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This week, market news attracted the most interest because of the continuing drop in the price of bitcoin and crypto-currencies, which broke through the weekend the $ 4,000 mark. Thus, the feeling of the participants in criptomercado oscillates between capitulation and resistance, the attention being paid to the behavior of the market.
Some of the most notable news include:
- Spain's national tax authorities have identified around 15,000 taxpayers using cryptocurrencies, after obtaining information on transactions with cryptocurrencies customers of banks, bureaux de change, intermediaries and companies that allow invoicing with cryptoactives.
- The Bakkt company has postponed to 24 January 2019 the future bitcoin contracts that were to be marketed from December 12th. According to Bakkt, through its managing director, Kelly Loeffler, it's because have the intention to add new features to the product.
- Investor sentiment about falling prices oscillates between capitulation and resistance. According to the information of Santiment the words in English capitulation and capitulate they increased in groups of Telegram and Reddit, although the words Hodl and hold They showed a lot more activity than the previous ones.
- On November 21, users of the Uphold platform received a fraudulent email supplanted the official domain of the company. A coupon was offered to the courier for a 15% refund of the funds, on the occasion of Black Friday. 2,400 USD were registered and sent to the fraudulent address.
As well:
- A report from the Central Bank of the United Arab Emirates announces that the project of issuing a digital currency of the central bank of this country entered its design phase and he would be ready by mid-2019. The purpose of this plan is to authorize cross-border payments between a number of banks.
- The hash rate or processing power displayed by networks of major cryptocurrencies decreases with market prices. An indicator that some miners they disconnected their equipment unable to monetize their daily operations.
- The downward trend in bitcoin prices continued in advance on November 24, when cryptocurrency broke the $ 4,000 barrier., traded at USD 3,813.86, which represents a decline of 11.85%.
- An Argentine cybercriminal was sentenced to two years in prison for stealing 500 ethers from a sales platform in December 2017. The charges for which he was convicted were "computer fraud"And" violation of secrets and identity ".
In this way, the week was very active in the cryptography market events, when volatility returned. Although the news regarding regulatory plans and the progress of projects related to bitcoin derivatives and cryptoactive technology indicate that the ecosystem is progressing.
Bitcoin miner's farm. The image selected by LIGHTFIELD STUDIOS / stock.adobe.com
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