Welcome to our crypto Monday of the week in review! In calendar week 39 of the Bitcoin exchange rate has experienced a sharp decline, and has propelled the entire crypto market is down. While the Bitcoin exchange rate hung at the beginning of the week at the $ 10,000 mark, were able to use some of the Altcoins of the thrust from last week and still continue to increase. But on Tuesday, the hopes of an Altcoin were eliminated-Season final. The Bitcoin price fell within a few hours to approximately 17%, and has caused a short term Altcoin Crash of the purest blood.The Bitcoin price has plummeted during this strong closeout on Binance briefly at 1,800 USD, and has made some buyers happy. But what was the cause for this sharp decline? A few days before the Bitcoin Hashrate, which stands for the security in the network is dropped, briefly by as much as 40%. Could be related to the Bitcoin price decline together? Bitcoin is in danger? Or Buy the Dip?Nexo – Better than any Bank account, you do not sell your Kryprowährung. You keep it and get an immediate line of credit with a local Bank transfer from Nexo. Earn up to 8% interest on your Stablecoins, EUR, USD & GBP. 100 million USD of insurance on managed Assets. Start now!Where we are already at the topic of security: Google has unveiled its new quantum computer, has brought the Crypto-Community in an uproar. In France there seems to be no Worries and 25,000 new acceptance points for Paying with Bitcoin.Also IOTA, Ethereum (ETH) and Ripple (XRP) were in the headlines. This IOTA has made a large step forward and his partnership with the Linux Foundation announced. Ethereum has been in the meantime, his blocks are accused to have secretly increased by 25% and thereby centralised. Ripple wants to help with xRapid and XRP banks for $ 10 trillion in domestic Bank accounts release. But that’s not all.
Contents
The week in review on our Youtube channel
As usual, Mirco has dealt with them on YouTube again, some of the hottest topics of the week. Moreover, you will find other exciting formats. So it pays to always have a look on our Youtube channel. Subscribe to our channel so you never miss a thing!Now we go directly and look at the most important events of this week. A lot of fun with our crypto Monday of the week in review!Let us know what were for you this week the most exciting, or the most significant event and discuss about it with our Community on Telegram.
Bitcoin exchange rate and Altcoin bloodbath – 7 possible reasons for the break-in. BTC price Crash on 1,800 on Binance
In the past week, the events have followed in rapid succession all around the Bitcoin exchange rate. The Bitcoin exchange rate has suddenly fallen by about 10,000 USD 8,000 USD, and that has triggered the purest bloodbath for the Altcoins. The panic was apparently so great that some investors indiscriminate Market Sell-set Order, and the Bitcoin exchange rate up to 1,800 USD sold-off. This happened on the crypto-exchange Binance when trading pairs of BTC/BUSD (=Binance Stablecoin).Meanwhile, Peter Schiff, a noted Bitcoin opponent has said, in near real time Bitcoin exchange rate from $ 4,000 previously. Other experts have taken the opposite position, and the Bitcoin purchase get – Buy-the-Dip. The Bitcoin exchange rate drop was for many inexplicable and it was operated directly usachen research. We have selected for you 7 possible reasons for the BTC-rate sale. Read more.75 % of private CFD accounts lose money. No EU investor protection.
IOTA with Mega-partnership and the fight for more sustainability
The IOTA Foundation has joined a few days ago, the EIT Climate KIC sustainability. This IOTA is to examine the role of the Distributed Ledger Technologies (DLTs) and the Internet of things (IoT), in order to gain new knowledge, to develop sustainable funding solutions and to form the open Data marketplaces.But probably the most important IOTA News in the last weeks and months remains the partnership with the Linux Foundation. Together with Hyper Ledger and LF Edge to establish a IOTA in the area of Internet of things (IoT) and a new Open Source IoT Standard to enforce. This is a very bullish message. More Details.75 % of private CFD accounts lose money. No EU investor protection.You don’t want to buy Bitcoin, you know, but where? To decide the right provider is not always easy. Therefore, we recommend that you take the time to look at our Bitcoin Broker & exchanges comparison. Often several providers are already required to really get all the Cryptos to cover. See for yourself: Bitcoin Broker & stock exchange compared with that now read.
Bitcoin exchange rate by a quantum computer is threatened? BTC Hashrate breaks. 25,000 new points of acceptance for Bitcoin
This week, the interest fell to Bitcoin and crypto-currencies by a mistakenly released report on the NASA Website. In the process, Google is said to have successfully tested a quantum computer with 53 Qubit. Many questioned the security of Bitcoin in question. At this point the all-clear – Bitcoin is by Google’s quantum computer is not threatened.Additional Concerns has not only made the Bitcoin exchange rate, but the short-term Bitcoin hash rate drop of 40%. The Hashrate has remained shortly afterwards recovered, but some Worry about the safety. But even here, Bitcoin has nothing to fear. In the case of the BTC Hashrate is an estimation value that is calculated with several factors, including the flexible Block-time. Therefore, the Bitcoin Hashrate is subject to regular fluctuations. In addition, the Hashrate Crash had no influence on the subsequent Bitcoin price drop.Of these events, the French Point-Of-Sale Provider Global POS was not deterred and would now like to expand its existing POS Terminals, in over 25,000 branches, with Bitcoin. Thus, it will be in many French shops and chains like Decathlon or Intersport possible to pay for his purchases directly with Bitcoin at the checkout. This development is increase a good Foundation for a possible Bitcoin exchange rate. Read more.75 % of private CFD accounts lose money. No EU investor protection.
To centralized Ethereum (ETH)?
This week there was also the one or other News to Ethereum (ETH) and Ripple (XRP). Ethereum has been secretly raised to be a Gas Limit of 25% compared to the previous week. Thus, the maximum number of possible transactions per Block is also grown by 25%. The reason for this is that the Ethereum Blockchain for a few days and weeks was overloaded and the transaction fees are higher than in the case of Bitcoin.However, this change has secretly taken place, and the Rest of the network had to accept this Update, or through a Hardfork of Ethereum in another Coin split. A possible sign that, in the case of Ethereum, many decisions are to be centralized like.
Ripple wants to relieve by xRapid with XRP banks
In the case of Ripple, there was this week, however, an insight into the Sibos conference, SWIFT, on which is the Ripple on the possibilities for banks by xRapid with XRP spoke. Using xRapid with XRP wants to help Ripple banks for $ 10 trillion of domestic Bank accounts back. For international transactions, banks need to make to date, a high level of liquidity in the respective currency. This leads to a higher risk and cost for banks. Ripple wants to optimize XRP in this area, and provides with xRapid an alternative solution. To The Article.75 % of private CFD accounts lose money. No EU investor protection.Lies dormant in you a gambling nature? Fair play.io lays claim to be the number 1 Casino to be on the block chain the base. An integrated System provides for a transparent Monitoring of correct processes. Test your luck and get up to 200% Deposit bonus and 30 free spins. Try it now!
What were for you your personal Crypto-this week’s Highlights? Discuss with us in our Telegram Chat and follow our News Channel!
(Image: Shutterstock)