Navigation
- Ethereum Makes All-time High! Where is ETH Headed? | BeInCrypto News
- Disclaimer
- Similar articles
- Similar articles
Ethereum Makes All-time High! Where is ETH Headed? | BeInCrypto News

Cryptocurrency news for today April 19 – BeInCrypto
CONTENT
-
China consolidates its leading position in the development of the cryptoindustry
-
Controversy Between Critics and Bitcoin Supporters Reaches New Levels
-
The industry was covered with a wave of sales
International consortium of news organizations developing transparency standards.
Roger Ver is dissatisfied with the high fees on the bitcoin network, and a well-known economist and bitcoin critic compares the first cryptocurrency to bananas, while not in favor of cryptocurrency. China continues its massive assault on the digital money industry and may soon start paying salaries in cryptocurrency. Meanwhile, the industry was covered by a wave of layoffs.
Read about the situation in the cryptocurrency market, as well as about the key events that have occurred in the cryptocurrency industry over the past day, in our daily digest..

The cryptoindustry recorded an increase in the number of layoffs
One of the largest cryptocurrency custodians fired 12% of its employees almost immediately after the deal to buy a tax reporting platform. The cryptocurrency market has seen an increase in layoffs caused by global economic instability. For example, on Friday, one of the largest cryptocurrency custodians BitGo told The Block that 12% of its employees were fired due to restructuring caused by the recent acquisitions of two companies. More details
China will start paying salaries in digital money
As early as May, employees of the city administration and other government agencies of Suzhou will receive their salaries in DCEP digital currency. In addition, all Chinese local governments and committees are encouraged to sign contracts for DCEP and create special digital wallets where the coins will go. 4 state-owned banks of Suzhou are issuing a new digital currency. In fact, the digital yuan, China’s financial regulator, has been working on building a digital asset for several years. During this time, a large number of … More, called DCEP, will be used in the same way as fiat money. They can pay for purchases in a store, utilities and other services, travel on public transport. More details
One of the Bitcoin pioneers closes its doors forever
Purse.io, one of the pioneers in the mass adoption of bitcoin, announced its liquidation, which allowed purchases of goods on Amazon for the BTC. Purse.io became one of the first startups to popularize Bitcoin six years ago. To do this, she focused on such an important segment as the retail sector, becoming a payment intermediary between the owners of the BTC cryptocurrency and the traditional Amazon marketplace. However, on April 16, the company announced its closure. More details
Even bananas are a better commodity than bitcoin
Billionaire entrepreneur and notorious crypto-skeptic Mark Cuban has repeatedly stated that he does not consider Bitcoin a valuable asset. In one of the discussions, he told Anthony Pompliano, co-founder of investment company Morgan Creek Digital, that he is ready to change his mind if the crypto coin is easier to buy and sell than gold. However, this will definitely not happen in the near future, Kuban is sure. Mark Cuban himself noted that the price of bitcoin directly depends on fiat money. At least for now. To buy MTC or, conversely, to sell and withdraw funds, conversion of fiat money is required. That is, bitcoin cannot yet exist separately and independently of national currencies, so it cannot be considered a full-fledged means of payment. More details
Roger Ver complained about sky-high fees for Bitcoin transactions

According to Roger Ver, many times he had to pay $ 1000 in commission when making transactions with bitcoin. Crypto enthusiasts never tire of giving examples of how profitable and cheap money transfers are in the bitcoin network compared to traditional banking systems. However, not everyone agrees with this. Indeed, at times of increased load on the network, transactions with BTC actually become more expensive, and this drawback was often mentioned when discussing scalability problems. However, the stories that someone had to pay $ 1000 for a transaction with Bitcoin sound too far-fetched. More details
Disclaimer
All information contained on our website is published in good faith and objectivity, and for informational purposes only. The reader is solely responsible for any actions he takes based on the information received on our website..
Share Article
Similar articles
-
Cryptocurrency news for today April 14
Cryptocurrency News Today April 14 CONTENT Miners Prepare for Traumatic Event Analysts are looking for analogies to guess the outcome of halving…
-
Cryptocurrency news for today May 21
Cryptocurrency News for Today May 21 CONTENTS Bitcoin community scared of potential activity by Satoshi Nakamoto The French central bank approached…
-
Cryptocurrency news for today June 7
Cryptocurrency News for Today June 7 CONTENTS Coinbase Crypto Exchange Helps US Government Track Digital Asset Transactions…
-
Cryptocurrency news for today March 31
Cryptocurrency news for today March 31 CONTENT Bitcoin for the first time in a long time gives signals to buy Analysts advise against rushing to adoption…
-
Cryptocurrency news for today April 21 – BeInCrypto
Cryptocurrency News for Today April 21 – BeInCrypto CONTENTS Bitcoin Turns Out Less Volatile Than Oil Business is interested in cryptocurrencies, which…
Similar articles
-
Cryptocurrency news for today April 14
Cryptocurrency News Today April 14 CONTENT Miners Prepare for Traumatic Event Analysts are looking for analogies to guess the outcome of halving…
-
Cryptocurrency News for Today May 16
Cryptocurrency news for today May 16 CONTENTS Ethereum is gaining popularity among large crypto investors Government agencies are interested in…
-
Cryptocurrency news for today March 31
Cryptocurrency news for today March 31 CONTENT Bitcoin for the first time in a long time gives signals to buy Analysts advise against rushing to adoption…
-
Cryptocurrency news for today May 21
Cryptocurrency News for Today May 21 CONTENTS Bitcoin community scared of potential activity by Satoshi Nakamoto The French central bank approached…
-
Cryptocurrency News for Today July 17th – BeInCrypto
Cryptocurrency News for Today July 17 – BeInCrypto CONTENTS Bitcoin Dominance Index Goes Down Institutional Investors Fail to Throw Up…