London financial expert, CEO of NEX Group, Michael Spencer, was among those financiers who consider Bitcoin a bubble. Nevertheless, he believes that the price of Bitcoin will reach $ 20,000, and only after that, it will sharply go down. In an interview with Guy Johnson on Bloomberg TV in London, Spencer said he had no idea if the Bitcoin price would double before it halved, but noted that the $ 20,000 level could be reached "damn fast." Johnson called the growth of Bitcoin, which exceeded the $ 11,000 mark last Wednesday, "irrational."
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A group of famous musicians, including Mariah Carey, Marilyn Manson and many others, began to accept Monero anonymous cryptocurrency as payment for their albums. The Project Coral Reef was attended by more than 40 performers, such as Slayer, Weezer, G-Eazy, Sia and Fallout Boy. The authors of the project - businessman Naveen Jane (Naveen Jain) and the leading developer of Monero, Riccardo Spagny (Riccardo "Fluffypony" Spagni). This initiative will allow to buy albums and souvenirs of such artists as Mariah Carey, Mötorhead, Alice Cooper and others with 15% discount.
Despite the expectations of the "collapse of the bubble," which is intensified due to the fact that Bitcoin with whistling passes all the new frontiers, every new level is given to it more easily and almost without serious corrections. On the morning of December 6, another price level of $ 12,000 was passed, at which the price did not stop and moved on, approaching $ 12,500, and the GDAX exchange went up to $ 12,540.
Western Union (WU), which is one of the largest operators of international transfers, launched a campaign against remittances involving cryptocurrency exchanges. The decision, which also complies with the Company's internal regulations, is an attempt to impede the provision of services and transactions related to cryptocurrencies. At Reddit in early December, a post appeared, the author of which asserts that the company advised the Kraken crypto exchange to not process transactions related to digital currencies, as this contradicts its internal rules.
One of the most famous diamond mining companies in the world is implementing blockchain, investing in the asset-tracking platform. De Beers President announced that the organization plans to use technology to increase the transparency of the diamond supply chain. The company, the world's largest diamond miner, says it wants to use the tracking platform to restore confidence in the diamond supply process, and to solve other problems related to money laundering and the tracking of blood diamonds.
ICO of Blockstack start-up officially completed - the company announced the collection of 50 million dollars through the sale of 440 million tokens. Crowdsale started in November, with investors such as Union Square Ventures (USV), Foundation Capital, Lux Capital, Winklevoss Capital, Blockchain Capital, Digital Currency Group, Techcrunch founder Michael Arrington and Digg founder Kevin Rose. In their statements the Blockstack team tried to emphasize that all investors should be considered as long-term partners, each of which agreed to take an open position regarding the project's Cryptocurrency.
Yicai Global reports that Pan Gongsheng, Vice Chairman of the People's Bank of China (PBoC), speaking at the annual event dedicated to financial literature organized by China Business News and JPMorgan Chase, said that the regulator made the right decisions about restrictions on the country's Cryptocurrency market and the prohibition of ICO.
Last Friday, the Commodity Futures Trading Commission of the United States (CFTC) announced that it allows two exchanges from Chicago - CME and CBOE - to launch Bitcoin futures. The CBOE Chicago Option Exchange decided to outperform the CME and release futures first. The company said that the auction will be launched on December 10, what is 8 days earlier than CME, which announced the launch of cryptocurrency derivatives on December 18.
The British government plans to impose strict rules on Cryptocurrency, in particular Bitcoin, to combat fraud, tax evasion and money laundering.The UK Treasury will regulate the use of the Cryptocurrency, as a result of which it falls under the law on combating money laundering and the financing of terrorism.
As expected, Bitcoin quickly played his position and even set a new high at $ 11,845. This was promoted as official news that the US regulator allowed the exchanges to sell futures and options for Bitcoin, as well as rumors that NASDAQ is also going to launch Bitcoin futures next year. Later this rumor was disproved, but managed to manifest its influence. Now Bitcoin continues to bargain at the borders of the new border of 12 000 dollars, and most likely with the beginning of the week it will pass this level. At least there are no weighty reasons that could prevent this. Capitalization of Bitcoin closely approached the mark of 200 billion dollars, and the total capitalization of Cryptocurrencies exceeded $ 350 billion.