The market for alternative cryptocurrencies is on life support this weekend after crashing to six-month lows on Thursday, the casualty of a sudden correction in the price of bitcoin (BTC). Altcoins have since recovered from their lows but remain at the precipice of another violent drop – a move that could usher in a new ‘crypto winter’ with devastating consequences. Crypto Markets Recover Slightly The combined altcoin capitalization fell to $66.1 billion on Thursday, the lowest since March,...
Read More »Pomp: The U.S. Must Tokenize the Dollar to Remain Competitive
In a recent interview with CNBC’s Squawk Box, Anthony Pompliano, the co-founder of Morgan Creek Digital, has argued that the United States must tokenize the dollar to remain competitive in the shifting global financial landscape. Pompliano urged lawmakers to “tokenize the dollar immediately,” asserting that China is in the process of developing a digital yuan, with other countries aiming to soon follow suit. He argues that the status of the U.S. dollar as the global reserve currency is...
Read More »Ethereum Price Analysis: ETH Marks Slight Recovery, Is $180 In Sight?
Ethereum saw a small 4% increase over the past 24 hours which brought its price back above $170. ETH has lost a total of 20% over the past week, causing the cryptocurrency to plummet from more than $200 to below $165. Ethereum is the second-largest cryptocurrency with a market cap of $18.61 billion.Looking at the ETH/USD 1-day chart:Since our previous ETH/USD analysis, ETH has managed to hold the support at $165.42. Ethereum rebounded higher in the previous session but failed to break above...
Read More »Crypto Market Cap Today The Same As One Year Ago But What Changed?
The cryptocurrency market has been fluctuating for a while. It has produced significant price increases and decreases, even if we look at the past week alone. On a larger scale, the market saw a severe decline last year and recovered partially since the start of 2019. Interestingly enough, the market cap one year ago on this date was exactly the same as it is now. So what changed?Market Movements 2018 and 2019All cryptocurrencies saw noticeable price movements in late 2017 and early 2018. The...
Read More »Venezuela : Bitcoin pour contourner les sanctions américaines
Selon des sources anonymes citées par l’agence Bloomberg, la banque centrale du Venezuela étudierait la possibilité d’ajouter des cryptomonnaies, notamment des bitcoins, à ses réserves. La demande viendrait de Petroleos de Venezuela SA qui, pour contourner l’embargo américain, aurait vraisemblablement reçu des bitcoins en paiement de sa production. Cette société d’État souhaiterait à présent pouvoir...
Read More »Bitcoin Cash Blocks fast leer
Zuletzt kursierten Screenshots von Bitcoin Cash Minings, die Blöcke anzeigten, die nur eine Hand voll Transaktionen aufwiesen. Viele fragen sich: Wie kann Bitcoin Cash überhaupt etwas wert sein, wenn kaum jemand den Cryptocoin für Transaktionen nutzt?Cryptocoin News: Bitcoin Cash Blocks fast leerIn einem spezifischen Tweet zeigte ein Block nur 5 Transaktionen im BCH Network an. Die Marktkapitalisierung von 3,75 Milliarden US-Dollar wurde sofort in Zweifel gezogen – wie kann es sein, dass der...
Read More »Bakkt’s Bitcoin Futures Had a Disappointing Week (Compared to CME)
ICE’s Bitcoin futures trading platform, Bakkt, launched a few days ago. This was one of the most anticipated events of 2019 as it was supposed to clear the way for institutional money to enter the market. However, looking at the first week of trading, we can see that the volume on the platform has been nothing but disappointing. This is especially the case compared to CME Group’s Bitcoin futures contracts, whose recent volume numbers dwarfed those of Bakkt.Minimal VolumeAccording to Bakkt’s...
Read More »Donald Trump Threatens to Delist Chinese Stocks from the Wall Street
This week was pretty severe when talking about tariffs the US imposed on Chinese goods lifting it every day more and more. When talking about US-China trade war, it’s important to stress out that this is something that started happening already back in the 80’s. However, since Donald Trump is sitting in the White House, the situation is slowly getting out of control – but really.We can all understand that one’s statesman policy can be about buying more local products, tightening import,...
Read More »Bitcoin’s Bullish Recovery? BTC Price Facing Its First Significant Test Right Now
After creating another leg down that marked another new low since this bear move started, Bitcoin showing signs of recovery.Despite the above, Bitcoin is currently getting close to its real major test, which is the 200-days moving average line (marked light green on the following daily chart). That line is considered, by many, the ultimate barometer of the market.If the price is traded above – then the bulls are in control of the market and vice versa. On April 2nd, 2019, Bitcoin made a huge...
Read More »De l’acceptation du bitcoin en paiement des honoraires d’avocat
« Les honoraires sont payés dans les conditions prévues par la loi et les règlements, notamment en espèces, par chèque, par virement, par billet à ordre et par carte bancaire. » – Article 11.5 Mode de règlement des honoraires du RIN Alors peut-on être payé en bitcoin ?Oui, on peut. Rien n’interdit le paiement des honoraires de l’avocat en cryptomonnaie : bitcoin, ethereum, ripple, plexcoin…C’est possible parce que la valeur d’une...
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