It seems like this week is about CPI and Brexit, although there is more news!
Bitcoin is strengthening its positions. Breaking the important level of $10,000, it is climbing further. The next resistance is at $12,000, let’s wait.
- Telegram is increasing its appetite. The company is going to raise $1.7 billion instead of $850 million in the second round of private ICO. There are talks that this amount of money will be enough to launch the blockchain and the cryptocurrency, so Telegram may refuse to hold the public ICO.
Moreover, if the company fails to launch “TON” until October 19, 2019, investors will get their money back. But there is one small trick: the company will not be able to return all investments…
- LitePay failed. The launch of the payment service LitePay that was planned to be held on February 26 did not happen. Registration for the receiving of cryptocurrency cards is stopped.
- The hardfork Bitcoin Private was held on February 28. It is the first Bitcoin’s fork based on two blockchains: Bitcoin and ZClassic. The main feature is the usage of the zk-SNARK protocol for hiding transaction data.
- Bittrex is enacting sanctions. Since March 9 the cryptocurrency exchange Bittrex will block accounts and cancel operations of residents of countries and territories that are under US sanctions. They are North Korea, Iran, Syria, Cuba, and Crimea.
- The big Canadian bank “Toronto-Dominion Bank” banned the cryptocurrency’s purchase by credit cards. There are already other six big banks in the world that enacted the same restriction.
- The Federal Ministry of Finance (Germany) said that purchases by cryptocurrencies will not be a subject of additional taxes. All cryptocurrencies are recognized as the equivalent of payment’s means.
- The cryptocurrency exchange Poloniex could avoid a persecution of the Securities and Exchange Commission. The SEC agreed to not pursue the exchange if it is bought by a bitcoin start-up Circle.
- According to Bloomberg: the Chinese government is planning to check accounts of citizens and companies to detect if they trade cryptocurrencies or participate in ICO. Accounts of lawbreakers will be blocked.
- The United States Securities and Exchange Commission started a mass distribution of summons to everyone who is involved in blockchain and cryptocurrency deals. The aim is to get information about the cryptocurrency market for its better regulation.
- Everyone wants its own blockchain. The head of Starbucks Howard Schultz declared that the company is going to create its own blockchain and cryptocurrency that will appear in a new payment app.
- Porsche wants to implement a blockchain in new car models. Some of the innovations are already testing.
- Japanese e-commerce giant Rakuten announced a launch of its own cryptocurrency “Rakuten Coin”. The company is owned by Viber. So the Telegram’s “Gram” may meet a competition.
- A huge project of transition of all information about transports into blockchain is being launched in Dubai. The history of any car can be tracked starting from the factory and considering all accidents, repairs, resales, and other information.
Bitcoin $11,086 (+5.06%)
DASH $613 (+4.17%)
Ethereum $870.21 (+0.41%)
Litecoin $208.93 (+1.47%)
In September, China's all-mighty export engine suddenly kicked into higher gear, generating a record trade surplus with America that could potentially worsen the already-heated clash between the two leading economies…
What has been happening on the cryptomarket during this week? Find out from our weekly crypto analytics!
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…