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Published: 21 October 2018 This week, the focus was on the twists and turns of Bitcoin. For example, on Monday, October 15, the price of Bitcoin on the popular Hong Kong stock exchange Bitfinexbegan to grow rapidly and as of 06:50 UTC reached $ 7788. At the same time, for Bitstamp, for example, the maximum…

Published: 21 October 2018
This week, the focus was on the twists and turns of Bitcoin.
For example, on Monday, October 15, the price of Bitcoin on the popular Hong Kong stock exchange Bitfinexbegan to grow rapidly and as of 06:50 UTC reached $ 7788. At the same time, for Bitstamp, for example, the maximum point was $ 6,756. Thus, the difference rate on these two exchanges amounted to more than $ 1000. An abnormal growth of Bitcoin was observed on other platforms – mainly on those where the USDT is traded.

At the end of the week, the price of Bitcoin stabilized, and by Sunday the difference between the rates for Bitfinex and Bitstamp is about $ 200 – at the first cryptocurrency bargained around $ 6,640, at the second – about $ 6,450. According to CoinMarketCap, the weighted average BTC rate was $ 6548 at 14:00 UTC on Sunday, market capitalization was $ 113.

5 billion. The total market capitalization of cryptocurrency is currently estimated at $ 211.5 billion.
On the technical side, the main news was related to hardforks. On Thursday, October 18, the planned Monero hardfork took place, after which Bulletproofs protocol was activated on the network of this privacy-oriented cryptocurrency.

According to the developers, the network upgrade was successful. The Bulletproofs protocol has replaced the “ring confidential transaction (RingCT) technology, and the developers expect that with its activation, the size of anonymous transactions in the Monero network will decrease by 80%, and the fees will be significantly reduced. These calculations confirm the data of CoinMetrics: the average transaction commissions in the main network Monero decreased by more than 90% – from $ 0.

60 to $ 0.02. As it became known that the next network upgrade will take place on block 1686275. It will activate version 9 of Monero software, which makes the use of Bulletproofs mandatory.
With Ethereum hardfork things are different. The implementation of the Constantinople update, the second part of the Metropolis hardfork in the Ethereum network, is postponed until the beginning of 2019.

This decision was made by the developers during a video conference on Friday, October 19th. Initially, the activation of Constantinople in the main network was scheduled for November, but after finding a few bugs as part of testing in the Ropsten network, the developers decided to wait. The delay in activating hard forks can also give developers time to add ProgPow code to Constantinople, which aims to combat ASIC miners.

Among the world news it is worth noting the call of the President of Venezuela, Nicolas Maduro, of citizens to invest in gold and Petro. In the course of his television appeal, the head of Venezuela told the workers that in the near future they would begin to receive additional payments to the basic wage in the form of Petro, instead of a fiat bolivar. Maduro also recommended to legally invest part of the bonuses received in gold. According to him, it will help fight the economic crisis. On the eve, the President of Venezuela approved the trade of Petro on six cryptograms.
A wide resonance at the end of the week was caused by the story of Nordea Bank, which banned employees from buying bitcoins. The bank was accused of money laundering, despite the fact that earlier its leadership claimed that cryptocurrency was used in such schemes. The corresponding complaint to the law enforcement bodies of Sweden and Norway was submitted by Bill Browder, the investment fund of Hermitage Capital Management.

According to the Swedish SVT channel, about 365 independent accounts at Nordea received payments in the amount of 150 million euros. In addition to fake transactions, fake invoices of sham companies were discovered. Company news 26.09.

2018 Removing the HAL and WU from CFD-instruments. Read more … 26.09.

2018 Changes in the specification of contracts for CFD-instruments on American shares from October 1, 2018. Read more … 24.09.2018 Week of the super benefits from Bulltraders.

com! Read more … 14.09.

2018 New agent terms for Bulltraders.com customers. Read more … 05.09.2018 Temporary suspension of trading on instruments AAPL, AMZN, FB. Read more ..

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