We continue to monitor the fulfillment of the forecast for the price movement of Bitcoin
Cryptocurrencies, with the exception of very few, are now in a decline in prices. But is everything so bad? Or could this price drop have a positive side? According to CoinMarketCap, out of the hundred most expensive cryptocurrencies, only five were able to avoid falling in value. There are many factors that could have contributed to this development.
A scandal erupts on the Poloniex forum. Users complain that the exchange does not double-check account balance data when canceling orders.
A group of major financial institutions wants to use blockchain technology to resurrect a business that nearly destroyed the global banking system in 2017: converting mortgages into securities.
Several South Korean officials were caught in insider trading of tokens. They sold all of their cryptocurrency holdings just before South Korean regulators announced new restrictions. The Financial Supervisory Service (FSS) is currently investigating the matter.
A petition against tightening cryptocurrency regulations in South Korea has received more than 215 thousand signatures needed for it to be considered by the government.
The Portuguese consumer protection association DECO proposes introducing a tax for cryptocurrency investors. This tax, according to the association, should be the same as for the tax on profits received by shareholders, that is, 28%
Bearish trend or protracted correction?
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