It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.[8] Transactions ...are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services.[17] Research produced by the University of Cambridge estimates that in 2017, there were 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.[18]

Bitcoin has been criticized for its use in illegal transactions, the large amount of electricity used by miners, price volatility, and thefts from exchanges. Some economists, including several Nobel laureates, have characterized it as a speculative bubble at various times. Bitcoin has also been used as an investment, although several regulatory agencies have issued investor alerts about bitcoin.[19][20]

It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.[8] Transactions ...are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services.[17] Research produced by the University of Cambridge estimates that in 2017, there were 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.[18]

Bitcoin has been criticized for its use in illegal transactions, the large amount of electricity used by miners, price volatility, and thefts from exchanges. Some economists, including several Nobel laureates, have characterized it as a speculative bubble at various times. Bitcoin has also been used as an investment, although several regulatory agencies have issued investor alerts about bitcoin.[19][20]

When #Altseason? Dont focus on a date but understand money flow. Duration of the phases are parabolic meaning first takes longest & last goes fastest. Phases overlap & can temporarily reverse. We are in Phase 1 & transitioning back & forth between Phase 1 & 2. Prepare accordingly

As the 10th of March approaches the suspense around new requirements for regulated virtual currencies services companies in Estonia grows. What are the new mandatory requirements and what impact it will have on the existing businesses?

Since late 2017 Estonia rapidly became a safe haven for the regulated blockchain projects, amounting in total of over 2500 licenses issued for wallet and exchange activities in a relatively short period of time. During that time we have seen “the good, the bad and the ugly” of blockchain startups. That was the trigger for the government to come up with more strict requirements for the virtual currency services providers. In 2018 the FIU has expressed its concern, and the government acted. New regulation enforces money laundry prevention, tax evasion, continuous and permanent economic activity of the businesses.


Big share of the projects regulated in Estonia have to come to terms, that their licenses will be revoked due to non-compliance with the new regulation.


The main challenge as we (Consulting24) see it, is physical presence requirement. Meaning, the main decisions regarding the activity of the company have to be made by the management in Estonia. Main AML functions have to be carried out in Estonia. AML Compliance Officer has to have an impeccable reputation. Physical office with the equipment has to be located in Estonia. July 1st 2020 is the deadline to “get the affairs in order” and get ready for raids, inquiries, and check-ups.


The new share capital requirement is 12,000 EUR instead of 2,500 EUR, and it has to be paid with monetary contribution to the company’s banking account in European Economic Area (EEA). The company’s banking account could be in a credit, e-money, or payment institution located in EEA, which provides cross-border payments to Estonia or has its branch in Estonia.


Stricter AML/KYC rules will be also required, which equal to the requirements of financial institutions. Anonymous accounts and transactions won’t be allowed. Enhanced due diligence methods have to be applied to the High Risk countries. Business relationship with shell banks and financial institutions will be prohibited.

Crypto to crypto exchanges will get regulated.


Consulting24 team will provide support and guidance for compliance with new regulations. We urge projects to be proactive and get started with preparations asap. It is better to do a bit more than just a minimum requirement.

To get started on your project please send us an inquiry, and we will get back to you very shortly.

https://www.consulting24.co

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Read our new article: https://medium.com/ninjapromoio/why-brands-need-to-care-about-blogging-mailing-or-podcasting-6b53446aa2eb

We introduce a decentralized task market based on blockchain technology that disrupts current freelancing systems.
Join the ICO at https://www.cryptotask.org

Welcome to freelancing 2.0.

Dogecoin comes up on top for the first time! 🥳
Discover new treasures here: https://coingecko.com/en/discover

MY all time favorite Crypto person: Anthony Pompliano, AKA Pomp with a new podacst

"No single person or organization gets to choose who gets amplified and who gets silenced. The power of choice was striped from the user and is now being monopolized by the platform creators."

Must listen: https://pomp.substack.com/p/decentralization-is-a-necessity-now

Bitcoin prices were taking flight on Monday, pushing the digital currency to the highest level in about two months and ending the long dormancy of the world’s No. 1 virtual asset.

Bitcoin, the largest and most influential cryptocurrency, shot past the key $10,000 resistance marker—all eyes are now on the critical $10,500 level,” wrote Nigel Green, chief executive and founder of deVere Group, a financial firm, advising some $12 billion.

https://www.marketwatch.com/story/bitcoin-surges-over-10-000-could-surpass-15-000-digital-currency-experts-say-11595853676

Bitcoin prices were taking flight on Monday, pushing the digital currency to the highest level in about two months and ending the long dormancy of the world’s No. 1 virtual asset.

Bitcoin, the largest and most influential cryptocurrency, shot past the key $10,000 resistance marker—all eyes are now on the critical $10,500 level,” wrote Nigel Green, chief executive and founder of deVere Group, a financial firm, advising some $12 billion.

https://www.marketwatch.com/story/bitcoin-surges-over-10-000-could-surpass-15-000-digital-currency-experts-say-11595853676

Bitcoin price still around $30,000- $31,000 zone but looking at the charts, there is not enough buying pressure to reverse the price pullback which makes me think that there may be more correction ahead unless buyers take the lead against sellers.

Right now, selling pressure is much higher.

In 2020, we’ve been working hard to bring you exciting new features and updates. We’re focussed on delivering the highest quality trading platform in the industry. Some updates include:

? Credit and debit card payments
? Sub-account feature to test strategies
? Bitfinex Pulse to get the latest trends in crypto

Are only some of the high-value features and products we launched in the first six months of 2020.

Find what you might have missed ⬇️
https://bit.ly/bfx_SixMonthsRecap

Hello everyone, I expect this project will be big in the future ☺️

​​​​What Is Chainlink? | Blockchain News

https://cryptoworldnews.us/what-is-chainlink-blockchain-news/