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On 27/06/2020 at 23:50, yoyo01 said:

Okay this is something new for me a lot to digest so many things  i think will try your platform for few days and edit this comment and write better review about my experience and who doesn't love cheap exchanges.

Thank you for giving us a shot, yoyo01! We look forward to hear your feedback about using our platform BestChange.com for buying/selling crypto.

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 Bitcoin brought 70 times more profit than indexes

Buy Shares experts compared the profitability of bitcoin and five leading world indexes. It turns out that over the past five years, BTC has generated an average of 70 times higher profit than indexes. During this period, the value of cryptocurrency increased by 3,400%. The NASDAQ index, which includes shares of all companies trading on the exchange of the same name, brought 96% in profit. The S&P 500 index, which includes 505 companies with the largest capitalization listed on US exchanges, grew by 46%. The Dow Jones industrial index showed a similar increase - by 42%. The lowest result was shown by the index of the British stock exchange FTSE 100, losing 7% in price.

 Bitcoin whale transfers almost $1 billion for a 50 cents fee

A transaction in the amount of 101.8 thousand BTC (about $920 million) took place in the bitcoin blockchain. On June 27, an unknown person sent coins to an anonymous wallet. Then he transferred 5,000 BTC to one address, and the remaining 96,800 BTC to another. At the same time, the commission for each transfer amounted to about 50 cents - the whale paid $1.5 for all operations. The transaction was recorded by the Twitter bot BtcBlockBot.

 Twitter approval of bitcoin at an annual low

The number of posts with the approval of bitcoin on Twitter fell to the lowest for this year - for a month and a half, the indicator slipped by half. According to Santiment, the day after the halving, the positive mention indicator set a maximum of 12 months at 781 mark. Now, this indicator is 327. At the same time, the total number of Bitcoin posts has also decreased, according to Bitinfocharts. On May 11, on the day of the halving, the number of references reached 82,838, and today it has dropped to 32,380. In Google, searches for bitcoin dropped by three times less after the halving.

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 Elon Musk denied rumors of cooperation with ethereum

Last year, actor William Shatner tweeted that he had been preparing to create an Ethereum-based product with Ilon Mask and Vitalik Buterin. Yesterday, Tesla’s CEO decided to reply to the tweet and said that he was working with a crypto project. “I’m not building anything on ethereum. Not for or against it, just don’t use it or own any,” Musk wrote. In 2019, the enrepreneur posted a post with the only word "Ethereum", but later said it was a joke. Musk also repeatedly spoke positively about bitcoin and reported that he owns 0.25 BTC.

 Bitcoin miners' revenues plunge to an annual minimum

Last month, the profit of bitcoin miners plunged 23% to a minimum since March 2019. In May, miners earned $366 million, and in June they earned $281 million. The reason was the reduction in commissions and block rewards, CoinDesk analysts say. In May, after the halving, the mempool increased drastically, which lead to a growth in the size of commissions. By early June, the mempool decreased to its usual size, which led to a drop in commission fees. Last month, their share in the total income of miners was 8.3%, and in June this figure dropped to 4.3%.

 Peter Schiff: the bubble of 2017 was the last one for bitcoin

Peter Schiff, Euro Pacific Capital CEO, once again criticized bitcoin as opposed to gold. He noted that gold shows better profitability, and the idea of long-term retention of bitcoin is crazy. “Since hitting its high in June of last year the price of Bitcoin has fallen by 33%. During that same time period the price of gold has risen by 27%. So, priced in gold Bitcoin has fallen by 53%. The long-term trend has clearly changed in gold’s favor. HODLers remain delusional,” Schiff tweeted. He added that the peak of the BTC bubble occurred in 2017, and now the cryptocurrency price is in a long-term downtrend.

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 CBDC will determine the future of money and cryptocurrencies

According to Guy Sheffield, Visa’s head of crypto. In the next ten years, the development of central bank digital currencies will affect the confidentiality, monetary sovereignty of states, geopolitics and the adoption of bitcoin. “I’d argue that central bank digital currency (CBDC) is one of the most important trends for the future of money and payments over the next decade. Regardless of anyone’s personal views of whether it’s good or bad, the reality is that global interest in it is not going away,” Sheffield tweeted. He noted that earlier single articles from central banks were issued on this topic, and now there is a non-stop flow of information from experts, scientists and organizations.

 European companies favor Ethereum

European Blockchain startups most often choose the Ethereum platform, according to research by LeadBlock Partners. 27% of the projects are based on Ethereum, followed by Hyperledger (20%), Corda (16%) and Bitcoin (8%). Analysts note that the choice of blockchain depends on the area in which the company operates. Ethereum is preferred by startups from the real estate, cultural and art sectors since it is convenient to tokenize such assets on the platform. Hyperledger is popular in the healthcare, food and agricultural sectors, and Corda in the financial business.

 The Block: Bitcoin popularity is far from peak

The massive spreading of bitcoin will come soon, according to the Block’s analysts. Currently, the popularity of the first cryptocurrency is far from the peak levels of 2017, when BTC was worth $20’000. Weekly trading volumes then amounted to $17 billion, and in 2020 their average level did not exceed $2.5 billion. In Google, searches for bitcoin dropped by 8 compared with the end of 2017, and the bitcoin page on Wikipedia was studied 30 times less. Cryptocurrency exchange accounts on Twitter gain subscribers 47 times slower: in January 2018, they received 254,000 new users, and in 2020, an average of 5,340 per month.

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 Bitcoin may get cheaper following S&P 500

The first cryprocurrency increases its connection with the S&P 500 index: according to Skew, the correlation level of the two assets have achieved the record level of 77%. At the same time, the index is predicted to fall. Last week the Citigroup financial corporation informed its investors that it anticipates the asset to go down 10% to 2,900 points. At the moment S&P 500 is traded at 3,169 points, yesterday it added 0,78% to its price. “Another wave of Covid-19 cases that triggers new shutdowns or a slower economic recovery would be challenging”, the company’s analysts noticed.

 Altcoins are ready to go up

Renown trader Peter Brandt thinks. He published the ETH/BTC chart where he showed the upward breakthrough. According to the trader, the pair will get up by 24%: from 0,02637 to 0,03276. Brandt noticed that Ethereum was an indicator for the altcoin market so the rest of cryptocurrencies are up for a rise as well. The capitalization of the altcoin market is growing: it has doubled in the last four months and reached $102,9 bn. At the same time, the share of bitcoin in the general capitalization of cryptocurrencies has fallen from 67% to 64% in two months.

 BTC may go to $9,800

Crypto analyst filbfilb published the short-term prognosis of the bitcoin price. According to the trader, the rate broke through the symmetrical triangle by reaching the level of $9,400. It paves the way to the point of $9,800 where the strong resistance cluster occurs. Filbfilb supposes that the price will fall back to $9,300 at first, but then it will get beyond the level of $9,500. Now the mid-market rate of BTC is $9,383, the coin has become more expensive by 0,97% in the last day.

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 Transfer funds from bitcoin to altcoins is risky

Thinks Jason Williams, a partner at Morgan Creek Digital. According to him, many investors are selling bitcoin right now to buy altcoins and stablecoins. It is a very risky thing to do. "I am sure, if real honest historical analysis was done, it would show holding is a superior strategy", the analyst wrote. He compared this to indices that are ahead of separate companies' shares regarding profitability. Binance head Changpeng Zhao thinks likewise: earlier he claimed that altcoins were hardly to reach their maximum this year.

 Charles Edwards: bitcoin is in for a new rally

Renown analyst Charles Edwards said that bitcoin was ready for a new rally. The Hash Ribbons indicator developed by Edwards confirmed the signal for buying. It is just the twelfth signal the indicator has given through the entire history of bitcoin — the earlier eleven ones were for a rise. The last Hash Ribbons signal was on the 25th of April and after it the price of BTC went up by 34%. The indicator is based on the hashrate and complexity measures. According to the author, the hashrate of the bitcoin network falls down earlier than the regular change in complexity occurs. Periods like that are favorable for entering the market, Edwards thinks.

 The bitcoin billionaire named a "trillion" reasons to buy BTC

Cameron Winklevoss, one of the twin brothers who are bitcoin billionaires, named a "trillion" reasons to buy cryptocurrency. He posted on Twitter the news where the speaker of the US House of Representatives Nancy Pelosi urged the authorities to approve the law regarding the additional support for the population during the coronavirus pandemic. She asked to assign several trillion dollars for that purpose. "We need $1 trillion for state and local. We need another $1 trillion for unemployment insurance and direct payments. Something like that, but probably not as much, for the testing, tracing, treatment", Pelosi said. "A trillion more reasons to own bitcoin", the businessman commented on this news.

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On 16/07/2020 at 13:21, shivshaw11 said:

trying to learn something about crypto market!!!!!!

Thanks for your feedback. Please clarify your question so we can answer. Do you want to read more articles about cryptocurrency? Or do you have any comments on the expert opinion?

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 Peter Schiff: bitcoin is a financial pyramid

Euro Pacific Capital broker company president Peter Schiff goes on with his criticism against bitcoin. This time the businessman called BTC a financial pyramid whose participants protect the idea of bitcoin because they are personally interested in its efficiency. "The very nature of Bitcoin requires owners to encourage new buyers to enter the market. Without new buyers coming in, there is no way for existing HODLers to get out. As with any pyramid scheme, success is only possible for those who get in early if lots of others get in late", Schiff wrote in his Twitter account. Earlier he had worded the idea that BTC price would drop down to zero.

 Weak dollar will strengthen the position of bitcoin and gold

DTAP Capital investment fund co-founder Dan Tapiero thinks. The policy of the US Federal Reserve System will weaken dollar in the nearest future, which will supposedly affect bitcoin, gold and stocks. The analyst's position is based on data from the FRS that they plan to weaken their struggle with inflation in order to support commercial activity. Tapiero points out that if the level of inflation exceeds 2%, the dominating role of dollar in the world economy will be undermined. "Dollar consolidating for one month but now on verge of benign selloff that further supports equity, gold and Bitcoin", the analyst worded his opinion.

 The Morgan Creek co-founder urged everyone to move out of dollar

Morgan Creek co-founder Anthony Pompliano thinks that currencies are prone to inflation so it is necessary to move funds to other assets. Central banks regularly print new batches of cash, which will cause an instant spike in inflation at one moment. Pompliano notes that it is especially true for US dollar since the US Federal Reserve System has recently been issuing a large number of new banknotes. "There is a devaluation of currency. The whole secret to building wealth is to get out of cash and get into assets that are denominated in dollars that will continue to go up in value over long periods of time — stocks, real estate, gold, Bitcoin, all this stuff", the expert advised.

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 Whales are getting ready for an Ethereum pump

Expert at the Santiment analytical service think. They note that investors have transfered 700,000 ETH to exchanges (more than $182 million) for the last three days. Transfers from addresses in TOP-100 of the largest Ethereum owners have been registered. According to the analysts, it indicates an upcoming pump in the price of the cryptocurrency. “The top 100 holders of Ethereum are once again beginning to accumulate higher percentages of the total token supply, in spite of the ongoing consolidation that has been occurring for the past couple of weeks. Generally, when this kind of accumulation starts to mount, it’s a signal that those who have the most stake in ETH (and other respective tokens) are beginning to have a collective sentiment of the token being undervalued and believe it’s a great mid to long-term hold play”, Santiment experts write.

 Opinion: bitcoin will rise up to $10,000

Analyst Benjamin Blunts supposes that the BTC price will go up to $10,200. He says that it will already happen at the beginning of August. The trader notes that the price broke through the trend line upwards, tested it downwards and was in the lateral accumulation zone for some time. Now the bitcoin price is ready to go to the upper border of the lateral range that is located at $10,000-$10,200. Benjamin Blunts points out that it has been squeezed between $8,500–10,200 since the middle of May.

 Peter Schiff urged Paul Tudor Jones to sell bitcoins

Euro Pacific Capital head and gold bug Peter Schiff addressed billionaire Paul Tudor Jones. Not long ago the latter said that he had invested 1–2% of his capital in bitcoin. According to Schiff, it was a mistake and the billionaire made a bet on “the slowest horse”. “It looks like Paul Tudor Jones ended up betting on the slowest horse in the race. In fact, Bitcoin will not even finish the race. If Paul really wants to bet on a faster horse than gold he should move his Bitcoin chips over to silver, or try some gold and silver mining stocks”, Schiff wrote in his Twitter account.

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 Max Keiser: Warren Buffet will buy bitcoin at $50,000

According to Heisenberg Capital founder Max Keiser, Warren Buffet will panic-buy bitcoin at $50,000. The reason for that is that the investor slowly accepts new promising assets. The businessman points out that, for instance, Buffet’s fund lost the opportunity to purchase Apple and Amazon shares in the early days of these companies. “My guess is that Buffett (or whoever takes over after he passes) will start panic-buying Bitcoin at $50,000, just like Peter Schiff will do”, Keiser stated. He added that one of the largest investors Paul Tudor Jones had already invested 1% of his capital in cryptocurrency. Keiser supposed that the investor would increase the share of bitcoin in his portfolio up to 10%.

 Why Ethereum continued to grow

Santiment analysts revealed. The ETH price renewed its two-year high rising to the level of $440 — the currency is traded near this point at the moment. According to Santiment experts, the trend for the position of Ethereum to strengthen will continue. One of the reasons for that is the growing number of transactions in the network. Not long ago this indicator reached the point of 1.27 million operations a day, which became the highest level from the beginning of 2018. Another factor is the growing demand for processing transactions. Payments for transactions continue to renew their highs. It shows that users are ready to pay high commission fees for their transactions to be processed faster.

 The date when the bitcoin price reaches $100,000 became known

The popular Stock-to-Flow (S2F) model indicates that the BTC price will reach $100,000 on August 16, 2021. The exact date was calculated by analyst Bit Harrington who added that he thought the period was too short. However, he points out that bitcoin always went against bearish sentiment. Marc van der Chijs reposted the message and explained why the prediction looked realistic. “Most people think this is impossible, but I have seen a 1000% increase in less than a year at least twice before in BTC (2013 & 2017). S2F is holding up pretty well after the halving, if FOMO will start again anything is possible”, he wrote.

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Very interesting. Oh yes I haven't visited your site but I am clearly interested because there is also a faucet there. be visiting

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On 19/08/2020 at 16:32, mixmd2 said:

Very interesting. Oh yes I haven't visited your site but I am clearly interested because there is also a faucet there. be visiting

Feel free to use our faucet, and check out all the marvelous exchangers and their deals to buy/sell those crypto coins :)

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 Bitcoin and gold will stand in case the stock market falls

10T Holdings and Gold Bullion International co-founder Dan Tapiero thinks. According to him, the stock market is in for a strong correction since the optimism of individual investors regarding S&P 500 index is at its record high. "Unfortunately, most worrying data point have seen in a while for #StockMarket from short term perspective. Certainly an extreme of epic proportions hit on this indicator. Does not seem to be something that can be corrected in just a few days", he said. The businessman thinks that gold and bitcoin "must hold their positions" according to this scenario.

 Opinion: the BTC rate will not go lower than $9,700

Amsterdan stock exchange analyst Michaël van de Poppe thinks that the bitcoin price is going to turn back on above the point of $9,700. He says that the price should go up to $10,800 and then go down to its new local lows within the zone of $9,700-9,800. It will stay within this zone untill the end of the month and then it will go above $11,000. To regain the growth, the price should get stable above a very important point of $11,170. The analyst adds that, however, in case the price tests the level of $9,700 real quick, the BTC price may start to strengthen already at the middle of the month.

 Why bitcoin is going to get as high as $250,000

Popular analyst filbfilb explained. He drew Fibonacci circles through the highs and lows of the two previous growth/fall bitcoin price cycles. It turned out that the high of the next rally coincided with the circle with the period of 3,618. For instance, the pattern built according to the 2013-2015 year cycle showed a high at about $17,900. The actual high of 2017 was at the point of $19,700. Judging from the new patterns, the next rate high will be around the level of $243,000. Analyst GravityWave notes that the new high is also near the area of $250,000. He put Fibonacci levels through cycle lows and highs — the point of 2,382 showed the high of the next bubble.

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 Bitcoin and Gold Correlation Set Record

The correlation between gold and bitcoin has been increasing since July amid a weakening US dollar. The loss of the position of the main world currency has a positive effect on "defensive" assets, which include gold and bitcoin. The level of correlation between the two instruments exceeded 0.5, which indicates a high co-directionality of the movement of their rates. A few months ago, the indicator was below 0.1. The correlation index varies from -1 to 1. The -1 mark indicates that the quotes move absolutely independently, with a value of 1 the price charts completely coincide. In addition to gold, the correlation between BTC price and S&P 500 index also increased. On September 7, the indicator reached 0.4905, after which it decreased to 0.36.

 ETH Transaction Volume Updated Historical Peak

In August, the monthly volume of ETH transactions set a record, reaching $24 billion, according to DappRadar data. The indicator has been renewing maximums for already three months - back in May it did not exceed $2 billion. The active growth of the level of transferred funds in the network is associated with the development of the decentralized finance market. The volume of transfers of DEX and DeFi applications over the past month increased by $9 billion each. The level of blocked funds in the DeFi-sphere increased by $3.61 billion and reached $7.5 billion by September. At the same time, the number of active ETH addresses in August decreased by 6% - this is due to a record increase in transfer fees.

 The first government digital currencies will appear by 2030

Experts from the European Analytical Center believe. In their opinion, at least three central banks will replace their currencies with digital tokens. China, the United States and the European Union will be the first to do so, launching digital versions of the yuan, dollar and euro. According to experts, this will happen by 2030. They also allow for the option of governmental stablecoins being issued by Sweden and the Bahamas. The Swedish regulator recently announced that it is ready to submit the CBDC by 2025. China is already testing the digital yuan, and the European Central Bank is actively exploring this direction.

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 Ethereum 2.0 launch dates announced

Raoul Jordan, Prysmatic Labs developer who is involved in testing of Ethereum 2.0, said preparations for the network's launch go as planned. All necessary features will be added by mid-October, he said, allowing developers to focus on improving security and user interface. “If all goes well, November is still looking good for a launch from our perspective, Jordan wrote. Earlier, a representative of the Ethereum development team, Afri Shedon, also announced that the network will begin work in November this year.

 Ethereum Miners' Profit surges by 98%

In August, Ethereum miners received $285.1 million in revenue, the highest in two years. Compared to last month, profit increased by 98.2%, the resource The Block notes. This happened amid a record increase in online transfer fees. For more than a month, their average level has been above $2, and in early September it peaked at $15. The reason lies in the growth in the activity of applications from the field of decentralized finance. All transactions made by application participants are recorded on the Ethereum blockchain, which increases the load on the network and creates a queue of transfers. To send their transaction faster, users are willing to pay higher fees.

 The digital yuan will become a complete analogue of paper money

The digital yuan is legally fully consistent with fiat currency, says Fan Yifei, deputy chairman of the People's Bank of China. In an article written for Financial News, the official outlined the basic principles for regulating the digital yuan. According to him, digital currency is part of the supply of paper notes and coins, and therefore "must comply with laws and regulations related to money management." Fan emphasized that the digital currency will be accepted throughout the country and "no company or individual can refuse to accept it." The official also added that the digital yuan should be regulated by anti-money laundering and terrorist financing laws.

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On 23/09/2020 at 17:24, olgavga said:

Good exchanger, I have been using it for a long time

Thank you very much for your positive feedback, olgavga! We wish you financial well-being and prosperity. Stay tuned!

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 Hackers Hacked KuCoin Exchange

On Saturday, September 26, the KuCoin cryptocurrency exchange reported it had been hacked. Attackers stole about $150 million worth of bitcoins, ERC-20 tokens and other crypto assets from hot wallets. Funds in cold wallets are safe, according to KuCoin representatives. They also promised their clients to recover all losses from the insurance fund. The company contacted law enforcement and launched an internal investigation. The site plans to resume deposit and withdrawal of funds within a week, said the head of KuCoin Johnny Liu.

 Miners left to mine 2.5 million BTC

At the moment, miners have mined about 18.5 million bitcoins, which is more than 86% of the maximum emission level. There are 2.5 million coins left to mine, and half of them will be mined in the next four years, says an analyst at ChartsBTC. The total number of bitcoins is limited to 21 million coins. The last of them, according to the idea of the creator of the cryptocurrency Satoshi Nakamoto, will be found by 2140. Once every four years, the reward for mining a block is halved, which slows down the issue of new bitcoins. Since the network was established in 2009, there have been three halves. The latter happened in May of this year, as a result of which the block reward decreased from 12.5 BTC to 6.25 BTC.

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 Ethereum 2.0 final testnet launched

On September 29, the developers launched the Spadina test network, which will become a general test before the start of ETH 2.0. Spadina test network will work for three days, with its help the developers will test the depository contract and the process of launching the network. Testnet will work together with the already functioning Medalla network. At the moment, 41% of validators have joined Spadina. 2955 network participants contributed 94,560 test ETH. Earlier, the developers reported that if the Medalla and Spadina testnets work successfully, Ethereum 2.0 will be launched in November.

 93% of TOP-250 cryptocurrencies fell in price in September

Over the past few months, DeFi token prices have skyrocketed, sparking talk of a bull market. The boom in decentralized financial projects triggered an increase in the Ethereum price, which rose from $100 in March to $470 in August. However, in recent weeks, the euphoria in the DeFi sphere has faded, and with it the rest of the crypto market has subsided. According to CoinMetrics, 72% of the 250 largest crypto assets have lost in value over the past week, while 93% of top cryptocurrencies have seen a decline over the month. Most DeFi tokens fell by 15-85% in September. However, specialists from the DeFiWorld portal note that corrections are normal in a growing market, and the current year reminds them of 2016. “We move in bubbles and 4-year cycles. While everyone is just thinking about what happens today, this week, or this month, you should zoom out and reflect where we are really heading. The long term trend is clear: It’s upwards,”analysts point out.

 Users withdrew $5 billion in bitcoins from exchanges

Over the year, the balance of wallets of crypto-exchange clients decreased by 400 thousand BTC (about $5 billion). In October 2019, the figure was 2.8 million coins, and today it has dropped to 2.4 million. The inflow of bitcoins is considered a bearish signal, as traders bring coins to exchanges for sale. Consequently, the outflow of bitcoins from exchange wallets indicates that investors' appetite for selling is declining, according to Cointelegraph analyst Joseph Young. Another possible reason lies in recent exchange hacks. In September, hackers stole $150 million in cryptocurrency from the KuCoin exchange, and a little earlier - $4 million from the Eterbase platform.

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 BTC price will be rising until the end of the year

Analyst Willie Wu thinks. He draws attention to the fact that the number of new participants in the bitcoin network has grown significantly since mid-September, and the cryptocurrency price has not reacted to this. In the last year and a half, the price of bitcoin in all cases has increased following an increase in the characteristic. Therefore, BTC is currently undervalued, the analyst points out. He also notes that in September, market participants accumulated coins while the price moved sideways. This is indicated by the On Balance Volume indicator. Another important metric of the beginning of growth is the ribbons of complexity. The indicator has left the "compression" zone, which previously always indicated an increase in the value of bitcoin. “Overall: bullish the next 3 weeks, also bullish over next 3 months,” concludes Willie Wu.

 Bitcoin will rise in price to six-digit numbers

If one condition is met, said Michael van de Poppe, an analyst at the Amsterdam Stock Exchange. He notes that previous bullish runs of the BTC price took place amid a falling dollar index. This was the case in 2014 and 2017. Since March this year, the index has also significantly lost in value, which contributed to the rise in the price of bitcoin to $12,400. The price of BTC may temporarily sink due to the second wave of coronavirus, but in the long term, the cryptocurrency will win as a safe-haven asset. “Of course, a potential drop by 25-35% could occur in the first stage of the crisis just like in March. But Bitcoin and gold would benefit significantly afterwards as safe havens against a weakening dollar, which is precisely what happened in December 2017 as BTC hit its all-time high of nearly $20,000,” writes van de Poppe. If the weakness of the dollar persists in 2021, then bitcoin may rise in price to six-digit numbers, the analyst said.

 New US stimulus measures will strengthen bitcoin

The BTC rate will continue to rise this week amid falling dollar index, Cointelegraph analyst William Suberg writes. The index declines for the fourth day in a row as negotiations continue in Washington on new stimulus measures due to the coronavirus epidemic. The amount of support can reach $2.5 trillion. US Treasury Secretary Stephen Mnuchin confirmed that the measures will include a new round of payments in the amount of $1,200 for a number of categories of US citizens. Past payments took place this spring during the first wave of coronavirus. Then the crypto-exchanges recorded a sharp jump in deposits for exactly the amount of incentive checks. Trader Ton Weiss recommends buying bitcoin as he believes the authorities will continue to issue dollars. “No matter who wins they will keep printing, so buy bitcoin,” Weiss wrote during a debate between US presidential candidates Donald Trump and Joe Biden.

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 John McAfee arrested in Spain on tax evasion charges

John McAfee was arrested in Spain on tax evasion charges, according to the US Department of Justice. He will be extradited to the United States. The businessman faces more than five years in prison on the charges brought against him. On the same day that McAfee was detained, the US Securities and Exchange Commission (SEC) sued him for promoting initial coin offerings (ICOs). The businessman allegedly misled investors by not saying that he was receiving money for advertising projects. According to the SEC, McAfee received over $11.6 million worth of BTC and ETH for promoting seven ICOs in 2017 and 2018. He also raised $11.5 million in promotions. John McAfee got a lot of fame in the cryptosphere after promising to "eat his own dick" if bitcoin does not rise to $ 1 million by 2021. Later, the founder of the McAfee antivirus said that "only an idiot would believe" in this prediction. At the moment, McAfee's Twitter has more than 1 million subscribers.

 75 crypto exchanges closed in 2020

Analytical portal Cryptowisser reports. Basically, the list includes centralized sites. Compared to last year, the figure is up 56% and "there are no signs of decline." While the crypto industry continues to show impressive growth, the cryptocurrency exchange industry is facing high competition and regulatory requirements, analysts write. According to the report, exchanges are most often closed on their own, due to hacks or at the request of the authorities. The positions of centralized exchangers have also been hit hard by the development of decentralized exchanges. “For a new centralized exchange to flourish, it will likely need to have some form of unique edge that is not already on the market today,” notes Cryptowisser.

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