Fundstrat Global Advisor Managing Partner and cryptocurrency enthusiast Tom Lee believes that after the recent strong growth in Bitcoin, the bulls have again begun to dominate the market.
Fundstrat Global Advisor Managing Partner and cryptocurrency enthusiast Tom Lee believes that after the recent strong growth in Bitcoin, the bulls have again begun to dominate the market.
Max Property Group Brings Innovation and Transparency To Real Estate
Despite being the most valuable asset class in the World, the technology underlying the real estate investment market has remained largely unchanged for decades. Max Property Group, a real estate investment company in the Netherlands, having suffered antiquated practices and outdated technology first hand, has developed a platform with the potential to rock a US $228 trillion market.
Heath Tarbert, chairman of the U.S. Commodity Futures Trading Commission (CFTC), believes that Ethereum futures will be launched as early as next year.
During his speech at Georgetown University, Tarbert expressed the view that air futures will appear within 6-12 months, however, the launch of such products does not mean an immediate growth in the cryptocurrency industry.
Well-known American entrepreneur and cryptocurrency enthusiast John McAfee believes that stablecoins are only an intermediate solution for decentralized exchanges.
McAfee mentioned the main problems associated with the conversion of fiat and cryptocurrencies on exchanges. According to him, stablecoins are not quite suitable for use on decentralized exchanges, given that such exchanges do not collect any information about users, including their names, addresses, insurance number, email, etc.
Telegram sent a new letter to its investors, in which it says that the launch of the TON blockchain is postponed for six months. The launch deadline is now set for April 30, 2020. Investors can exit the project by taking 77% of their investments.
In the letter, the company refers to a proceeding with the US Securities and Exchange Commission (SEC), which considered Gram tokens to be unregistered securities. The regulator managed to achieve a time limit on their sale and use, which interferes with Telegram's plans.
Founder and CEO of BKCM cryptocurrency investment company Brian Kelly believes that the industry does not currently need Bitcoin traded exchange traded funds (ETFs).
Kelly emphasized that Bitcoin ETFs are not needed for the development of the industry, since the first cryptocurrency is already available for trading on regulated platforms such as Fidelity and TD Ameritrade.
The American regulator dealt an unexpected blow to the upcoming TON blockchain, accusing Telegram of unregistered sale of tokens a year and a half after the ICO.
The U.S. government seems to consider corporate cryptocurrencies more dangerous than public blockchains. Until now, all the claims of regulators and politicians have been streaming on Facebook for the Libra project, and a similar development by Telegram, which began selling $ 1.7 billion in tokens in January and March 2018, has remained in the background. However, this silence was deceiving.
Telegram introduced the first edition of the rules for using the "Gram" cryptocurrency wallet, which was developed by the company to store the tokens of the same name.
The rules say that the Gram wallet is provided by Telegram FZ-LLC and will be built into the Telegram messenger, and is also available as a separate application. One of the main points in the rules is the age limit - only people over 18 years old can use the wallet. In addition, only citizens of countries in which it is not prohibited by law can use the Gram.
Former U.S. Attorney General and current partner at Andreessen Horowitz investment company Kathryn Haun believes open blockchains help solve crimes.
Hon called blockchain transactions "digital bread crumbs," which, one by one, lead to a real criminal. In addition, law enforcement agencies are much more effective at combating crimes committed with bitcoin than monitoring traditional financial flows.
The head of the blockchain division of Facebook, David Markus, in his blog spoke about the shortcomings of traditional payment systems and why you need to switch to systems based on the blockchain.
"As I've been traveling around the world meeting with key stakeholders, it became clear to me that the advantages of digital currency transmitted over a blockchain — notably when it comes to broadening access and lowering costs of financial services — weren't as evident to others as I assumed they were," Marcus began his story.