Coinatory

Fundstrat analyst Tom Lee lowered its forecast of the price of bitcoin for this year from $ 25,000 to $ 22,000, he said in an interview with CNBC. The co-founder and managing partner of Fundstrat believes that the price of bitcoin should be twice as high as the cost of its production. At present, this figure is $ 9,100. According to Lee, doubling this cost, including other variables, will provide a price of $ 22,000 by the end of 2018. Referring to the bitcoin misery index (BMI) presented earlier this year, Tom Lee stated that the ... Read more about " Even Tom Lee is less optimistic " on coinatory.com

The profitability of crypto mining falls, which translates into a decline in demand for equipment, for example, top-end video cards. Our sources confirm that prices for GPUs may fall by 20% within the next month. In the Asian news source, DigiTimes noted a sharp decline in demand for mining equipment. Cryptocurrency mining was one of the main trends of the year, so the hashes of networks grew at a tremendous rate. The net of the Ethereum network, the second largest cryptocurrency in the world, has grown more than 25 times over the past ... Read more about " ASICs and the price drops are killing GPU mining " on coinatory.com

Over the past days, cryptocurrencies have experienced a whole series of ups and downs, but now, prices have more or less calmed down. However, even yesterday the main cryptocurrencies could be observed in conservative behavior. Most likely, SMA200 barrier has become too complex to overcome, and all attempts to break it have not been successful so far. 4-hour chart of the pair BTC / USD Yesterday, Bitcoin failed the first attempt to convince investors that it rose again on a bull path. BTC / USD could not close above SMA200 for 4-hour ... Read more about " BTC, ETH and XRP price analysis " on coinatory.com

In Thailand, the ongoing integration of the world of crypto-currencies into the traditional securities trading sector is evident: on the initiative of just such companies, which are united in the relevant association (ASCO), it is planned to launch a site where the trade in crypto-currencies will be conducted, according to Thailand"s leading business publication Bangkok Post. The head of ASCO, Patter Dilokrungtirapop, said that the companies intend to unite in order to reduce the costs of the process of issuing a license to trade ... Read more about " The classical stock exchange companies of Thailand will create a crypto-trading platform " on coinatory.com

The rapid increase in the number of blockchain projects springing up in our time means anyone could easily be forgiven for assuming that one was the other. However, to stake a claim as someone who knows the industry would mean having a sound knowledge of what makes up blockchain projects such as the EOS. In this guide, we will cover the following What is EOS? How it Works Technology Team EOS Token Advantages Competitors Summary What is EOS? EOS is a blockchain platform designed to facilitate the development ... Read more about " What is EOS? " on coinatory.com

Decree of the President of July 3, 2018, approved measures to develop the digital economy in the Republic of Uzbekistan. The document was approved by the National Agency for Project Management (NAPU) under the President of the Republic of Uzbekistan by the authorized body in the field of introduction and development of the digital economy. According to the resolution, transactions of legal entities and individuals related to the turnover of crypto assets, including those carried out by non-residents, are not taxable objects, and incomes ... Read more about " Uzbekistan to legalize cryptocurrency, crypto exchanges, mining and blockchain " on coinatory.com

Crypto exchange Bitbay reported in its tweet that two anonymous coins, Monero and ZCash, are now available for trading on the site. Trading pairs are presented in the following form: XMR / BTC, XMR / PLN, XMR / EUR, XMR / USD, ZEC / BTC, ZEC / PLN, ZEC / EUR, ZEC / USD https://twitter.com/BitBay/status/1014160528963448832 BitBay appeared in 2014 and was created for professional trading bitcoin and litecoin on the Polish market. Monero is now the 13th in the Coinmarketcap rating. At the beginning of the week, the coin was traded at a ... Read more about " Bitbay added Monero and ZCash " on coinatory.com

Changpeng Zhao, general manager and founder of Binance, said that the company is going to open a currency exchange in Uganda. On Thursday, Binance announced the beginning of support for the Ugandan shilling. The subsidiary company will be called Binance Uganda. Therefore, it may be easier to use cryptocurrency as a form of currency instead of trying to achieve opening bank accounts. In addition, the low standard of living of the population became a reason for a rapid assessment of the possibilities of working with digital money: a tangible ... Read more about " Binance launches operations with fiat in Uganda " on coinatory.com