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The 19th National Congress of the Communist Party of China, the most important conference in China this year, ended on October 24. With the conclusion of the conference, some temporary arrangements and policies were also shelved. Among the revoked regulations may include banning Bitcoin trading in China.

ZB.com, one of the new exchanges to start operating in the country, announced yesterday that all trading functions will be available from November 1. Users can already sign up and deposit funds into their accounts.

The platform reported that people all over the world, including those living in China, can trade digital currencies. The exchange operates in English and Chinese languages.

Allegedly ‘behind the Chinese government’

However, it is too early to announce that the current regulation for Bitcoin and other digital currencies is invalid. Perhaps this platform will be shut down by the government. In addition, there are those who say that the Chinese government is behind this stock market.

Bitcoin Cash Age Started at Poloniex!

While Bitcoin has gained value and altcoins have been watching a calm image recently, this image has changed with the sudden value gain of Ripple in the last 24 hours. The main reason behind this is the resurgence of rumors that Ripple will be added to CoinBase. So what is the development that triggered this? Let’s take a quick look…

As we are all aware, Ripple has signed many agreements recently. Despite these agreements, while the Ripple price has been stable recently, it has been a long time since Ripple CEO Brad Garlinghouse will appear with CoinBase COO Asiff Hirji on CNBC’s “Fast Money” program tomorrow (Tuesday).

While there was no explanation from CoinBase and Ripple on the subject, Tetras Capital’s co-founder Alex Sunnarborg made the following statement to CNBC;

“Ripple CEO I’ve been hearing rumors everywhere that Brad Garlinghouse will announce deals with CoinBase and Japanese banks on the upcoming Fast Money show. In addition, strong purchases take place and this creates a FOMO (fear of missing out) effect, placing users in this paradox. ”

Ripple price, which tested $1.08 levels during the day, stabilized a little bit with profit sales and declined to $1.04 levels.

Total number in the market will reach 100 billion Ripple’s 60 billion while 40 billion of them are in the hands of the firm. Even Ripple’s $1.04 levels bring the company’s Ripple value to $62 billion.

Officially announced: Russia is launching an official digital currency

While the cryptocurrency market volume has decreased since the morning hours, there has been an increase in the Bitcoin price. Bitcoin, which has risen above the $ 6,500 limit, has a much better stance compared to the crypto money market volume and continues to please its investors. While many investors are going to increase their investments more, it is stated that some investors are worried about the full $15 billion decline in the market volume of cryptocurrencies.

Some investors are concerned about the crypto money market. While mentioning that these decreases in volume are speculation and that such sudden decreases are not normal, it is known that the differences between the number of users who have invested, the number of users who withdraw their investments can be this much.

$6.670

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Bitcoin price was $6,670 at the time this news was written, and Bitcoin, which is constantly gaining strength due to its high dollar, made it more difficult for Turkish users to buy. While the increase in the price is considered as a factor for existing investors to earn more, it is estimated that Turkish investors are waiting for difficult times and they will start to buy Bitcoin at lower rates due to both the dollar rate and Bitcoin price compared to the past.

Bitcoin cannot be tracked!!! Or is this a myth?

While speculations and predictions continue, Western media is reporting that the Chinese government will ban Bitcoin exchanges.

These news started after ICOs were banned completely before.

Wall Street His newspaper and other publications “anonymously” publish excerpts that do not provide much detail.

Anonymous Sources

According to the Wall Street Gazette and their anonymous anonymous sources, regulators do not make clear statements about the ban. even.

One regulator says the decision has been determined long in advance, while the other says there is still time to make a decision.

“Although the allegations continue, Bitcoin price has recovered for the second time after the news of the ICO ban. dropped.”

At the same time, according to allegations made by Bloomberg:

“The ban will only be brought to cryptocurrency trading on the stock market.. People close to the subject want their names to remain anonymous because this information is confidential.”

What is the Main Reason for Banning?

Bitcoin is an important player in China and its socialist monetary policy.

The Chinese government was disturbed by the increasing interest in cryptocurrencies and perceived it as a threat.. Investors’ preference for Bitcoin over Yuan was not welcomed.

The People’s Bank of China said last week that ICOs were banned because they disrupted the country’s financial order.. It was also claimed by anonymous sources that it was shut down because there was “too much corruption”.

Quite Doubtful

The absence of any official statement is suspicious, and it seems that no one is brave enough to put their name in the news. .

The founder and CEO of the China BTCC Exchange conducted a poll on Twitter asking whether people believe this ban.. According to the results, more than 80% of people didn’t believe the news.

OKCoin responded to these news:

“So far, no official authority has We were not informed about closing BTC exchanges. If this happens, we will immediately post a notification on our website.. Even so, we will be trading offline for users and the coins in your account will be absolutely safe.” said

Litecoin Founder Also Involved in Rumors

Litecoin founder Charlie Lee made a mess with his tweets yesterday evening. Before his official social media account, he used sentences like China banned Bitcoin, and then I wrote it incorrectly, I meant Bitcoin exchanges.

When the big reaction came to the event, Charlie stated that he was joking at first and didn’t think it would have such an impact, but later on he tweeted as a joke. I don’t, the news is true, but the source made statements in the form of anonymous. Now, he has deleted his tweets.

Even though no one understands what Charlie Lee is saying and trying to do, he is among those who send the message: Keep your Bitcoins and do not sell them.

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Ukraine Prepares to Decide on the Legal Status of Cryptocurrency Industry

The Minister of the Russian government, against the prohibition of cryptocurrencies, described cryptocurrencies as “an impossible technology to reject.”

Mikhail Abyzov, who was elected as the open government minister in 2012, stated that it is impossible to ban cryptocurrencies in an interview with RIA from local news sources.. During his speech, he said that he believes that a positive decision will be made about cryptocurrencies soon – apart from revealing the scenario that the development of the technology will harm the government.

During the interview, she showed a thought approach to regulations regarding cryptocurrencies.

“It is necessary to do the right thing in rejecting and banning, ensuring that revenues from cryptocurrencies are carefully regulated. I think we should recognize cryptocurrencies as financial instruments and treat them carefully.. This issue we focus on in this way does not destroy technology itself.”

The leader of E4 Group, one of the largest engineering companies in RussiaAbyzov strong> continued to advocate that cryptocurrencies and other applications of blockchain technology should be supported.

“I think Russia is big in the technology industry. has potential. This could potentially come in the form of a cryptocurrency or a different industry, financial or non-financial, which is hard to predict.. These initiatives need to be supported and developed.”

Overall, Abyzov is the last authority on the Russian government’s cryptocurrency trade to fully express its support for easing the atmosphere.. Before Abyzov, last week, Russian Finance Minister Anton Siluanov announced that there will be no ban on cryptocurrencies.

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Payment to Farm Bank Victims will be made with Bitcoin

According to a report, it was announced that the giants of the popular crypto money industry, the exchanges, made a profit of $ 3 million a day.. Pretty impressive numbers for a market that only started in 2009, if you think the market is new.

Cryptocurrency exchanges that are the most earning in the sector

When you buy, sell and withdraw cryptocurrencies on the exchange, they charge a certain commission. It is seen that Asian-based stock exchanges are among the top-earning exchanges.

Tokyo-based Binance and Hong Kong-based OKEx each day It processes more than $1.7 billion in transactions. Huobi, Bitfinex, Upbit and Bithumb follow these two exchanges. Considering that over 50% of the world’s daily trading of cryptocurrencies is done on exchanges based in Asia, it is not surprising that they are the most profitable exchanges. Having very low energy costs, very good mobile payment infrastructures and strong economies are decisive.. Apart from that, they have a great gaming culture that makes tokens acceptable.

It is not possible to say that the exchanges that are successful today will be successful tomorrow, because new exchanges enter the market every day.. This means that the best performers will survive. For example, Robinhood, a US-based cryptocurrency exchange, works with zero fees and aims to be one of the best exchanges.

It is too early to say how high volatility will affect cryptocurrency trading volumes in 2018; However, it seems certain that competition on cryptocurrency exchanges will give users an advantage.
How will the XRP reserve affect Ripple’s future?

As Bitcoin price hovers above $1o thousand, price predictions continue to come. Famous investors, Bitcoin experts, Bitcoin rich, financial experts and many more are predicting how much Bitcoin will be in the future.. However, the craziest Bitcoin price prediction ever came from John McAfee, while an even crazier price prediction came from McAfee.. John McAfee has updated his Bitcoin price forecast: If Bitcoin doesn’t reach $1 million by 2020…

Famous ADB computer programmer and founder of MCAfee, John MCAfee, 5 months ago on Twitter From his account:“Bitcoin will be $500,000…if it doesn’t happen,I’ll eat my penis”he made perhaps the most ambitious price prediction in Bitcoin history.

The next most ambitious Bitcoin price prediction is again John McAfee’ came from:

When I predicted Bitcoin at $500,000 by the end of 2020, it used a model that predicted $5,000 at the end of 2017. BTC has accelerated much faster than my model assumptions. I now predict Bircoin at $1 million by the end of 2020. I will still eat my dick if wrong. pic.twitter.com/WVx3E71nyD

— John McAfee (@officialmcafee) November 29, 2017

John McAfee Bitcoin price updated his forecast:

”When I said Bitcoin would be $500,000 in 2020, I predicted it would be $5,000 for the end of 2017.. BTC increased much faster than I thought. Now, I predict $1 million in 2020. I’ll still eat my penis if it’s wrong.”

What do you think of the John McAfee Bitcoin price prediction?

The information in the article is for informational purposes only.. It does not constitute any investment advice.. The author and hostagons.com/ are not responsible for your profit or loss arising from the investments you make.. Investment is ultimately based on many foundations such as knowledge, experience, research and personal decisions.

Sweat mixed with tears: Here is Akıncı Documentary

Ukrainian shipping company Varamar, which will show that cryptocurrencies can be used as a commodity in international trade, is preparing to receive payments with Bitcoin.

Founder of Odessa-based shipping company Alexander Varvarenko is discussing Varamar Ltd’s first agreement with the customer. Bitcoin said it would make it easier to do business with customers in countries affected by the sanctions and would take less paperwork than traditional bank deals. Varvarenko:

“Paperwork for transactions is a complex issue for banks and virtual currency payments will help solve this by making it faster.” “It can also help solve payment problems in countries like Pakistan, Russia, Sudan, Yemen and Qatar, which have secure companies but are victims of sanctions against their governments.”

Other shipping companies are also looking to exploit bitcoin opportunities. Russian broker Interchart Shipping Inc. said some customers couldn’t easily transact dollars due to bank restrictions, so it worked on a system that allowed them to enter bitcoin.

Ivan Vikoulov, managing partner of Gibraltar grain trader Quorum Capital, said: “We still have to do our homework because there’s a new way to do it,” he said. He works with Interchart on the Bitchart system.

“The industry is under stress as the majority of ships are registered at sea and there are banks in the Baltic where many shipowners have trouble getting payments in dollars,” he said.

Bloomberg

Unbelievable claim about Poloniex!

French Jean Pierre Landau explained that if cryptocurrencies are updated directly, the results and effects will be very bad. Suggesting that cryptocurrencies should be regulated, but not directly, but in different ways, Jean Pierre Landau underlined that the French government should make more efforts in this category. Pierre Landau used the words that if France intervenes directly, there may be serious decreases in crypto money prices, the confidence of the French people may be shaken, and this developing area may be driven into complete non-existence. Suggesting that the regulations should be gradual and that these stages should be well adjusted, Landau explained that the security and stability of both the French people and the developing technology will be ensured.

What is the French Government Thinking?

French government’s On the other hand, it has been noted that with the effect of being an imperialist state, he can take all kinds of initiatives to prevent the deterioration of the course of the euro and the dollar, and that he does not have a clear idea about cryptocurrencies at this stage.

Mining is even more profitable than drug and arms smuggling in Russia

After Russia announced that it will launch an official digital currency called “CryptoRuble“, Kazakhstan is following suit. In a statement made by the Astana International Financial Center, it was reported that a cooperation agreement was signed with the Maltese firm Exante to launch an official digital currency.

Astana International Financial Center President Kairat Kelimbetov said, “Blockchain and digital currencies are entering the mainstream of today’s economic reality. Astana’s leading financial regulators had already started work and were laying the foundation for Kazakhstan’s fintech ecosystem. While we believe that our center can become an international hub for Blockchain operations, we consider the development of the digital asset market to be our main priority in the near future.” He said.

New trend: Official digital currencies

The trend of countries creating their own digital currencies has started to develop recently. First, Estonia announced a project called “Estcoin”, but it was shelved due to the fact that EU member states could not offer their own currencies.

Japan gave the signal to launch its own digital currency called J-Coin last month.

Last month.

Lastly, Russia announced CryptoRuble.

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