The cryptocurrency market continues to be quiet. The calm before the rapid rise in volatility...
Technical indicators show a decline in prices, but are still in the neutral zone, and therefore it is not yet clear whether the sideways movement of the altcoin market will end today.
Australia ranks 11th on the global cryptoeconomic scene with a daily trading volume of 305 Bitcoin. The authorities are consistently building a strategy for working with the digital economy, creating a legislative framework and conditions for the development of blockchain technologies. Thanks to such loyalty and foresight of regulators, the implementation of a new “smart money” project became possible.
China's national currency has fallen below a critical level. Many attribute this to trade wars and political tensions between China and the United States. The accelerating decline of the Chinese yuan is causing concern not only in traditional financial sectors, but also in the cryptocurrency market.
On Monday, the price of Tron rose 12% against USD, testing the August high of $0.028.
Tech Bureau, operator of Japanese crypto exchange Zaif, has not yet disclosed its compensation strategy for customers affected by the hack, which occurred three weeks ago. The major theft netted the hackers a profit of $60 million.
American economist Nouriel Roubini, an implacable critic of blockchain and cryptocurrencies, known under the nickname “Doctor Doom,” published another provocative statement on his Twitter.
The creator of Ethereum, Vitalik Buterin, expressed the opinion that the platform will be able to survive his absence, causing many questions and rumors. Following this, he had to explain his statement.
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