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US Treasury Secretary: about to roll out some significant new requirements at FinCEN

Steven-Mnuchin-significant-new-requirements Steven Mnuchin | US Treasury Secretary

US Secretary of the Treasury Steven Mnuchin, speaking to Congress, said that the Financial Crimes Enforcement Network (FinCEN) is preparing to introduce new cryptocurrency regulations.

Mnuchin did not announce any details, he limited himself to the phrase: "We're about to roll out some significant new requirements at FinCEN". He added that the US authorities intend to seek a balanced approach in this area.

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The symbol of Bitcoin appeared on Twitter for the hashtags #Bitcoin or #BTC

The-symbol-of-Bitcoin The symbol of Bitcoin appeared on Twitter for the hashtags #Bitcoin or #BTC

The Bitcoin symbol ₿ is now available on Twitter. It is displayed when writing the hashtags #Bitcoin or #BTC.

Jack Dorsey, co-founder and CEO of Twitter, was the first who added the Bitcoin symbol to his Twitter message. The Dorsey entry demonstrates that now when a Twitter user writes the hashtag #Bitcoin or #BTC, a cryptocurrency symbol is displayed next to him.

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Heath Tarbert Confirms Confidence in Launching Futures on Ethereum

Heath-Tarbert-Futures-on-Ethereum Heath Tarbert | Chairman of the US CFTC

Heath Tarbert, chairman of the US Commodity Futures Trading Commission (CFTC), again expressed confidence that there would be Ethereum futures on the market.

"We have seen bitcoin futures, both cash-settled as well as physically-delivered. My guess is we are going to see ether futures as well," said Tarbert in an interview with Bloomberg.

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John McAfee: Bitcoin - Old, clunky, no security .... Is the true Shitcoin

John-McAfee-Bitcoin-Is-the-true-Shitcoin John McAfee | Founder of the antivirus company

The shocking American businessman John McAfee, who was recently waiting for a $ 1 million Bitcoin exchange rate, changed his mind and now calls the first cryptocurrency "shitcoin".

More recently, McAfee said that he would cut off and eat his penis if, by the beginning of 2020, the Bitcoin exchange rate did not reach $ 1 million. It seems that McAfee quickly went over to the camp of "cryptosceptics" - or, rather, "altcoin worshipers".

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Gavin Andresen: Satoshi Nakamoto may have misjudged Bitcoin's prospects

Gavin-Andresen-Satoshi-misjudged-Bitcoins-prospects Gavin Andresen | One of the first Bitcoin developers

One of the first Bitcoin developers, Gavin Andresen, believes that Satoshi Nakamoto could have misjudged the prospects for creating a cryptocurrency.

Andresen first heard about Bitcoin in 2010. He immediately became interested in the idea and soon became the leading curator of the development. In 2013, he "handed over authority" to Vladimir van der Laan, creator of Bitcoin-QT (Bitcoin Core).

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Transactions for $2.5 trillion completed by Bitcoin blockchain in 2019

Transactions-for-2-5-trillion-by-Bitcoin-in-2019 Transactions for $2.5 trillion completed by Bitcoin blockchain in 2019

Last year, transactions in total amount of $ 2.5 trillion made on the Bitcoin blockchain, and the average transaction size was about $ 23,000.

According to BitInfoCharts, the average transaction size on the Bitcoin blockchain was 2.75 BTC ($ 23,000), and the average transaction cost (made up of mining costs and commissions) was 0.029 BTC or $ 250.

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$ 447 million BTC transaction fee was less than $ 0.25

447-million-BTC-transaction-fee-less-than--0-25 $ 447 million BTC transaction fee was less than $ 0.25

51,511 BTC worth almost $ 450 million was sent on January 20, 2020 for a commission of less than $ 0.25.

The transaction was included in block 613 644. At the time of block mining, the price of Bitcoin was $ 8680.51, so the transfer amount was equivalent to $ 447 million.

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Craig Wright announces access to 1.1M Satoshi Nakamoto Bitcoins

Craig-Wright-announces-access-to-1-1M-Bitcoins Craig Wright | States he is the inventor of Bitcoin

Craig Wright said he had access to 1.1 million Satoshi Nakamoto Bitcoins, which at the current rate is about $ 9.3 billion. After that, the Bitcoin SV altcoin rate has grown by almost 100%.

Wright has repeatedly stated that he is the inventor of the first cryptocurrency. According to him, together with their partner David Kleiman, they mined 1.1 million BTC at the beginning of the existence of Bitcoin. 

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Adam Back: Bitcoin exchange rate could reach $ 100,000 this year

Adam-Back-Bitcoin-could-reach--100k Adam Back | Blockstream CEO

According to Blockstream CEO Adam Back, the Bitcoin exchange rate this year can easily reach $ 100,000.

Back stressed that the price of Bitcoin has repeatedly crossed the $ 10,000 mark, and just a few years ago it seemed impossible that the first cryptocurrency would reach $ 1,000. In addition, dollar inflation contributes to the growth of the Bitcoin exchange rate.

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The United States has lost leadership in the volume of transactions in Bitcoins

USA-has-lost-leadership-in-Bitcoins The United States has lost leadership in the volume of transactions in Bitcoins

For the first time since 2013, the United States has lost leadership in the volume of transactions in Bitcoins. In 2019, transactions with the first cryptocurrency in the amount of $ 8.58 billion were made in Singapore, and only $ 7.46 billion in the United States.

At the same time, according to Crystal Blockchain, an analytical website, Singapore became the leader in accepting transfers in the first cryptocurrency, and in the withdrawal of Bitcoins, the island state of Seychelles, where the BitMEX cryptocurrency derivatives exchange is registered, took first place. Bitcoin worth $ 10.07 billion was sent from there.

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John McAfee: Eat my dick in 12 months? A ruse to onboard new users

John-McAfee-Eat-my-dick-in-12-months John McAfee | Cryptocurrency enthusiast

Cryptocurrency enthusiast John McAfee, known for his eccentricity, said that he would not eat his intimate body, despite the fact that the Bitcoin exchange rate had not reached $ 1 million by 2020.

Back in mid-2017, McAfee said that if by the beginning of 2020 the rate of the first cryptocurrency does not rise to $ 500,000, then he would cut and eat his genitals. After a while, against the background of a bullish spurt in Bitcoin, he increased the rate to $ 1 million. Later, McAfee repeatedly confirmed the forecast, but now he refused his words, saying on the social network Twitter that he was only attracting attention.

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Brian Armstrong Predicts Cryptocurrency Industry Development

Brian-Armstrong-Cryptocurrency-Industry Brian Armstrong | Coinbase Co-founder and CEO

Coinbase Co-founder and CEO Brian Armstrong published a post in which he predicted the development of the cryptocurrency industry for the next ten years.

According to Armstrong, in the 2020s, there will be a peak in the development of confidential cryptocurrencies - privacy functions will be included in the blockchains, and the number of holders of anonymous cryptocurrencies will increase to 1 billion. Note that today this number is about 50 million people.

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Michael Novogratz: 2020 prediction #1 Trump loses, #2 $BTC over 12k

Michael-Novogratz-2020-prediction Michael Novogratz | Founder of Galaxy Digital

According to well-known cryptocurrency enthusiast and founder of Galaxy Digital Michael Novogratz, in 2020 the first cryptocurrency will reach at least $ 12,000.

Novogratz said on Twitter that by the end of next year, Bitcoin will cost at least $ 12,000. In addition, he believes that US President Donald Trump will lose the next presidential election - he will not have more than 10 million votes to stay for a second term.

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UN Secretary General: we need to embrace technologies like blockchain

Guterres-we-need-to-embrace-blockchain António Guterres | UN Secretary General

UN Secretary General António Guterres is confident that his organization should use blockchain technology.

Guterres had previously spoken about the prospects for distributed registry technology. In July last year, he said that a "high-level digital collaboration group" had been created that directly interacts with blockchain technology. In September of the same year, he talked about lowering the level of trust in state institutions, highlighting distributed registry technology as one of the solutions to this problem.

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Meltem Demirors: Bitcoin Halving will not affect its pricing

Meltem-Demirors-Bitcoin-Halving Meltem Demirors | Coinshares Strategy Director

Coinshares Strategy Director Meltem Demirors believes that halving the Bitcoin miners award in May 2020 will not have any impact on its price.

In her opinion, Bitcoin is suitable for the upcoming event in unique conditions. During the previous two halves, there was no such developed derivatives market as there is now. Most companies that want to profit from changing the price of the first cryptocurrency will use derivatives rather than the underlying asset.

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Benjamin Cowen: Logarithmic analysis predicts a new "cryptocurrency bubble"

Benjamin-Cowen-a-new-cryptocurrency-bubble Benjamin Cowen | Cryptocurrency Analyst

According to logarithmic analysis by analyst Benjamin Cowen, by 2023, the capitalization of the cryptocurrency market could exceed $ 11 trillion.

Cowen collected weekly data on the price movements of Bitcoin and other cryptocurrencies, and tried to identify a trend based on price correlations. He said that in the future, another "cryptocurrency bubble" awaits the industry, and the growth of the total market capitalization can reach up to 150 times.

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Support has resisted: Bitcoin rate has risen above $ 7,400

Bitcoin-rate-has-risen Support has resisted: Bitcoin rate has risen above $ 7,400

Yesterday, analysts and traders said that the rate of the first cryptocurrency would drop to $ 5,500, but on December 18, Bitcoin pushed off support for $ 6,400 and soared to $ 7,400.

Although many believe that it is too early to draw conclusions, there is a possibility of continued growth. One of these signs is a bullish candle on the chart, usually indicating a change in trend, and also confirming the presence of discrepancies between the RSI and MACD indicators.

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Nassim Taleb: Bitcoin wins in comparison with state currencies

Nassim-Taleb-Bitcoin-wins Nassim Taleb | The famous American economist and trader

The famous American economist and trader Nassim Taleb remains optimistic about cryptocurrencies and believes that Bitcoin "wins" in comparison with state currencies.

Taleb said that citizens of some countries, such as Lebanon, "lost faith" in state banking systems, so no one should ignore cryptocurrencies, as well as the history of Bitcoin and blockchain.

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