Cryptocurrency pair rates came under the negative influence of fundamental news
Google is developing a blockchain that will improve the security of storing transaction data and other information in cloud storage. It is still unknown when exactly the service will be launched, Bloomberg reports.
The pressure on cryptocurrency is increasing every day and is negatively affecting its rate. Over the past 24 hours, the Bitcoin rate has dropped by 6.5% and currently stands at $8,450. The Ethereum rate has fallen by more than 9%, and this currency is trading around $515. The NEO token fell the most in price, falling by 12% and currently worth $65, reports CoinMarketCap.
Jack Dorsey believes that Bitcoin will become the only global digital currency on the Internet within the next 10 years. The CEO of Twitter and Square said this in an interview with the British publication The Times
This week, African leaders met in Kigali, the capital of Rwanda, which resulted in the creation of the Continental Free Trade Area (CFTA), which some say could be the largest in the world. The 55 member states of the African Union have a combined gross product of $2.5 trillion.
“There are serious concerns about the use of cryptocurrency to finance terrorism and money laundering,” Turkish Deputy Prime Minister Mehmet Sismek said in a tweet this Wednesday. Sismek also devoted a number of messages to blockchain technology, which, in his opinion, has “undeniable positive qualities.”
A biopic about Nolan Bushnell, creator of the cult Atari video games, will be filmed with funds from the ICO. Leonardo DiCaprio's production company plans to raise up to $40 million to finance the project.
The CEO of Standpoint Research is not worried about the decline in the rate of the first cryptocurrency, as he is absolutely confident that by the middle of this year it will cost at least $28,000.
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