Hong Kong Refund Law Debates Work for Bitcoin (BTC)!

Hong Kong Refund Law Debates Work for Bitcoin (BTC)!

In Hong Kong, hundreds of thousands of people took to the streets, despite the postponement of the legal arrangement that facilitated the extradition of suspects to mainland China. There is serious unrest in the country at the moment and the demonstrators want the legal regulation to be completely canceled. In addition, protesters call for the resignation of Hong Kong Special Administrative Region leader Carrie Lam.

According to Reuters, some Hong Kong businessmen are taking their wealth out of the country via personal off-shore because they are concerned about the legislation that facilitates extradition to mainland China.

People Turn to Bitcoin (BTC) Since protests began, Bitcoin prices in the country have traded 75 to 100 dollars above Bitcoin’s global price average. Moreover, Hong Kong has recently faced major liquidity problems due to trade tensions between China and the United States. Hong Kong citizens fear that the adoption of such a law would trigger higher capital outflows and thus the liquidity problem would grow further.

The protests in Hong Kong led to a huge increase in Bitcoin trade in Hong Kong, as evidenced by data from LocalBitcoins. So much so that the price of Bitcoin in Hong Kong rose from the global value of the leading crypto currency to over $ 100. BTC / HKD trading volume is increasing day by day and people who want to escape the increasing economic uncertainty are turning to Bitcoin.

Even though the legislation has been postponed for the time being, Hong Kong officials reportedly want to send the legislation again to the legislature for approval.

Iran to exceed enriched uranium limit in 10 days

Iran to exceed enriched uranium limit in 10 days

Iranian Atomic Energy Authority spokesperson Behruz Kamalvandi said Iran would exceed internationally recognized limits on the size of Iran's low-enriched uranium stock in 10 days; however, European countries still have time to recover the nuclear deal, he said.

Kamalvandi "We had quadrupled the rate of enriched uranium, we have increased it more recently. So 300 kilograms limit will be exceeded in 10 days ... There is still time for European countries to take steps," he said.

Tehran protested the US decision to withdraw from the nuclear agreement last year and re-enforce sanctions, saying it would stop implementing its commitments under the nuclear agreement.

Bitcoin is US $ 9,300

Bitcoin is US $ 9,300

Bitcoin price rose. The recent changes in the value of crypto currencies leave investors curious. Investors are wondering what to do with the ever-increasing and declining price of thousands of dollars worth of crypto currencies, while some believe that the changes in the value of investments in this regard may increase and buy and sell. Although the price of Bitcoin continues to show an upward trend these days, it is possible for some people to compete with each other because of serious sales and purchase moves.

Investors wondered how much the price of Bitcoin, which gained value in this short period of time, would rise, and once again showed that Bitcoin, which broke a record close to $ 9,400, was the best value-added crypto currency in 2019.  

Developments in the price of bitcoin have recently attracted the attention of crypto currency investors, while others are worried that the price will show a downward trend once again.

Chinese Crypto Money Investor Commits Suicide

Chinese Crypto Money Investor Commits Suicide

China is one of the largest economies in the world. Although the economy in China is good, the people's economy is bad. The public is forced to work with many economic hardships and high salaries that are low enough to eat only for very low hours. Since the population of the country is very large, it is estimated that the number of people with the most crypto money in the world is among the top 3 in China.

Hui Yi lost close to 16.2 million. This money, which is referred to as dollar, is equal to 2000 Bitcoins and it is announced that this man's money is not entirely his own and that he lost all the money in 100x leveraged commercial crypto money transaction.

 

Some sources claimed that the man lost $ 182,000, while the size of the trade was $ 16.2 million. Huge Yi chose to put an end to his life for this reason or some other reason, even though it might seem very low at 182 thousand dollars. It was announced that the Chinese security forces immediately launched an investigation into the matter and that the relevant authorities were in charge to examine the commercial transactions.

Visa steps into the world of Blockchain

Visa steps into the world of Blockchain

Visa; It was one of the largest payment institutions known around the world, but for a long time, Bitcoin had a very negative attitude towards crypto currencies. Visa CEO; it was openly harshly criticizing the Bitcoin system, causing even confusion for investors. As such, a recent statement caused many people to be surprised because Visa; It used the blockchain system for cross-border operations.

Visa's New Payment Network

Visa; developed a payment system for itself. Designed for payments and remote transactions, this payment system is currently traded on the market. The name of the system; Visa has been designated as B2B Connect. Purpose of the system; to provide financial institutions and individuals with an international payment method and to ensure that transactions are carried out quickly. Thanks to this system, it is possible to say that a transfer corridor has been created for up to 30 global currencies and the system is still being developed. After a while, the number of money in the system is expected to be 90.

Visa B2B Connet System

Visa eliminates the intermediaries with the newly developed system. This is exactly the case with the blockchain system because there are no intermediaries in this system. The Blockha; While this is important both for eliminating the extra costs and for increasing the speed, it may be an indication that Visa is starting to defeat the system against which it reacts.

Litecoin up 10 percent

Litecoin up 10 percent

Litecoin price has increased dramatically in recent days. The recent rise of LTC, one of the biggest crypto currency investments among the crypto currencies, is closely related to the whole crypto currency market. The price of Bitcoin rose by 4%, at $ 140, which gives Litecoin traders the opportunity to make new investments and gain profits.

Similarly, Bitcoin can move around $ 8,000, but it doesn't seem to be as high as $ 8,000. The rise in the Bitcoin price also raised the prices of some of the subcoins, while Litecoin was again the most valued.

 

After the Litecoin price rises so well, some LTC traders sell, while others think that avoiding profit sales will bring them more in the future. Due to the price increase of BTC, LTC is also expected to maintain its price for a period of time and continue to increase without significant value losses. In order to increase the LTC price, profit sales should be low and purchases should be more. 

According to analysts, the biggest reason behind the rise of LTC is the halving event in August.

Doctoral Level Blockchain Training Begins in Canada

Doctoral Level Blockchain Training Begins in Canada

The University of British Columbia (UBC) in Canada has begun to offer its graduate and doctoral students a special training in Blockchain technology.

British Columbia University shared a press release last day and made a statement that was of interest to Blockchain experts. According to the announcement published by UBC, graduate and doctoral students can now participate in a full Blockchain-oriented education program at this university.

The main purpose of UBC is to make the students participating in this program become fully equipped Blockchain experts. According to the announcement by British Columbia University, the training program will focus on the use of Blockchain in four areas: health and wellness services, clean energy, regulatory technology and local issues.

According to a press release issued by UBC, the university administration aims to provide education to 139 students in a six-year period. Upon successful completion of this program, students will be able to carry out special studies on Blockchain upon graduation, according to the University's management.

UBC Blockchain and crypto money technologies were already far from the university. Students on the Vancouver campus of the school set up a Bitcoin-specific community a few years ago. The aim of the community is to bring together students interested in Bitcoin and organize special events for crypto money.