I Vow To Thee, My True King Bitcoin
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice. The following article is a macro view of the cryptocurrency market. Altcoins will continue their path into a steady, slow and painful death.Mainly because they were indeed in a bubble. However, Bitcoin will...
United States: 80% decrease in criminal activity via Bitcoin
The United States Federal Drug Enforcement Agency (DEA) says criminal activity via cryptocurrencies has fallen sharply in the last five years. While bitcoin transactions are rising sharply, the currency of Nakamoto used by some criminals now only accounts for one-tenth of these transactions. Volume going up and ratio going down
We remember the statement of a former US federal prosecutor. This...
Iran: in the footsteps of the Venezuelan Petro
Penalties, hardening and bilateral relations between the United States and Iran have been steadily worsening over the last two years. The economic sanctions now weighing on the country of Hassan Rouhani could, in addition, have a negative impact on the economy of this country - OPEC's second largest oil producer - slowing global growth. Nevertheless, this diplomatic failure allows a...
Russia: “Cryptoassets are not a threat to financial stability”
President of Russia's Central Bank doesn't want to call cryptocurrencies by their names. Elvira Nabiullina prefers the nickname "Cryptos-Things". Last month, Elvira Nabiullina was at the recent annual international economic forum in St. Petersburg when she used this new wording. The report released on May 30 supports the statement that the volume of transactions is very small. So small...
Bitcoin: The new digital Black Hole of the Century
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice. The following article is an update on the recent run-up over 16’700$ (17th November) and the investor sentiment in which Bitcoin currently is. The article will elaborate on Plan B’s Stock-to-Flow model (S2F) for...
CEO of Lazard: cryptocurrency could replace the dollar
Ken Jacobs, CEO of Lazard, recently gave an interview at Bloomberg. Lazard director - a leading investment and asset management financial group with nearly 250 billion assets - was asked about the risks and opportunities of the USA. He shared his vision on the current and upcoming situation. The only risk is the economic overheating, initially, which remains highly unlikely as...
Beam : a formal approach for privacy coins
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice. Summary Market Capitalization: USD 56'970 Mio. Coin Market Cap Ranking: #116 Validation: Proof of Work Algorithm: Equihash (modified, forked every 6 months to counter ASICs) Risk: Crowded field (Zcash, Monero, Grin,
Bitcoin second layer solutions for privacy)No...
KYC: 68% of exchanges do not meet standards
Previously cited in the article LexisNexis & Blockbid Partnership, KYC and AML formalities are in the line of sight of international regulators. However, it appears that only 32% of cryptos exchanges meet the guidelines. This is a study of the company P.A.I.D in partnership with Mitek, a technology provider for identity verification, which advances this low ratio. The obligatory KYC...