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Russian Deputy Finance Minister Alexey Moiseev said that cryptocurrencies are not a pyramid scheme while discussing decisions to ban sales.

Domestic television channel Rossiya 24′ Speaking at the same time, Moiseev said that the government only wants to allow knowledgeable investors and has logical reasons for doing so. not,” he repeated.

“If we consider ordinary people, such dangerous investments can lead to a huge loss of money.”

Contradictory Statements

These statements were made just a few weeks after the state-backed Bitcoin mining company was announced.. The goal of this company was to attract market share from China and raise $100 million.

New plans for the regulation of cryptocurrencies mean that the Moscow Stock Exchange will be the only platform on which investors will have access to Bitcoin and other cryptocurrencies.

The reports that preceded the regulations were that Russia’s so-called BitRuble was being developed by the central bank.. It has been suggested that this virtual currency will have a freer market than traditional cryptocurrencies.

“We do not call cryptocurrencies to the market.. Or we have no intention of issuing them as currencies,” added Moiseev

Due to the succinct nature of the reporting, it does not include how authorities will block citizens buying cryptocurrencies.. Future steps may be to block similar parallel websites as regulators have done in previous years.

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How logical is it to invest in Bitcoin?

Bitcoin price is trading at the highest level ever, breaking a new record today.

Bitcoin reached an average of 4,703.61 dollars on global exchanges during the day. This value is 4% above the last record 4,502 dollars set on August 18.

In general, the lowest daily trading fee for Bitcoin is $4,400. . This value corresponds to an increase of 350% as of January 1st.

With this record, Ronnie Moas’ prediction that Bitcoin could be $5,000 seems to come true.

Besides all this, Ethereum It is also trading at the highest values ​​of the price it has seen in the last 2 months. It breaks this record by reaching the level of 360 dollars.

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İşbank working hours are returning to normal

Instagram hacking cases are increasing and Blockchain could bring permanent solution. The word “unhackable” pops up frequently when it comes to blockchain networks. According to the context, this word basically means “decentralized” because there is no central access point.

Instagram hacking cases are on the rise

A centralized server like Instagram is the only Although it’s an entry point, that doesn’t make it easy for a hacker to break in.. Rather, it serves as a place for them to destroy any defenses to get inside information.. Despite this, news of an increase in Instagram hacking cases has increased recently.

However; There is an increase in direct attacks aimed at scamming a user’s information through fake emails, phishing and much more.. In fact, these types of attacks are a little more interesting, because these users often give their passwords to the hacker by mistake.. Most of the time, these users think that they are entering their information in an official form, like the users on Instagram.

Being Deceived by Reliable Ways

Instagram hackers can do a lot of things once they get the information of these users.. Some hackers leak this information, some sell it on the Dark Web, others go after a specific account for a planned attack.. Regardless of their next steps, no one wants their account to be hacked.

Instagram hacking cases targeting high-level users have started to increase recently.. Kevin Kreider, owner of a Fitness Instagram account, recently suffered from an Instagram hacker attack. Received a message saying that their account was hacked and they had to pay in Bitcoin to get it back. Unfortunately, only some account holders were able to recover their Instagram and some don’t even know how.

One of the users paid the hackers but got nothing back. Another Instagram user, Anna Wood, was also attacked by Instagram hackers.. Anna Wood had random access to her account after blogging about the attack. And even though there is no word about Instagram:

“Not a word. I don’t know how they fixed it. I don’t know who hacked my account. Was this a random attack? Have I been specifically targeted?”

Instagram: Lack of accountability

Many people said that Instagram is absolutely not helping in cases of hacking like this. All the responses from the platform were pretty generic, and who knows how many more users have received no support or access to their accounts. pretty annoying. What if instead of trusting the platform we had to distrust the community?

Ideally, a blockchain-based social media platform would provide this solution for Instagram hacking cases.. For example, say a high-profile account has somehow been compromised by attackers.

First, this is quite difficult considering that it will gain access to an account with its own token and master password.. Only from there, they can report the problem to the community in power, they vote on what can be done next.

see: Warning: As the price of Bitcoin increased, so did the hacking incidents

Most incidents were reported to the original user. we can assume it will go right. No one ever has to trust even a big company like Facebook to get back to users with a public message. Of course, blockchain solutions can also present their own problems, such as scalability, but at least users have more control over their security.

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China Bank Regulators Recommend Blockchain for Credit Market

Bitcoin remains in tight space. On the other hand, some altcoins can rise, of course, if they can get support from their key points.

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Digital Assets Data CEO Mike Alfred, talked about Bitcoin and altcoins. According to Mike Alfred: While Bitcoin struggled to show a sustainable uptrend last week, some altcoins in the DeFi space were observed to have strong bullish trends. He believes it will surpass Bitcoin.

Many analysts expect a bullish trend in the cryptocurrency space in the long term, but what happens in the short term, in the next few days Let’s see what to expect, let’s see together.

Here are the coins we want to keep your eye on these coins all week.

BTC/USD

Bitcoin, 10,500 Closing above the dollar, it completed the inverted shoulder head-to-shoulder pattern of the uptrend on July 27.

In ideal conditions, the price should not fall below the neckline in the inverted head-to-shoulder pattern.

In contrast, bears BTC/ They brought the USD below the neckline on Sept. 3. It was bought at this level, but failed to push BTC above the 10,500 levels.

Currently, BTC seems to be stuck in the $9,835-10.625 range. The bears and bulls are unable to push the price beyond these levels.

From the 4-hour chart, the bears are seriously defending the 10,625 point.. But if they cannot lower the price below 10.200; the bulls may manage to break through the top resistance.

If the bulls succeed in doing this, with the aggressive traders stepping in, BTC spikes to $11,400 and can sail towards $12,000 from there.

The reverse happens. , if the bears prevail, we could see $10,000 and $9,835 again.

BNB/USD

Biance Coin (BNB) bullish continues. Currently at the peak of 52 weeks. Although the relative strength index is bearish, the sharp move on Sept. 12 destroyed the bearish pressure.

BNBUSD is currently $29.99 (at the time of writing) if the bulls do not allow the price to drop below the $27,190 level, a retest of $32 could be made. The price may force $38.

If it is in an upside down situation; If the bears can push the price below the $27.19 level, it means that the current order is in a bull trap.. The important sign is that the bulls continue to buy bottoms without panicking.

NEO/USD

Bears are trading NEO at $16.72 tried to push it below the level. When this situation gave the bulls a buying opportunity, the price went up to $21.97.

The bears will aggressively defend the 22-22.82 levels.. However, if NEO/USD bounces back from the 20-day EMA (18.54), the bulls may start to print again.

If the bulls succeed; means the second leg of the upward movement has begun. $25.23 resistance can be seen but momentum will surpass it.

If the bears pull the price below the EMA, NEOUSD could drop to $16.72. Closing below this point would be very negative.

YFI/USD

Yearn.finance (YFI) starting 31st August The correction found support near $21.34.. This level represents 50% of the Fibonacci retracement of the $3-339 rise.

The bears tried to push the $21.34 level down.. They failed, but the squeeze between September 5 and 8 gave the impression that bulls and bears were also undecided.. The next leg of the rise will be at $46.63 and $50.

However, the bears are trying to stop the rally at $43.96. If they can sink the YFIUSD pair below the 50% Fibonacci retracement level of the latest leg of the rally to $31.01, the momentum is likely to weaken.

The developing bearish trend in the RSI calls for caution. However, if the pair bounces back from the $34.06-31.01 support zone, the bulls may make another attempt to resume the uptrend.

The bears pulled the pair below the 20-EMA, suggesting that the short-term momentum is weakening.. The next support will be at $31.01.

If the pair rises sharply from $31.01, the bulls will work to push the price above $43.96.

LINK/USD

Chainlink (LINK) has bounced back three times since Sept. 6 at $13.28. But the positive sign is that the bears failed to push the price below the trendline.. This indicates that purchases are made at low levels.

LINKUSD bulls will again probe the $13.28 level.. If they are successful, the pair may accelerate to the point where it entered a downtrend.

This level is likely to act as a resistance as well, but the bulls may continue to push, which could push the price up to $17.77.

However, if the bears are successful and can push the price below the trend, the price may drop as low as $8.90 as confidence issues will arise.

The 4-hour chart shows the bears fiercely defending the $13.28 point.. However, the positive sign is that the bulls have not let the price drop below the $11 level.

If the pair retraces from current levels or the trendline, the bulls may make another attempt to push the price above the $13.28 resistance.. If they are successful, the momentum may increase and a quick move to $15 is likely.

If the bears manage to lower the price below the trendline and hold it there, bullish theories will also fail.

Keep your eye on these coins. This is the state of things we call. We will continue to follow up throughout the week.

What is crypto and how to buy it?

Expert comment: DeFi coin opportunity comes every 10 years

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Cryptocurrency market volume broke a new record for the first time in its history by exceeding $160 billion.

By August $90 billion Considering that it started with a volume of , it is incredible that the total market cap of the cryptocurrency market is now $162 billion.

The popularity of ICO tokens is important to this spike. He contributed. In the second half of the month, Bitcoin’s power again fell below 50% and fell to 45%.

We can see that people investing their savings in crypto money instead of official currencies is also very effective in this situation. The market continued to increase in popularity after several of the famous investors announced that they now prefer cryptocurrencies. The competition between crypto money and gold seems to be ending in favor of cryptocurrencies in recent weeks. According to the chart shared by BTCC, one of the Chinese stock markets, “in the last 10 weeks, investment in gold has decreased by $ 30 billion, while investment in Bitcoin has increased by $ 71 billion.”

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US game giant Zynga buys Turkish Rollic

US international investment bank Goldman Sachs insists on offering a Bitcoin trading service.

Speaking to the Wall Street Journal, a Goldman Sachs spokesperson said, “Customers’ interest in digital currencies In response to their interest, we are exploring how best to serve them in this area.”

Goldman Sachs’ entry into the industry will aid adoption

Goldman Sachs will be the first blue-chip financial services company to enter the digital currency market when it finalizes its research. Goldman Sachs’ entry into this industry will undoubtedly help more people adopt digital currencies.

Finally, Wall Street is quite confused about digital currencies. On the one hand, Jamie Dimon, CEO of JPMorgan, calls Bitcoin “fraud”, on the other hand, Gorman, CEO of Morgan Stanley, says, “More than a fad.”

The largest digital currency in terms of market value Bitcoin has increased by 360 percent this year.

Electronic Money and Payment System from Akbank

Bitcoin and cryptocurrency markets have started to correct. The excuse for Bitcoin drop this time is gold. How long will the correction in the markets continue?

The reason for Bitcoin decline is gold!

The correction that started yesterday in the cryptocurrency markets and Bitcoin continues. Bitcoin, Ethereum and Ripple hold above critical support levels. Critical support level for Bitcoin is 11 thousand dollars. $365 for Ethereum and 25 cents for Ripple forms the critical support level. For now, the top 3 cryptocurrencies are holding above these support levels.

Total cryptocurrency market capitalization shrunk to $20 billion, falling to $340 billion. A limited correction was expected after the high value increase in the cryptocurrency markets. We hope the effects of the correction remain limited.

Gold ounce price hits above $2,075 on August 7 (Friday) 2020, breaking an all-time record. After this date, gold prices, which have corrected above $ 100, declined to the band of $ 1,913.. The decline in Bitcoin and gold prices together indicates a strong correlation between the two economic assets.

Bitcoin and gold investors were expected to liquidate some of their investments from time to time to meet their financial needs.

Analysis by Skew shows that the correlation between Bitcoin and gold has increased recently. The monthly correlation between the two broke an all-time record.

Bitcoin/Gold 1 mth correlation reaching new all-time highs, giving momentum to the store-of-value narrative for BTC in these “money printer go brrr” times. pic.twitter.com/hr7l8GPvF8

— skew (@skewdotcom) August 10, 2020

In a sense, the increasing correlation between gold and Bitcoin Bitcoin makes investors happy. Because the high correlation shows that Bitcoin is starting to be perceived as a value accumulation tool like gold.

• Bitcoin is like in the last quarter of 2016: Tsunami is coming!

Famous gold investor Peter Schiff stated that misguided gold investors are selling gold. Schiff points out that the announced US producer price index is higher than expected.. Therefore, he thinks that the increase in gold prices will continue.

Misguided traders are once again selling gold in reaction to much hotter than expected inflation data. July producer prices surged .6%, twice estimates and the biggest rise in 2 years. Inflation will continue pushing prices higher, especially #gold, as real interest rates fall.

— Peter Schiff (@PeterSchiff) August 11, 2020

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NANO coin price prediction, price analysis and future predictions

Jordan Belfort, formerly a stockbroker, now a speaker-author and known as the Wall Street Wolf, backed JP Morgan CEO Jamie Dimon’s words about Bitcoin.

‘It’s not a great model’

Belfort said he believed Dimon’s saying, “Bitcoin is a scam,” and said, “I don’t think it’s a great model.”

Belfort, He stated that digital currencies must be supported by governments, and digital currencies that cannot receive government support will disappear. The Wall Street Founder said that sooner or later a central bank or consortium will issue its own digital currency and that currency will be held.

‘I’m not saying don’t buy Bitcoin’

Belfort’s words, “I’m not saying you shouldn’t buy Bitcoin, what I’m saying is that you should be very careful about investing too much money in something that can disappear very quickly.”

New Support for SegWit

The host of CNBC’s Cryptotrader program, and according to Richtopia, one of the 28 most influential people in the world to trade with the Blockchain system.. Person, Ran Neuner, tweeted on Thursday, February 1, that Bitcoin will end at $ 50,000 in 2018.

In the past few months, CNBC’s coverage of crypto money has increased significantly. it happened. The broadcast network we mentioned published a step-by-step tutorial on how to buy Ripple using the Poloniex exchange on January 8th.. Presenter Brian Kelly showed how this whole process was on a live broadcast.

Fast Money, a broadcast of CNBC in December 2017, talked about Bitcoin Cash both during the live broadcast and on social media accounts.. The program tweeted 2 graphics. One of these charts showed a decrease in Bitcoin price and the other an increase in Bitcoin Cash price.. And he commented on these charts as follows: “Bitcoin Cash has arrived…. Let’s deal with it!”

@rogerkver aka Bitcoin Jesus joins us tomorrow to discuss the biggest change to the crypto world since time was invented! Must see TV.. #BitcoinCash is here… deal with it!! pic.twitter.com/k9kO30nwKF

— CNBC’s Fast Money (@CNBCFastMoney) December 20, 2017

“Bitcoin Jesus Roger Ver tomorrow will be with us to discuss the biggest change that has happened to them since the invention of cryptos.. You must watch this. Bitcoin Cash has arrived…. Let’s deal with it!”

This tweet received mixed feedback from the cryptocurrency community. Some users responded stating that they disagreed with this message of the network and showed their disagreement.

https://twitter.com/CambodiaBitcoin/status/943309391977238529?ref_src=twsrc%5Etfw&ref_url=https%3A%2F%2Fcointelegraph .com%2Fnews%2Fcnbcs-ran-neuner-says-bitcoin-will-end-2018-at-50000

Neuner’s latest update as Bitcoin hit its lowest level in a few months last Friday. The prediction that Bitcoin will reach a value of $ 50,000 in 2018 has also encountered very mixed reactions.. One user replied with a tweet, “You should be ashamed for accusing Bitcoin Cash of fraud.”

Well, the odds of it being exactly 50,000$ at 23:59 on Dec 31st are actually very slim.

— Maxcz ( @ThurstonMax) February 2, 2018

One user responded to Neuner’s claim as follows: The probability of it being $50,000 is pretty low.”.

What is the difference between Ripple and XRP?

The new General Manager of Tat Gıda, which has become a leading brand in the food industry after taking its first steps in Bursa, became the experienced name of the industry Oğuz Aldemir. Aldemir; He had worked in various departments of Coca-Cola, P&G and Yıldız Holding

Oğuz Aldemir on duty

Companies such as SEK Süt, Pastavilla were in conflict Oğuz Aldemir became the new General Manager of TAT Gıda, which has become one of the most important brands of the sector with its nearly 1000 personnel. Having completed his education specialization at Ankara University, Department of Business Administration, Aldemir held different positions in companies such as P&G, Coca-Cola and Mey İçki, which are among the most important companies in Turkey. Oğuz Aldemir, who was also a member of Yıldız Holding’s Board of Directors for a while, became the new general manager of Tat Gıda.

TAT Gıda is known for its products such as tomato paste, ketchup and mayonnaise.

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