Let's try to predict the depth of the correction for Bitcoin and Ethereum.
This is the second time US regulators have banned the initial offering of tokens from BitConnect. On January 9, it was reported that the North Carolina Department of Security had imposed a temporary ban on BitConnect, arguing that the company did not have permission to trade securities in the state.
The development of the cryptocurrency market cannot remain without the attention of the state. This was stated by Secretary of the National Security and Defense Council of Ukraine Alexander Turchynov at a meeting of the National Coordination Center for Cyber Security.
The international money transfer market is big business. In 2016, approximately $600 billion was sent internationally. People send money to help family members who live in another country or to conduct a transaction with a business partner. Despite all its advantages, this method is quite slow and expensive, which does not please either the company or customers.
After the rapid rise in the price of cryptocurrencies in 2017, a large number of large financial institutions became interested in blockchain technology. The successful launch of the CME and CBOE markets has proven that savvy investors are interested in trading the cryptocurrency market.
The official website of the Belarusian Automobile Plant contains information that the management of this largest manufacturer of mining equipment in the post-Soviet space is considering payment options in cryptocurrency.
The Kodak company is going to produce devices for bitcoin mining. The Kodak KashMiner was on display yesterday at the CES tech trade show in Las Vegas.
Despite all the restrictions on the use of cryptocurrency in China, mining is quite a popular phenomenon in this country due to the low cost of electricity.
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