All You Need To Know About Bitcoin!

Author: moderator_sasha

Chinese importers are buying up to $ 30 million per day in Russia as Tether (USDT) at Moscow over-the-counter (OTC) outlets. They use cryptocurrency to send large amounts of money to their country, which has strict control over capital. Previously, sellers used bitcoin for this purpose, but when its market crashed in 2018, they switched to the Tether stable coin supported by the US dollar. Why Tether? It has the usual advantages of cryptocurrency - no limits on how much money can be sent, where and where - it does not have volatility, which makes most coins unsuitable for daily movement across the border in large volumes. OTC traders note that the daily trading volume of USDT exceeds its outstanding emission is several times, which indicates that people crank the token several times during the day. Critics have long questioned Tether's confidence that it is 100%...

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Cointelegraph discussed the potential benefits the blockchain industry could have for airlines. One of the main driving forces for many customers when choosing their airlines is the loyalty program associated with these airlines, and how it integrates with other aspects of their lives. KrisFlyer has registered Singapore Airlines as the first retail partner to use its new digital wallet app after successfully validating the concept in partnership with KPMG Digital Village and Microsoft. Agents previously not working with airlines are connected to the system, as well as companies that worked with the carrier through...

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The Zambian Securities and Exchange Commission has warned the public to beware of scammers using cryptocurrency investing services. Financial regulators received information about a company called KWAKOO, which put forward an initial offer of coins with dubious forecasts for the future. The Zambian SEC has stated that KWAKOO is promoting an initial offer of coins for cryptocurrencies. It is believed that those behind KWAKOO have told potential investors that an increase of 1000% is expected by June 2021. The warning states that employees of both agencies recently watched fraudulent investment projects...

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Now the first cryptocurrency occupies 69.8% of the digital money industry, but in the near future the situation will seriously change, a Coin Metric’s analyst warned. Bitcoin's share in the cryptocurrency market will decrease in the near future, an analyst with the nickname Coin Metric’s believes. He studied the domination chart of the main digital coin and found that a short upward correction could be followed by a sharp drop in the index.  At the moment, the share of Bitcoin is 69.9%, a few days ago it exceeded 71%. Now the figure is at record levels for 2019 and 2018, the last time it was as high in March 2017. According to the dave the wave analyst, in the near future, the cost of Bitcoin will almost double. The expert claims that after this a new parabolic increase in the value of the cryptocurrency will begin, after which it will update the historical maximum of $ 20,000. Analysts are...

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The cost of the main digital coin increased at a time when the Chinese currency fell sharply by 7% and fell to an 11-year low. These events may be interconnected. On Monday, August 5, the value of Bitcoin increased sharply and reached the mark of $ 11 786. Over the past day, the growth was 8%.  At the same time, the Chinese yuan fell to an 11-year low of...

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