Cryptocurrency news today 23 August


Cryptocurrency news today 23 August

Team presents to your attention a 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.

Today all cryptocurrencies from the list of the top 10 went negative. The greatest losses are observed in Stellar (-6,5%) and the least (not including Tether), dropped the price of Litecoin and Bitcoin (-3,4%), the price of the rest of the coins from Coinmarketcap top ten fell by about 5-6%.

Yesterday there was a sudden jump in Bitcoin, the coin went up by$ 400 for a few minutes. Some experts explain the volatility of bitcoin is that trading on the exchange BitMEX has been suspended in connection with the planned works. In fact it turned out that there was a DDoS attack. Omni Explorer believe that the growth of coins is associated with the emission tablconv company Tether to the Bitfinex team for a couple of hours before the jump of bitcoin. Trading platform often suspected of intentionally inflating the prices of the coins, but the official evidence has been found. Legal the company that conducted the test as at the issue date tablconv confirmed that the entire volume was backed by currency.

The Commission on securities and exchange Commission has not approved the application companies are ProShares, Direxion and GraniteShares on the launch of a Bitcoin ETF. The SEC stated that the proposals these companies do not meet some procedural rules, as well as a number of points of the exchange Act of the securities. Also representatives of the SEC once again mentioned that the cryptocurrency market is currently characterized by the “minor scale”, and therefore too volatile and unpredictable. Meanwhile, many experts believe that the growth of the stock market directly depends on the launch of ETF-funds, as this tool will attract new major players.

Us Congressman Tulsi Ms. Gabbard in its earnings report indicated the purchase of air when he fell from 659$ 526$. Now the price of the coin 275$, so Ms. Gabbard has not yet managed to make a profit. Recall that the first U.S. Congressman who invested in cryptocurrency, was Bob Gudlayt. In tax return he indicated that he owns Bitcoin, Ethereum and Bitcoin Cash in the amount of from 17 to 80 thousand dollars.

Chinese Service risk control in the field of Finance has identified more than a hundred kryptomere that use foreign IP addresses, and trade cryptocurrencies on the territory of China. Earlier, in September 2017, China banned the sale of cryptocurrencies and holding ICO. Also currently on the territory of the country to use such exchanges as Binance, OKEx, and Bitfinex. And yesterday, a well-known WeChat messenger has blocked several accounts in the media, associated with the stock market. To cryptomeria convicted of using foreign IP addresses will also be sanctioned.

Toshihide, Endo, Director of the financial services Agency of Japan, said that he would not impose strict requirements to the cryptocurrency market. He believes that existing laws needed to regulate the market and maintain the security, but the introduction of new rules at the moment, not planned.

Company Bitmain may lose its leadership position in providing equipment for mining. Bloomberg reports that rival companies will soon be able to overtake the mining giant. Analysts at Bernstein believe that the company Taiwan Semiconductor Manufacturing Co, which collaborates with Bitmain should take full payment in advance, and the Bitmain offer to reallocate the use of energy, which at the moment is aimed only at the production of equipment for mining.

Canadian National research Council was created by the Explorer, blocks of Ethereum. Using the program you find in the blockchain published grants and similar information. Browser posted via IPFS, so it can’t be hacked, but will be available for a long time.

In Germany, Valens offshore Bank Bank entered into a contract with the company Blocktrade Technology Ltd for the use of Crypto Trading Toolbox. In September, Bank customers will be able to buy and sell crypto-currencies with Crypto Trading Toolbox. Swedish company that created this app, will annually receive 1.5% of profit from the number of transactions. At the moment, Valens Bank offers its clients the creation cryptocell for BTC, BCH, ETH, LTC.

Cryptocurrency exchange Bithumb in the first half earned about $35 million. Recall that in June this year there was a hacker attack and from the exchange was stolen about $31 million, after representatives Bithumb said that $14 million was returned. At the moment the trading floor is on the 19th place according to CoinMarketCap, with trading volume of $71 million. Although in the beginning of the year she took 2nd place and the turnover was about $2.5 billion. And in early August, the stock exchange failed to conclude a new agreement with the Bank, due to which registration of new users is impossible.

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

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