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Cryptocurrency market could reach $1 Trillion and Bitcoin price to $50,000 this year according to experts

Cryptocurrencies market capitalization remained below $400 billion as we entered the first quarter of 2018. However, Bitcoin, the major currency in the market, saw the $ 6000 levels before rising again.. As it is known, the crypto money markets have been on the rise as a result of the positive talks held at the high-level senate hearing held in the USA.

In fact, experts believe that other cryptocurrencies can also make significant gains.. That’s why they say the cryptocurrency market could hit $1 trillion. Thomas Glucksmann, head of APAC business development at cryptocurrency exchange Gatecoin, said: major technology developments will contribute to the revival of the market. These developments will push Cryptocurrency prices to new highs this year.”

There is no reason why Bitcoin should not reach $50,000 in December, according to Glucksmann.. The technology that Glucksmann references, Lightning Network, is an expected technology for Bitcoin.. LN appears to be making some pretty significant strides, reaching 1,000 major payment channels.

Another possible development for recovery could be the issuance of a cryptocurrency-backed investment instrument listed on a major exchange.. While both the CME and CBOE are launching Bitcoin futures, Nasdaq recently announced that these products are “continuing to be investigated.”

As CNBC noted, there are currently no high-interest Bitcoin ETFs on the market.. An exchange-owned fund ETF lets people trade Bitcoin without having to buy cryptocurrencies. Recently, Bitcoin ETF applications had to be withdrawn at the request of the US Securities and Exchange Commission (SEC). Stating that the money market may push new records this year, he made the following statement: Although it may not reach a size that can reach the value potential of $ USD, we believe it will make similar rises.”

Tokens in the Cryptocurrencies market may experience superior price rises this year

While some experts think Bitcoin could hit $50,000, others believe the coin has no fundamental value. Another group of experts predict there could be potential cryptocurrencies that could be used to build new blockchain applications, such as NEO and Ethereum.

Mick Sherman, CEO and co-founder of data science company Hercules Tech, is above developers. He said cryptocurrencies like IOTA, NEO, and Ethereum are under their watch, as they build the platforms they work on.. And he continued:

” Useful tokens and assets with a working platform and clear reasons for needing both a Blockchain and their own Tokens are likely to increase their value this year is higher. Some of these crypto assets will not be used for years.. This means that some crypto assets do not have added value “

Sherman also said that blockchain technology is incredibly overrated.. As such, he warned he might see “a few more bubbles” before he sees “viable Blockchain-based assets.”

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Binance hacked news turned out to be unfounded

The breaking news on social media today was the statement of the huge Binance company to close the door for 12 hours.. On the social media, the whisper newspaper news about the subject, that Binance was hacked, spread rapidly without wasting time.. But the truth of the matter was not. Company officials explained that they are carrying out system upgrade and maintenance work as a reason for this situation.

In response to the worried traders, the company’s official twitter account did not take long to relax.. In the related tweet, the company clearly stated that their site was not hacked or there was no data loss, and stated that they were under the guarantee of Binance.

On the Binance support page, the following statement about the study

“Binance required System upgrade and expansion due to significant increase in users and trading activity. The work is scheduled to be completed by 02:00 PM (UTC).

Our team is working hard to complete this upgrade as quickly as possible.. We would like to point out that if our system updates end before the scheduled time, we will inform all our users separately.

Withdrawals and other transactions during this period are suspended. will remain. We apologize for the inconvenience, thank you for your patience”

Company, which came to the agenda with the news that Binance was hacked, is the world’s largest cryptocurrency trading company. Binance continues its activities as one of the platforms where crypto currency trading is made, which is among the largest companies in the world, if not the largest.. According to CoinMarketCap, 24-hour trading volume is over $2 billion with 190 cryptocurrencies and Tokens.. As it is known, after the recent hacking incident in Japan, users are very nervous about such incidents.. But the Binance team has put all their customers at ease by making an official statement that everything related to the event is under control.

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UK Finance Minister: ‘Blockchain’ can solve Irish border problems

British Finance Minister Philip Hammond announced that his country may use Blockchain technology very effectively after Brexit. Explaining that the possible commercial problems with Ireland, which is a border neighbor after Brexit, can be solved one by one thanks to the chain technology, British Finance Minister Philip Hammond announced that this issue is still at the research level for them and that they will continue to research and see the results.

< According to the British Finance Minister Philip Hammond, who stated that they will continue to consider that the Brexit process may cause some trade problems on a country basis and that they will continue to research how to solve extraordinary problems, both the British side and the British side, if the chain technology is used effectively. There is no reason for the Irish side not to solve their trade problems post-Brexit, and they have technologies that are powerful enough to solve them entirely. The fact that the British administration is thinking about chain technology shows that the richest and most developed country in the world is interested in chain technology from the highest level.

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Yahoo Adds Cryptocurrencies to Finance App

Cryptocurrencies are becoming one of the common investment instruments for many people day by day. So much so that almost every trading and investment service has started to offer its customers the opportunity to invest in Bitcoin in order not to lose its currency. The last company to join this community was Yahoo.

Yahoo Finance’s Cryptocurrency Service

Yahoo Finans launched a crypto service last week. Added the money section. The economic news portal with 75 Million users now provides the opportunity to follow the prices, market values, daily volumes and charts of Bitcoin and 100 other altcoins.

Coinbase Integration

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Yahoo not only monitors the status of the cryptocurrency markets, but also collaborates with other companies to provide its users with direct access to information. According to the statement made by Coinbase two days ago, users can now see their balance directly from Yahoo Finance’s mobile applications.

The company made the following statement:

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“This integration is another sign that the growing needs and demands of crypto users are being met by the big company. As this new asset class and technology grows, Yahoo Finance is making it easier for Coinbase users to keep up with the latest innovations.”

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Those who have Ethereum should definitely read this article!

The year-end Ethereum forecast by Teeka Tiwari, a former hedge fund manager and popular crypto analyst, drew attention. The details are in our news.

Those who own Ethereum should definitely read this article

Teeka Tiwari stated that the value of ETH is still lower than she expected, while 500% for the second largest crypto by the end of the year. Teeka Tiwari, a former hedge fund manager and popular crypto analyst, said that Ether will see an increase of more than 500% in the last bull market, putting ETH in a five-digit increase. It suggests that it will pull it into the price zone. Tiwari claims that Ethereum could surpass Bitcoin as the most valuable crypto due to its high usage levels.

Ethereum blockchain is arguably the most used network in the cryptocurrency space.. This widespread use has had a positive impact on the price of the cryptocurrency, although it has disadvantages such as delays in transactions and high transaction fees. ETH is trading at $2,383 at the time of writing. Since the beginning of the year, it has increased by more than 200%.

See: Etherum, Ethereum news and breaking news

Despite this increase, Tiwari’s presence is still “wildly undervalued. evaluates as ”. He believes that the value of ETH will increase by 500% from its current position by the end of 2021 alone. This increase means that Ethereum will be $13,000.. If realized, ETH’s total market cap would exceed $1.5 trillion.

Tiwari claims that ETH will eventually surpass the $1.2 trillion market cap of Bitcoin.

In my view, two trends – DeFi and decentralized applications (dApps) – will make Ethereum the most valuable software platform in history. Because when you eliminate the need for a third party or middleman, you can cut costs significantly.”

Tiwari is not the only one who believes in the future of Ethereum, said Anthony Scaramucci, CEO of SkyrBridge Capital. and the billionaire investor and owner of the Dallas Mavericks, Mark Cuban. He said he expected it to happen. Mark Cuban states that he accumulated ETH four years ago and kept 30% of his portfolio in ETH.

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Tron Introduces Its Highly Awaited Secret Project

Announcing TRON’s promise of a “secret project” to be released on July 30, Justin Sun and the TRON Foundation announced Atlas, the system designed to strengthen TRON’s foundations and make its currency more effective.

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TRON’s Secret Project

During the live event held to commemorate TRON’s Independence Day in June, Founder Justin Sun talked about TRON Virtual Machine (TVM) on July 30, along with the new project announcement.

While many in the TRON community positively welcomed Sun’s acquisition of BitTorrent, it has integrated over 100 million users into TRX Main Net, noting that this happened ahead of the July 30 announcement.

TRON Corporation made a statement on the currency update, revealing details about the Main Net and Atlas, a program designed to improve the current framework of cryptocurrencies.

“Faster, safer, more reliable. The future of the decentralized internet is here, be sure to jump on #TRONBT$TRX?”

Tron founder Justin Sun claims they will be a better cryptocurrency than Ethereum at every turn.

While details about the project are scarce, Sun stated on Twitter that the BitTorrent merger of the new TRON protocol will enable “a great future for both.” In an open letter, TRON Virtual Machine states that the acquisition of BitTorrent will help TRON grow exponentially in the cryptocurrency space.

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Details are still insufficient, but it seems that this improvement in network efficiency, which Atlas will probably reveal, is related to the improvement of the torrent function on the platform.

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Who is Burak Büyükdemir? Whose is ethoum, what is ethoum?

Who is Burak Büyükdemir? Burak Büyükdemir, who made a name for himself with the entrepreneurship summits organized by etohum every year, realized the dreams of many entrepreneurs with the market space he created.. We answered the questions we researched about Burak Büyükdemir, who has been in the sector for many years.. Here are the answers to questions such aswho is Burak Büyükdemir, who is etohum

Who is Burak Büyükdemir?

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Between Bitcoin Cash and Litecoin, which one should they choose?

The number of investors torn between Bitcoin Cash and Litecoin is increasing day by day, and investors do not even know what to do about cryptocurrencies. According to investors, just before choosing cryptocurrencies, the most important example is how much that crypto money will earn in the future and how risk-free it can be. People who state that this is a degree of importance also add that they cannot decide and choose between Bitcoin Cash and Litecoin.

For those who are torn between the two cryptocurrencies, the first thing to do is to examine them. After examining both coins, finding out how many increases and decreases in the current cryptocurrencies, examining their 1-year and 1-month statuses and the last day’s data will lead you to the solution in the shortest way. It will make it easier for you to understand what you need. Since it is not always possible to understand and know this, they have to act carefully.

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Son of Wu Tang Clan rapper issuing digital currency

According to the news on CoinDesk, the son of hip-hop artist and Wu-Tang Clan member Ol’ Dirty Bastard, who passed away in 2004, creates a digital currency.

His real name is Bar- Young Dirty, the last James, named the new digital currency Dirty Coin. Dirty Coin, its symbol is ODB, will exist as a token on the TAO Blockchain.

Dirty Coin will create a backdrop for young Dirty’s upcoming album, as well as a tool for fans to access shows and purchase merchandise. Speaking to CoinDesk, the son of the rap legend said that the project could encourage other performers to examine cryptocurrencies more closely.

Dirty Coin’s release date is not yet known, but expected this summer.

PayPal wants to accelerate cryptocurrency payments

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The International “Mr. Bitcoin” Crisis Is Growing

The story of Alexander Vinnik, also known as Mr. Bitcoin, who is the founder of the dubious exchange BTC-e, who is said to have led the money laundering operations, which is the dark side of the cryptocurrency world, is getting more and more complex.

The decision to arrest Alexander Vinnik was made by the United States of America for reasons such as money laundering and terrorist financing on the BTC-e exchange, which has also been on the agenda with the name WEX recently. He was arrested by the police in Greece on July 25, 2017, and became one of the most talked about names in the crypto money world, with the stock market BTC-e he created was tainted as being used in dark works.

International Crisis Triggered