Cryptocurrency news today 27 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.
The last week of the summer, the cryptocurrency market meets on a positive note. On August 27 in a green area of trading all of the top ten Coinmarketcap. However, material changes in the capitalization are observed only in IOTA – cryptocurrency gained almost 10%. 3.5% increase in the rate of the EOS, at 2.5% rose Stellar and Cardano. Other top cryptocurrencies added in the range of 1%.
However, Anthony Pompliano of Morgan Creek Digital Assets disposed towards the stock market where more skeptical than a few months ago. Investor and cryptoexpert earlier predicted the fall of the exchange rate of bitcoin to $5000, and then rise to the level of $ 50,000 for 2018. Now, however, Pompliano does not exclude the probability of decline in BTC to 3000, and growth to $50,000 in this year of the expert and not waiting. According to him, after such a long decline, bitcoin may need a few years to update the historical maximum.
Co-founder and former head of the Chinese cryptocurrency exchanges BTCC Bobby Lee also believes that to make the next breakthrough bitcoin can take years. However, global goals Do puts a mark of $60,000, at which capitalizes the first cryptocurrency exceed a trillion dollars. Their findings cryptoexpert and owner of made by analyzing the current state and prospects of the mining industry.
In particular, according to Bobby Lee, the price increase of bitcoin should contribute to the planned two-fold decrease in the reward for creating a block.
And namesake Bobby, an analyst with wall Street and the founder of Fundstrat Global Advisors Thomas Lee found a definite correlation between the development of cryptocurrency market and the markets of developing countries.
Also, according to Thomas Lee, the growth of bitcoin depends on the decision of the U.S. Federal reserve on interest rates. If in the near future will not be raising rates for the us currency, it would provoke a fall of the USD and the growth of quotations of risky assets, including cryptocurrency. One of the main bitcoin optimists, If it upheld its forecast for the exchange rate of bitcoin to the end of the year at $22000.
SEO Wanchain Jack Lou also believes in the imminent recovery of the stock market. In his opinion, the development of industry and growth of quotations of the main cryptocurrency in the first place, prevents a large number of fraudulent schemes and Scam that harm the reputation of the sector as a whole. And cryptoexpert Willie Wu believes that, despite a number of controversial nuances, the modern stock market is much “healthier” that was in 2014, and therefore, a repetition of the situation with a decline of 90% should be expected.
Team IOTA has introduced a new customer PoWaaS to carry out fast transactions within the network of cryptocurrency. The extension is compatible with the major wallets and applications that support transactions IOTA. In addition, output for cryptocurrency was launched from the desktop wallet Trinity Desktop (still in beta mode). The mobile version of the crypto became available in may, and now the service can be used on Windows and Mac.
At the end of last week was held the largest miners and investors of Ethereum cryptocurrency, which was planned to discuss a number of issues most relevant to ecosystems. However, the parties are unable to reach agreement on the most important issues, in particular relating to the number of issued broadcast during the generation of remuneration for the production of blocks. In this regard, it was decided to hold the next meeting which is scheduled for August 31.
The largest fork of bitcoin Bitcoin Cash, face a new split. A number of major developers and investors, led by the odious kryptoperidinium Craig Wright, refused to support a new version of the Bitcoin client ABC (v. 0.18.0).
Wright, together with the head of the mining-pool CoinGeek Calvin Ayre, announced plans to create its own version of the Bitcoin Cash Bitcoin called SV, is incompatible with the Bitcoin ABC. Authoritative figures of cryptomeria, such as acne Buterin and Cobra, called cryptologist not support Wright’s initiative to prevent a split.
Network EOS was discovered a new bug, which allows attackers to block game online RAM used by applications. While the attackers is not possible to assign a resource or transfer it to another account – he simply is locked and unavailable to all system participants. To access RAM the attackers can only be the case if the user first he will transfer the tokens to your address.
Stay tuned not to miss any important event from the world of cryptocurrency!