The Blockchain and the crypto world is full of innovations, conjectures, and sometimes completely wrong predictions. If you missed the Top Stories this week, this article provides a comprehensive overview of the Top headlines. In the world of Cryptocurrency and the Blockchain, a lot has happened. Here is a brief summary of the events:
G20 countries will regulate crypto-currencies
The G20 countries have published their Plan to find a solution to the question of taxation and the regulation of crypto-currencies. The countries have agreed on the use of crypto-currencies to the G20 conference, which took place in Buenos Aires, to deal with. The joint Declaration was signed on Saturday by all G20 countries. You admitted that the current multilateral trade regulations, fulfill their purpose and developed a fundamental Reform of the world trade organization.
The G20 countries are also thinking about a clear and flexible monetary policy, which meets all the global Standards. It is important to promote sustainable growth. The G20 countries declared that they will continue to work for the full, timely and consistent implementation and completion of the approved programme of financial reform and the evaluation of their consequences.
Billionaire Mike Novogratz announces Great things for the crypto world
The current Crash of Bitcoin and other Altcoins has hit investors hard and came after a long period of relative stability, the investor was not prepared. Mike Novogratz, a billionaire Investor, and one of the biggest Influencers in the crypto-Space, also suffered from the Crash of the markets that may have been triggered by a large sell-off in the stock market. The crypto-investment company Galaxy Digital by Novogratz, has lost in the year 2018 for $ 100 million, as the bear market stretched up in the last months of the year.
However, Novogratz also remains in the volatile market situation with determination and has issued currencies will be long-term commitment to the growth of the Blockchain technology, as well as the tokenized Crypto. Although many of the references again on “upcoming adaptation“ and “institutional investments“, uses Novogratz his Position as a former Fortress Group hedge Fund Manager and Goldman Sachs Partner to the industry for the future of the market prepare.
Bobby Lee: “The Bitcoin will remain in the long term”
Bobby Lee, Co-Founder of BTCChina, and one of the most famous persons in the Blockchain-the world, has said that the Bitcoin will be an integral part of humanity, similar to electricity or the Internet. He also said that the crypto-Revolution was unstoppable. These prophecies, he expressed, as he tweeted about the current G20 conference. Lee is not concerned about the recent Bitcoin Crash. According to him, the market is in the short-term recovery phase, and this is the best time to buy when the market crashes down.
According to the Co-Founder of BTCChina, you can buy, if prices rise quickly and if all are happy. It carries a high risk when the market turns. But if you want to buy in the long term, and low prices wants, you have to buy when the market crashes.
Korea’s largest Internet company Kakao launches ICO
In contrast to the traditional Fundraising Initial Coin Offerings (ICOs) promise many benefits. They are simple to start, require less paperwork and offer quick sales and thus bring benefits that can not offer other traditional methods. This has led to many companies and organizations began to capital through ICOs to collect. With the rise in scams and the problems with the regulatory authorities, it is more difficult than ever. This has to start with some large companies not held, however, ICOs, the South Korean company Kakao.
Cocoa is a large Korean multinational, which focuses mainly on Internet applications. Cocoa is currently in the process of collecting $ 300 million for his Klayprojekt. Cocoa has been trying for some time to collect a ICO of capital for this project. Previously, cocoa had tried to make a public Token Sale of the same ICO, a Swiss-based branch office, but due to the opposition of the Financial Services Commission (FSC) has rejected this Plan.
Binance start your own Binance Blockchain
Binance, the world’s largest crypto stock exchange will introduce a separate Blockchain called “Binance Chain“. The new Binance-Blockchain to currencies the basis for the development of new Cryptographic and ICO-Token form. Changpeng Zhao (CZ), CEO of Binance, said at the Event “Decrypting Blockchain for Business“, the fresh ideas are similar to the old concepts of crypto, and thus lead to the expected global to be Made.
In addition to this, the blockchain-based hotel booking platform, Tripio, on 4. In December a partnership with Binance announced that allows more than 10 million active users of Binance to use BNB as one of the main payment options on the Tripio platform for booking.
Disclaimer: Because of the buying and trading crypto-currencies with a significant risk of loss goes hand in hand, we speak of crypto Ticker not a recommendation to buy from. Please inform yourself thoroughly, comprehensively and, above all, independently from various sources that you trust before the acquisition of a crypto-currency.
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