Cryptocurrency news today 1 October


Cryptocurrency news today 1 October

Team 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.

On Monday, the stock market is dominated by negative dynamics, all of the top ten Coinmarketcap is trading in the red zone. The greatest losses have XRP (-8%), which again gave the second place capitalization airwaves. The ether lost 2.5%, 3% reduced rate of the EOS, 2% — Cardano. Other top cryptocurrency has lost less than one percent.

Co-founder of Fundstrat’s Thomas Lee in another interview with Bloomberg brought new arguments in favor of the growth of bitcoin in the near future. Lee noted that the $ 6,000 level, below which a cryptocurrency and has not dropped in the course of this year, very important is the break – even point of bitcoin mining. According to Lee, this level will be broken and positive factors to the year-end deployed the price up. The best hope the analyst imposes on Bakkt, which should attract market institutional investors.

27 September at the latest session of the UN General Assembly, Prime Minister of Malta Joseph Muscat expressed support for the cryptocurrency. The head of the Maltese government noted that cryptocurrency is the inevitable future of the financial industry, and the blockchain technology, which will help to solve many problems of law, accountability and credibility. Muscat also noted that the potential of the blockchain has yet to be harnessed fully, and this technology will be used in many spheres, and Malta will be to create conditions for the development of blockchain-related startups in the country.

The Bank Noble Bank, which, presumably, is responsible for maintenance of company accounts Fiat Tether Ltd and crypto currency exchange Bitfinex, is on the verge of closing. The company has serious financial problems, and the management urgently looking for investors. If in the next few days, Noble Bank does not repay short-term debt, the company faces bankruptcy. Considering the fact that the Tether was refused service a number of banks, there is a possibility that Noble Bank is the only organization that supports Fiat structure of the company. In this case, with the bankruptcy of Noble Bank, serious problems will arise and at the Tether.

Representatives of the crypto currency exchange Huobi has denied the information that the company participated in a conspiracy to vote for the manufacturers of the blocks in the network EOS. Last week, the network got a document which was marked by “sliding” schemes, in which, presumably, Huobi participated as a delegate and manufacturer blocks. In particular, the document stated that Huobi has received 16 votes from other delegates instead of winning 20, and the specific sum in EOS. However, even before the official review of the situation by Huobi, many members of the crypto community have any doubts about the authenticity and correct interpretation of the document.

Recently started Yoroi wallet for cryptocurrency Cardano. Yoroi is a browser – crypto, is available for Chrome. The team service plans to add support for other services until the end of the year, and also to integrate the Yoroi with hardware wallets, and add a number of additional possibilities.
CCN became known that in the past two years, one of the early investors of bitcoin sold about 30 000 coins.

The cryptanalyst Antoine de Calves conducted its own study which showed that the coins were sold in the period from late 2016 to early 2018. All bitcoins were sold almost 200 million dollars. The sale of such volumes of cryptocurrencies in specific moments could provoke panic and the micro-collapse, which maintained the overall bearish trend on the stock market.

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

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