Speaking at a banking event today, the head of the central bank of Singapore predicted an imminent collapse of the cryptocurrency market and expressed hope that blockchain technology will be able to survive this crisis.
Nordea Bank AB has assets of more than one and a half trillion dollars and is one of the largest banks in Northern Europe. Bank executives have long been known to be concerned about cryptocurrency and its lack of regulation, and have recently complained that Bitcoin has been allowed to exist in Europe without being integrated into the traditional banking system.
Many banks do not allow their clients to conduct transactions with cryptocurrencies. This is not prudent because people should be able to spend their money however they want. The list of banks that block cryptocurrency transactions is growing, and Capital One is one of the latest on the list. Many social media users are already openly expressing outrage about this.
Chinese New Year, South Korean bans, the power of “whales”: what is the reason for the fall of Bitcoin?
The new LiveEdu platform will offer several topics: “Design”, “Artificial Intelligence”, “Cryptocurrencies”, “Game Development”, “Cyber Security”, “Data Science”, “Programming”, “Augmented and Virtual Reality”. More than 10,000 projects will be created on these topics in the LiveEdu ecosystem in the future. It is planned that projects will be created in three languages: English, Chinese and Russian.
January 13 became an important date for Bitcoin - it was on this day that 80% of the total supply of this cryptocurrency was mined, namely 16.8 million coins.
Recently, many studies have been conducted on the level of economic freedom in the world. Economic freedom clearly correlates with high GDP per capita. Countries that have banned or overly aggressively regulate cryptocurrencies are countries that rank last in economic freedom and have low GDP.
I offer a brief forecast of three cryptocurrency pairs for Monday, January 15, 2018
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