The Block journalist Larry Chermak analyzed 37 exchanges and found that since June 2019 they have experienced a decrease in traffic by 37%, which can indicate a fall in the interest of retail investors in cryptocurrencies. The volume of trading on exchanges and even the number of requests to Google for the word "bitcoin" are also reduced.
The number of crypto transactions through processing services increased in the first half of 2019 by 65%, according to Chainalysis portal. Of these, 89% are bitcoin transactions.
The head of the Central Bank of the Russian Federation, Elvira Nabiullina, said that her department opposed monetary substitutes and private money, which could destabilize monetary policy and the entire economic system. At the same time, the Central Bank is ready to consider the use of digital currencies in the activities of financial institutions.
The Ministry of Internal Affairs of the Russian Federation intends to develop a method of confiscation of digital assets obtained by criminal means, by 2021. The issue of the arrest and seizure of cryptocurrencies is discussed at once by several departments in connection with the initiative to combat virtual crimes.
Several large Ethereum network members have teamed up with the decentralized organization Marketing DAO, whose goal they call the promotion of the second largest cryptocurrency and public relations.
Co-founder of the Chinese manufacturer of mining equipment Bitmain Mikri Jean, expelled from the company by his associate Cihan Wu, promised to go to court and start a war against the company’s leadership, as he considers unfair his dismissal from the post of CEO.
Square announces a record volume of Bitcoin sales in the fall of 2019: through the Cash App, trading operations were carried out with the first cryptocurrency worth $ 148 million, which is 20% more than this summer.
In just a day, the Bakkt crypto derivatives platform doubled the record volume of active positions in bitcoin futures from $ 1 million to $ 2 million. The record was recorded against the backdrop of a decrease in bitcoin volatility. Analysts predict an increase in trading volumes on Bakkt in November to $ 200 million.
The Tezos XTZ cryptocurrency has grown in price by 50% on the Coinbase exchange amid news about the launch of staking on this token for site customers from the United States.
The Argentinean division of the Huobi exchange intends to invest $ 100 million in the construction of a cryptocurrency data center in the country.
In 2019, the number of transactions in RippleNet increased by 10 times, the customer base of Ripple startup is more than 300 companies, and its 20 largest corporate clients use its international liquidity system, Liquidity on Demand (ODL, formerly known as xRapid).