Probably you hear more and more that cryptocurrencies are about to end soon. Bitcoin is still not approaching the ceiling from the end of the previous year. Cryptocurrencies were created to break free of financial control, and perhaps that is why a label of something not entirely clear and perhaps illegal was attached to them. Since the emergence of bitcoin go by next years and now not only the biggest players on the market know that further pretending that cryptocurrencies do not exist, does not make any sense. Similarly, politicians themselves are starting to think, steering the economies of individual countries.
The world more and more likes digital money.
A very liberal approach to cryptocurrencies can be seen in Germany. According to local law, bitcoin and other digital money are treated as private money or a "unit of account". In Japan, they are legal tender. In the United States, however, they are still waiting for it. On the other hand, in Russia, it is now in vain to look for such and not other legislative regulations. You will sooner want to have your own cryptocurrency controlled by the Russian federal government.
It is not entirely clear in which direction Poland is heading. On the one hand, we have warnings from major financial and legal institutions. There are many interpretations of how to treat digital money in the context of tax settlements and in general. On the other hand, the representatives of the Ministry of Finance promise to work on appropriate regulations, which in turn suggests that, however, they have noticed the potential of cryptocurrencies.
The Deutsche Boerse market is deeply interested.
The fact that the story about the imminent death of cryptocurrencies today is nothing more than springs on the springs or an extreme version of pessimism, let the interest in the digital money of the largest stock exchanges best testify. At the beginning of this year, the Intercontinental Exchange, which includes NYSE New York Stock Exchange announced that it plans to launch a global stream of cryptocurrency data.
Now, in turn, it came to light that one of the largest stock exchanges in Europe - Deutsche Boerse - is the most interested in cryptocurrencies and their development.
The stock market first wants to understand cryptocurrencies.
Deutsche Boerse first wants to understand the cryptocurrency very well, as well as carefully look at the legal regulations that are subject to in various countries. After starting cooperation with HQLAx in March, which aims to create a platform for securities loans - based on blockchain, a closer look at cryptocurrencies is simply a natural next step. "Before moving forward with something like Bitcoin, we want to be sure that we understand a transaction that is not the easiest to do. We are in the middle of work "- says Tessler.
Because bitcoin will break through the glass roof in a moment?
The condition of the entire cryptocurrency segment is best demonstrated by the condition of bitcoin itself. And this, according to experts, clearly has an upward trend. This is exactly what the Fundstrat Global Advisors company decided to investigate.
We expect the mining economy to grow over the next few years, and forecasts a BTC price of around $ 36,000 by the end of 2019, the report says.
36 thousand dollars for one bitcoin is just a simulation. However, the values may be different. The research results indicate that it can be in the range of 20,000. dollars up to 64 thousand dollars. This means that the rate of the most recognizable cryptocurrency in the most optimistic version will increase next year by more than 580 percent in relation to the current price.