Forecast for over 30 years: We should have Phoenix - the new world menu • Institutional investors show increased interest in XRP • Why Binance delisting four alcohols - possible reasons • South Korea changes attitude towards ICO

in #cryptocurrency6 years ago


On 10 October 2018, we should be ready for a new world menu. This date was determined by the Rothschild Economist Magazine, which predicted the new world menu in its release on January 9, 1988. The front page shows a phoenix with a coin with engraved numbers 10 and 2018. Dollars are falling below it. The accompanying article states:

"From now on, for thirty years, Americans, Japanese, Europeans and people in many other wealthy countries and in some relatively poor countries will probably pay for purchases with the same currency. Prices will not be in dollars, yen or D marks, but say in Phoenix. Phoenix will be supported by companies and buyers because it will be more profitable than the current national currencies. "

In this forecast we see a piece of truth. Is the Bitcoin Team a Phoenix fancy? Even though Bitcoin is already trading globally, markets appear to be inadequately prepared for such a seismic shift. Read more here: https://bitcoinist.com/today-moon-economists-1988-prediction-bitcoin-sleeps/

"Bitcoin Rat" settled on Wall Street

Ten years after the financial crisis (2008), an artist known as Nelson Saiers placed his latest artistic creation directly opposite the New York Federal Reserve. The artwork is a large, terrible inflatable rat, covered by Bitcoin code. Saiers, a mathematician and former Wall Street manager of hedge funds, devotes his energy to works of art that are targeted at the traditional financial system we meet daily. The timing of the installation is also interesting because October 31, 2018 will be the tenth anniversary of the release of Bitcoin's white book, Satoshi Nakamoto. Read more here: https://news.bitcoin.com/a-bitcoin-rat-is-occupying-wall-street/

Institutional investors show increased interest in XRP

Ripple and XRP have occurred in recent months due to various events in reports that helped raise awareness of this cryptome. Grayscale Investment has released new figures for institutional investors. At present, the company manages assets of $ 1.6 billion. According to the company, up to 12.5% of investors are interested in XRP. .

However, Bitcoin remains the focus of interest. BTC's interest increased from 57.6% to 66.8% between 30 June and 30 September. On the contrary, interest in Ethereum, Bitcoin Cash and Litecoin fell. ETH fell from 23.6% to 13.1%, BCH from 6.5% to 5.5% and LTC from 2.4% to 2.1%. Read more here: https://bitcoinexchangeguide.com/institutional-investors-show-increased-xrp-coin-interest-per-new-grayscale-revealings/

Binance decribed four alcohols - possible reasons

Binance, the world's most popular cryptobus, has announced that it is getting rid of 4 coins (BCN, CHAT, TRIG, ICN). Although Binance did not explicitly explain why, the following are likely:

Bytecoin (BCN): Underwater behavior.
Developers and founders are anonymous and 82% of the pre-loaded were created after its creation.
CatCoin (CHAT): Level of public communication and activity.
The project was not active on June 30, 2018, and their social media seemed abandoned. After August 30, they tried to be more active.
Triggers (TRIG): Network / Smart Contract Stability.
Bittrex canceled TRIG as early as January 2018 due to lack of interest. No mainnet swap on TrigX has yet been launched.
Iconomi (ICN): Level of safety.
Removing ICNs comes at a time when the token is to be converted to the eICN equivalent. However, most cryptographers are not ready to legally offer eICN.

Binance's recent actions look like the company is doing everything in its power to protect its users. Read more here: https://bitcoinist.com/binance-delists-four-coins-bcn-chat-trig-icn-for-four-very-different-reasons-ut-we-investigated-why/

South Korea changes its attitude towards ICO

According to The Investor, the South Korean government is likely to announce its new official position on Initial Coin Offer (ICO) in November. South Korea for the first time banned ICO in September 2017. It said that the practice of raising funds through ICO is almost a hazard.

The Korean government was considering revising the ICO rules in August 2018 when it planned to create its own blockcain island on Jeju Island. At that time, the South Korean National Assembly, together with the Ministry of Science and Information Technology, discussed a possible legal framework for ICO and possible measures to protect investors. Read more here: https://cointelegraph.com/news/south-korea-to-announce-its-ico-stance-in-november-top-official-says

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