Recently, Bitcoin users have noticed a decrease in the size of transaction fees; moreover, the mempool for transactions without confirmation has decreased. The confirmation rate for transactions has decreased in price almost tenfold, as of Tuesday morning.
The Philippine Securities and Exchange Commission is developing rules to regulate cryptocurrency transactions to protect investors and reduce the risks of fraud.
Robinhood Financial LLC announced the release of a free crypto trading application and received applications from a million users within four days.
Today we expect the end of the sideways movement and the continuation of the bearish trend for Bitcoin
Japanese regulators have become more active after a hacker attack and theft of NEM cryptocurrency worth 58 billion yen ($534 million) from the Japanese cryptocurrency exchange Coincheck. The Japanese Financial Services Agency (FSA) required Coincheck to provide a report on the system failures that led to the theft, prepare an effective plan to manage risks and improve the security system. In addition, the company must identify those responsible for the consequences of this incident.
According to experts, the higher the cryptocurrency rate, the more it can decline. On the other hand, this could simply be a signal of the start of a cryptocurrency bull market. Market volume has grown 3,400% since the start of 2017, according to Monday's data. And it becomes unclear how long such growth can last. Let's talk about three main triggers that can stimulate a fall in the price of digital assets.
Yuri Milner, who once founded Mail.Ru Group and DST Global funds, is going to start investing in Telegram ICO. Participating in this project privately, Milner plans to invest at least $20 million in the Telegram Open Network (TON) messenger.
The German bank Deutsche Bank does not advise investing in cryptocurrency, Markus Müller, head of the investment department of the private wealth management department of Deutsche Bank AG, said in an interview with Bloomberg. Risks include high volatility, possible price manipulation and loss or theft of data.
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