December 1, 2020

Cryptheory

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Crypto News of the Day (29.1.) | Bitcoin to 3m maximum and rising • McAfee completely turned, claiming Bitcoin is a true shitcoin • and more

4 min read
Crypto News of the Day (29.1.) | Bitcoin to 3m maximum and rising • McAfee completely turned, claiming Bitcoin is a true shitcoin • and more

Here you can find an overview of the most important crypto events in the last 24 hours.

 

Markets

Cryptomarkets continues the graceful upward ride. Bitcoin added more than $ 300 since yesterday, the current price is $ 9,300. The key level has been broken and the price is still rising. Panic about the further spread of coronavirus seems to be contributing to the rise in cryptocurrency prices. After a long time, the mood on the cryptomarkets has shifted into the green, and it seems that the buying fever is beginning to spread, while the classical financial markets have already suffered considerable losses.

 

You can monitor the current cryptocurrency prices – here.

 

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Cryptocurrencies

 

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Crypto exchanges / Banks

 

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McAfee turned completely, claiming Bitcoin is a true shitcoin

John McAfee, who had previously boldly predicted that Bitcoin will reach $ 1 million by the end of this year, has recently turned and is now continuing his negative attitude towards the largest cryptocurrency. The founder of one of the most popular antivirus programs said Bitcoin is a real shitcoin and the future of cryptocurrencies is in altcoins. Following a recent comparison of the largest cryptocurrency to the popular Ford Model T due to “ancient technology”, McAfee brought him back to the BTC. Today he went even further and declared that Bitcoin is a true shitcoin.

 

 

Zermatt in Switzerland will receive taxes and fees in Bitcoin

Zermatt, a municipality in Switzerland and a popular tourist resort, in cooperation with Bitcoin Suisse; today announced that it accepts bitcoins (BTC) as a means of payment. This applies to taxes and official payments with immediate effect. Bitcoin Suisse installed a point-of-sale (POS) solution at the Zermatt town hall, so service fees from local authorities can be paid in bitcoins. In addition to access to POS facilities at Zermatt’s town hall, taxpayers will also be able to pay their taxes at the municipal level using bitcoins. Bitcoin Suisse, based in Zug, is the oldest and largest cryptographic company in Switzerland.

 

BAKKT has not recorded any trades in the last 10 days

Bakkt, noted the decline in his recently introduced bitcoin options. Last week, 20 to 24 January, Bakkt registered zero trading volumes, according to data available on the web. The last traded day for options was January 17, when 20 lots were traded. However, according to Skew, Bakkt has not registered any trades in the last 10 days. That’s because Skew also counts weekends, which is a more accurate way.

 

Huobi joins the companies helping the victims of the coronanvir

Wuhan and other towns in Hubei province were quarantined. In response to the spread of coronavirus, some large cryptocompanies have been heard and offer financial assistance. A few days ago, Binance CEO Changpeng Zhao announced that Binance will provide 10 million yuan (approximately $ 1.44 million). Huobi follows the example of Binance. The Singapore cryptoexchange announced the founding of the Huobi charity yesterday. The first step of a new organization, created in response to coronaviruses, is to purchase protective equipment for health workers in the affected area for 10 million yuan.

 

 

Former member of CFTC became CEO of futures exchange

Mark Wetjen, former acting chairman of the Commodity Futures Trading Commission (CFTC), is the new CEO of the Miami International Futures Exchange (MIAX) and executive vice president of the Miami International Holdings (MIH) parent company. According to a press release, Wetjen will be working on future and innovative products – including cryptoderivatives – and will act as regulatory advisor to MIH.

 

 

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