Cryptocurrency news today 31 August

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Cryptocurrency news today 31 August

Team Cryptocoins.group presents to your attention our regular column – “the news of the cryptocurrency today”. Recall that in this column we publish news, which influence on the exchange rate of the cryptocurrency of the TOP 100 by market capitalization according to Coinmarketcap.

By the end of the working week, the cryptocurrency market once again turned up, however, for most of cryptocurrency in the top ten Coinmarketcap growth was insignificant. Most of all (+5%) added EOS, more than 1% IOTA Bitcoin and Cash. Capitalization of other top cryptocurrency has increased by less than 1%, but in the last 24 hours none of the coin has not demonstrated negative dynamics.

The results of research conducted by the Group showed that in five years the price of bitcoin should reach $ 96 000$. To estimate the potential of coin experts examined the objective quality characteristics and adaptability of the cryptocurrency, not speculative factors. In addition to bitcoin, experts Satis Group evaluated a number of cryptocurrencies. In particular, experts predicted dynamic growth of Monero and Decred as these cryptocurrencies have a unique technology. But Bitcoin is Cash, which, according to the researchers, only copies of the original bitcoin solutions with minimal changes in the coming years, much will fall in price.

Known cryptoanalysis and entrepreneur in the field of IT John McAfee once again addressed the media with the support of bitcoin. As arguments for the growth of bitcoin in the near future, McAfee cited statistics for the growth rate of BTC by 45% over the last month from late June to late July of this year. Cryptomnesia absolutely no worries because of his promise to eat your penis if bitcoin will grow to $1 million by early 2020, he was confident that the forecast will come true. While McAfee believes that over time, bitcoin will give way to the primacy in daily use more technologically advanced cryptocurrency, but will leave the status of “gold standard”.

According to Business Insider, the Chicago stock exchange ITS plans to launch Ethereum futures before the end of this year. Now the exchange is pending approval from the American Commission on urgent exchange trade (CFTC), after receipt of the financial instrument will be launched in the marketplace. Ethereum futures will be based on market data of the crypto currency exchange Gemini, with the support which at the time was running and futures on bitcoin.

For the last two days more than 50% added Dogecoin. Created as a kind of “blockchain-joke”, it is already more than one year has firmly maintained its position in the TOP 100 of Coinmarketcap. The current growth rate of the coin experts associated with the imminent start of the project Dogethereum. Dogethereum was announced Vitalik Baleriny in late 2015, the project is a system with its own smart contracts, which will be the bridge between the two networks, cryptocurrency, Dogecoin, and Ethereum. Alpha release of the project has already taken place, but earlier, in February this year, was held the first test transaction.

Platform online payment processor BitPay added support for Bitcoin Cash. Now to make mutual settlements between the points of the platform not only via bitcoin but also by using its most popular fork. Users will be able to convert cryptocurrency into Fiat – for example, if it will fall in price.

Representatives of IBM, a company specializing in the production of hardware and software, announced the launch of its own platform for cross-border payments on the basis of the blockchain cryptocurrency Stellar. System World the Blockchain Wire will allow financial institutions to quickly make cross-border payments and clearing operations. Also, IBM will provide enhanced security of transactions, low cost and ease of use. This blockchain platform will be able to take advantage of the largest banks in the world, who are IBM customers.

Vegetables in Kiev can now be bought with cryptocurrency. Yesterday on the Bessarabian market was launched service Paytomat, with which it became possible to make purchases with bitcoin. The buyer only need to scan a QR code in your cryptocurrency wallet, enter the amount for your purchase and choose a suitable one for him the cryptocurrency, which goes to the purse of the seller. This project was called “Grandma”, and was launched to demonstrate that the use of cryptocurrencies easily and safely, from both the buyer and the seller.

Stay tuned not to miss any important event from the world of cryptocurrency!

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