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According to Bloomberg, the possibility of an American recession next year is 28%, over the next two years could reach 60%, and in three years will be more than 80%. According to the Federal Reserve Bank of New York, the probability of a recession by the end of 2019 is 14.5%, which is significantly different from the 60% stated by JPMorgan bank by the end of 2020.
Market trading volumes are at a record low. Lateral movement continues
The new edition of the Russian cryptocurrency law abandoned “incomprehensible bitcoins” and “meaningless mining”, because these concepts do not fit into the country’s economy.
On October 15, the TRX price showed a decline immediately after its increase to $0.030. The bears pushed the TRX price below $0.026, it began to consolidate in the range from $0.026 to $0.024.
Visa has announced details of new digital products that are being prepared to launch as part of Visa B2B Connect in the first quarter of 2019.
According to the official Litecoin post on Medium, the cost of fees on the Litecoin network will drop tenfold in the next version 0.17. In the future, the average fee on the network will be Ł0.0001 per kilobyte, not Ł0.001 per kilobyte - at the current rate of $0.005, not $0.05.
In his latest interview, well-known crypto enthusiast Ton Weiss explained why he prefers Bitcoin to altcoins, and also discussed the topic of alternative uses of the blockchain.
Just 2,500 Bitcoins will secure a prestigious address at 40 Riverside Drive in Manhattan. A house with a history from the late 19th century has undergone a five-year renovation and is being put on the real estate market for cryptocurrency.
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