoin is

January 23, 2020

Can stablecoins be recognized in traditional financial systems?

Christine Madeleine Odette Lagarde (President of the European Central Bank) quite recently, at the end of 2019, supported the idea that stablecoins are  the opportunity for crypto business to succeed, moreover, institutions should not be on the side of all digital assets, but rather take the initiative. Certainly stablecoin is not a Bitcoin, it is  a common name for cryptocurrencies, but importantly, they are subject to fewer fluctuations, in contrast to typical digital currencies. Nevertheless, from the fact that they are tied to stocks of ordinary currencies, and even physical units, they can be recognized in traditional financial systems The

January 23, 2020

The Reasons Why Bitcoin Options Won’t Break Crypto Market

The Reasons Why Bitcoin Options Won’t Break Crypto Market If Options Trading affected traditional markets and made traders to reconsider their strategies, cryptocurrency traders don’t face such issues. It is possible to see how Bitcoin Options are gaining their popularity, especially after the CME Group launch. Over the last two years, many traders change their direction from Bitcoin Futures to Bitcoin Options. Bitcoin Options – How They Differ From Bitcoin Futures The main difference between options and futures is obligations. If both parties are obliged to fulfill their conditions when concluding a futures transaction, for example, one side decides to

January 23, 2020

National Cryptocurrencies Is Not a Joke Anymore

Why National Cryptocurrencies Is Actually a Good Idea The central banks of Canada, Great Britain, Japan, the European Union, Sweden, and Switzerland can share their experiences on possible options for using national digital money. The Bank for International Settlements (BIS) announced the creation of a working group with the central banks of the European Union, England, Sweden, Switzerland, Japan, and Canada. Regulators will explore the possibility of using national cryptocurrencies (CBDC) – economic, functional and technical options, and exchange knowledge about the new technology. The group will work together with relevant institutions and forums, in particular, the Financial Stability Board

January 22, 2020

How Ripple Products Launches May Affect the Market

XRP: what is it? Under the current conditions, the launch of Ripple attracted enough attention, based on the fact that the volatility of this cryptocurrency, as well as movements on the price chart, showed rather promising results. XRP is a cryptocurrency that was created to increase the speed indicators for cross-border payments and transactions. It is also worth noting that Ripple, like Bitcoin, is a cryptocurrency that has shown impressive performance over the past year. This result was achieved through a partnership with some of the largest banks in the world. One of the reasons why Ripple is an attractive

January 22, 2020

Vodafone & Libra – It’s Over

Why did you need to leave the Association? The main reason for the emergence of a large mobile communications organization was the decision to switch to the needs and development of their organization directly, namely to focus on the digital payment M-Pesa. Representatives of the cellular company themselves have repeatedly drawn attention to the fact that their goal is to contribute to expanding financial accessibility, which they will be able to achieve faster with the help of leaving the Association, especially thanks to the services provided by Libra, which they will continue to use. After all, Vodafone is a famous

January 22, 2020

How Old Do You Have To Be To Buy Bitcoin?

When people hear about Bitcoin investing or trading, they don’t think about the age instantly. However, if you are young and want to explore the cryptocurrency world, such an issue may occur. If you are interested in cryptocurrency trading or investing, of course, you have to be an adult. Nonetheless, regular users are no limited to mentioned options, as in most cases, they just want to buy Bitcoin without further activities. Currently, any user may have various options to purchase cryptocurrencies. Indeed, most people think about exchanges. Fortunately, this is not your only opportunity to interact with cryptos.  Today, we

January 22, 2020

Proof Of Key – Everything You Should Know about The Principle

The Proof Of Key Principle For two consecutive years, a large-scale event has been taking place in the crypto community that helps expose insolvent exchanges. The action helped protect the assets of some users and seriously hit the reputation of several platforms. In 2018, one of the Reddit users under the nickname Sotashi invited the entire community to withdraw all bitcoins from exchanges on the same day, and then return them. These actions would help to understand whether all assets are really in place and expose sites that cannot be trusted. At first, the idea was supported by the famous

January 21, 2020

Young Hacker Has Stolen $50 in Crypto via SIM-swapping

In 2018, a hacker attack was made on a cryptocurrency fund, as a result of which an 18-year-old teenager from Canada, Samy Bensaci, was detained. The incident occurred in the United States, and partly Canada concerned cryptocurrency holders. The answer to this situation was the words of one of the cops. It was precisely such a group of hackers who were responsible for the theft of “$ 50 million from our neighbors in the south and $ 300,000 in Canada.” And quite recently, it became known that this particular guy is accused of fraud in fraud associated with the exchange

January 21, 2020

Bitcoin Price: The Trigger to Unlock New Highs Can Be $9,200 Level

Bitcoin Price: The New Factors to Open Surge Price Possibility A multiple rise in the price of a coin will occur if its price overcomes the resistance of $9,200 and $14,200, according to an analyst Poppe and cryptocurrency trader Nebraskan Gooner. Otherwise, the cryptocurrency rate will enter a phase of long-term decline. Bitcoin can go up to $75,000, wrote a trader and founder of LeveInvest, Nebraskan Gooner, on his Twitter account. He made such a conclusion, based on previous fluctuations in the rate of the first cryptocurrency. The expert noted that every time the price of Bitcoin on the weekly

January 21, 2020

One Bitcoin for One Million – Real or Delusional?

For example, the famous American company McAfee, which develops protection and system analysis programs, seems to have firmly believed in precisely such a future value of bitcoin. Moreover, they were expecting a value of about 2 million by 2020, although many analysts are already talking about the irrationality of such judgments. It is worth noting that McAfee is a cybersecurity professional. The creators of the antivirus product of the same name have recently also been engaged in cryptographic protection. John McAfee expressed his thoughts on this subject, based on an interesting theory. Based on his words, there are only 21

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