Here are the five new cryptos that caught our attention this week:
The European Union is preparing the regulation of crypto assets
The European Union is preparing the regulation of crypto assets and especially stablecoins. These cryptocurrencies are backed by underlying assets that are considered stable, such as fiat currencies. The finance ministers of five EU countries, namely France, Germany, Italy, Spain and the Netherlands, therefore met because they believe that cryptocurrencies pose a threat to the monetary sovereignty of the euro zone. They are therefore working on a new regulation to regulate cryptos, including stable coins, which is now subject to the supervision of the European Banking Authority. The document, which was just a working draft, has unfortunately been leaked and its 168 pages are searchable online. You can find the direct link here.
Bitcoin whales continue to accumulate in 2020
You may know that there are whales in the world of Bitcoin. A whale is someone who has a wallet that contains at least 1,000 bitcoins or more than $ 10 million. After examining data from Bitcoin transactions between January 2020 and early August, OKEx Insights and Catallact companies showed that Bitcoin’s whales have grown even bigger, in other words, that they continue to accumulate BTC. They took advantage of the sharp fall in prices in March to increase their stocks. Large Bitcoin transactions have grown steadily over the summer, and the largest buyers have become very active as the smaller investors have adopted a much more wait and see strategy. The link to the full analysis can be found in the description.
Société Générale-Forge chooses Tezos for its central bank digital currency
It is the Tezos blockchain chosen by Société Générale-Forge to experiment with a central bank digital currency (MDBC). Settlements continue on the side of the Banque de France, which, in collaboration with Société Général, one of eight service providers selected to participate in this project of the Central Bank of Digital Currencies for Interbanks, is boosting the tests of its digital euro. Forge, the Société Générale subsidiary specializing in security tokens, will therefore use Tezos, a decentralized and self-developing public blockchain based on proof of use.
Japan is reportedly lagging behind China on blockchain and CBDC
As we know, there is a real race for cryptocurrencies and digital currencies from countries or larger entities like the European Union that are currently working on creating their crypto euro. China is one of those countries that seem way ahead. And according to a Japanese expert who published an analysis this week, Japan could lag behind China by up to six years in further developing its digital currency. According to him, China is trying to « take the lead in the blockchain industry worldwide, » and it is true that not a week goes by at Cryptonews without being briefed on China and its initiatives. The Japanese expert pointed out that China set up a research unit for its digital central bank currency (CBDC) back in 2014. According to this Japanese expert, China organizes a lot more blockchain events and conferences than Japan and was talking about replacing cash with digital currency as early as January 2016. According to him, the arrival of the digital yuan is imminent. Will Japan react?
The singer of the rock band Kiss is a big fan of Bitcoin
We’ll end the week’s five music bulletins with a trip on Twitter for Gene Simmons, singer and bassist for rock group Kiss. The 71-year-old rock star is not dumped at all and is even very interested in cryptocurrencies like Bitcoin. He replied this week to a tweet from Cameron Winklevoss, the co-founder of the Gemini Crypto Exchange. The billionaire has expressed his desire to make buying Bitcoin (BTC) and Ethereum (ETH) easier for people without bank details. « It’s easier to buy Bitcoin and Ether when you’re already in the old system. If you don’t have a bank account, it’s difficult to get money into crypto. We have to change that. » Said Winklevoss. The Kiss singer’s answer was as succinct as it was enigmatic: “I’ll do it. I’m already doing it. ”Will he do a cover of the band’s song I Was Made for Lovin ‘You… Bitcoin?
Please note that Cryptonews is taking a short week’s vacation. So there won’t be five messages next week. We will meet on October 2nd. See you soon!
Here are the 5 crypto news of the week in the video:
Buy cryptocurrency; SEPA Europe Zone and French citizens:
How To Buy Cryptocurrency In Canada:
How To Buy Cryptocurrency Around The World:
How Can You Make Money With Cryptocurrency?
How to secure or store your cryptocurrencies:
- To invest in mining or master nodes:
- How to anonymize your cryptos:
- How to interest your bitcoins:
- How To Collect Crypto While Playing:
- Here are five ways you can make money with cryptocurrency from the comfort of your home.
- # 1 hodling. …
How do I make money with Bitcoin?
# 2 Cryptocurrency staking. …
How can you make money with Binance?
# 3 master node. …
How can you make money with Bitcoin?
# 4 Crypto cashback. …
Which cryptocurrency should be invested?
|# 5 Daily trading. …||Conclusion.||Trading, derivatives, or investing in startups are all ways to bet on cryptocurrency. For some, Bitcoin doesn’t have what it takes to be an investment.|
|All you have to do is register and deposit or buy the cryptocurrencies that Binance accepts as loans. Every month Binance pays you your interest on your borrowed cryptocurrencies and guarantees passive income every month! A simple solution to make money with your cryptocurrencies.||Bitcoin allows you to make money by investing in startups, companies, stocks, or even developing the blockchain itself. Blockchain-based startups are a very popular choice when it comes to investing in an area related to cryptocurrency.||Cryptocurrency|
|Price ($)||Variation over the year||Bitcoin (BTC)|
|7.539||+ 96.16%||Ethereum (ETH)|
|132.9||– 5.62%||Ripple (XRP)|
What are cryptocurrencies?
Where to Buy Cryptocurrency
- Litecoin (LTC)
- + 32.29%
- Before you get down to business, here is a list of the top 20 cryptocurrencies you should know: Bitcoin, Etherum, Ripple, Bitcoin Cash, Cardano, Litecoin, NEM, NEO, Stellar, IOTA, EOS, Dash, TRON, Monero , Bitcoin Gold, Etherum Classic, ICON, Qtum, Lisk and RaidBlocks.
- B-TOP 5 of the best websites to buy cryptocurrency in France
What is the most profitable cryptocurrency?
Buy cryptocurrency on Binance. …
How does the value of a cryptocurrency increase?
Buy Bitcoins, Ethereum and Litecoin on Coinbase. …
What is the future of bitcoin?
Coinhouse or the place of home of Bitcoin. …
Which cryptocurrencies should be bought in 2020?
Buy bitcoins on Bitit. …
- Buy cryptocurrencies from VirWox.
- These are cryptocurrencies, especially Bitcoin. It is indeed the most profitable commodity today.
- The number of people using the currency that trust leads to more or fewer people using the currency which of course also adds to the value of the asset. What defines the value of a cryptocurrency is therefore also its popularity.
- JP Morgan believes the price of Bitcoin could hit $ 146,000 in the long run. Bitcoin ended the year with a record 300% increase over 2020.
- 6 cryptocurrencies to buy for 2020 and beyond
- Bitcoin (BTC) First of all, I’m not going to be original, but rather efficient. …
How to invest in Bitcoin in 2020
Basic Attention Token (BAT) The success of Basic Attention Token never fluctuates month after month. …
- Enjin Coin (ENJ) …
- Binance Coin (BNB) …
- Nexo (NEXO) …
- Ethereum (ETH)
- How do I invest in Bitcoin in 5 steps?
Which cryptocurrency should be invested in 2021?
|Register with Bitcoin Trader using this link.||Create an account on the broker platform.||Fund your account.|
|Select Bitcoin and click « Buy ».||Open a Bitcoin trading position.||Surname, surname|
|Market capitalization||Number in circulation||Ethereum (ETH)|
|+ 134 billion euros||114 M.||Ripple (XRP)|
|+ 10.3 billion euros||45.4 billion||Bitcoin Cash (BCH)|