'New High' bitcoin approaches $ 12,000 | Litecoin jumped 12%

1. Bitcoin approaching $ 12,000 Litecoin jumped 12%; 2. Bitcoin mining bees eagerly consume electricity and Icelanders can not stand "anger"; 3. Bank of England Governor: Bitcoin's vision of becoming a currency Announced the failure; 4. WeChat ban NetEase blockchain products Planet promotion link

1. Bitcoin approaching 12,000 dollars Litecoin rose 12%;

Bitcoin prices rose more than 6% on Tuesday to close to the $ 12,000 mark, while prices of other major cryptocurrencies fluctuated by 12.17%, while Rebels' currency dropped 2.25%, Ethereum fell 2.02%.

The following is a summary of the daily currency collected by Tencent Technology (Note: except bitcoin futures, the following data are from the encrypted digital currency data analysis website CoinMarketCap):

Bitcoin

In the past 24 hours, the spot price of Bitcoin rose 6.47%. As of 6:30 am today, the latest transaction price of Bitcoin was 11,927.70 U.S. dollars.

On the Chicago Mercantile Exchange, the price of bitcoin futures for delivery in February rose $ 1705 to close at 17.02% at $ 11,725 ​​with a daily high of $ 11,760 and a low of $ 10,315.

Ethereum

Over the past 24 hours, Ethereum prices fell 2.02%, as of 6:30 today, Ethereum's latest transaction price of 923.13 US dollars.

Litecoin

The past 24 hours, Litecoin prices rose 12.17%, as of 6:30 this morning, Litecoin latest transaction price of 251.03 US dollars.

Rui Bo coins

In the past 24 hours, Rebar currency prices fell 2.25%, as of 6:30 today, Reba currency's latest transaction price of 1.12 US dollars.

1. Mohamed Damak, a rating analyst at Standard & Poor's Ratings Services, a credit rating agency, said in a report: 'Cryptocurrencies do not meet the two basic monetary conditions. Although companies that have received cryptocurrencies in the past few years The numbers have increased, but they are not yet widely accepted as payment instruments, and cryptocurrency valuations and market volatility have been the strongest evidence that they have not passed the value store test over the past 12 months.

2. Last month, Vitalik Buterin, founder of Ethereum Network, suggested that the ICO (First Token Issue) could be combined with a decentralized autonomous organization (DAO) to allow investors to speak in ways of raising funds Right now what V God calls "DAICO" is already under development, V God said in The Washington Post, 'Our intention is that investors first give the development team a reasonable, modest month Budget, and over time, the team will demonstrate its ability to handle the current budget. '

3. California State Assembly member Ian Calderon called for the expansion of the concept definition of electronic record and electronic signature in the Uniform Electronic Transactions Act in Resolution 2658, submitted last week, which states in particular: The records of Blockchain Technology Assurance also fall into the category of electronic records, and the electronic record laws in the state will recognize blockchain signatures and smart contracts if passed smoothly.

4. Last month, researchers at network security company RedLock discovered that an unidentified hacker invaded Tesla's Amazon cloud account and used the account for crypto-currency mining. After a hacker attack, the electric car maker Of the confidential data has also been exposed.With the soaring price of cryptocurrencies, the number of such hacker attacks are also increasing.

5. As fundamentals came in positive, coupled with new support for technology, analysts turned bullish, bitcoin this week broke through and stood firm $ 11000 mark.New York-based cryptocurrency analyst and blockchain consultant Tone Vays said clear support and resistance will make Bitcoin's future price action "more predictable." He also pointed out that with the start of a new week, both the Bitcoin daily and the weekly bullish trend.

6. The Finnish government is making a fuss about how to deposit more than 2,000 bitcoins it seizes, and according to the government's guidelines on Tuesday, the bitcoin is not allowed to be stored in the crypto-currency exchange, but is required to be stored online In addition, the document states that the authorities can not treat cryptocurrencies, such as bitcoin, as money and can not be used as a means of payment.

7. German regulators BaFin said that there is a need for a case-by-case review of encrypted tokens to examine first-time tokens issuance on a case-by-case basis to decide which legal framework to apply, possibly based on banking law, asset management law, insurance law and payment services law.

2. Bitcoin mining bees rush to eat electricity, Icelandic people can not stand the anger "tax";

Bitcoin prices have been falling recently, but the virtual money boom is still hot, while Iceland, where electricity costs are relatively low, is the ideal location for "mining," attracting large numbers of virtual money data centers.

Lack of desire, limited resources, a renewable energy company in Iceland put forward the forecast data, in 2018, Iceland's mining electricity will surpass the people's livelihood electricity, put a lot of energy production is considered speculative virtual currency, Iceland's MP proposed to dig Mine profits tax.

Inherent geographical advantages, mining investors have influx

With a population of about 340,000, almost 100% of Iceland's electricity comes from renewable energy sources (70% from hydropower and 30% from geothermal), Iceland is setting its sights on abundant green energy and the cold climate suitable for cooling machines Monetary data center, estimated this year bitcoin mining electricity will surpass the people's livelihood electricity in Iceland.

Computers used for mining need to address responsible computing issues, computer systems also need cooling to ensure operation, and therefore often consume large amounts of electricity while Iceland's natural geothermal, hydropower and cold climates provide the best conditions for mining. HS Orka, a renewable energy company, put forward data indicating that energy consumption in bitcoin mining has grown exponentially.

▲ Rich Icelandic renewable energy and the cold weather suitable for cooling machines have attracted many bitcoin mining operations. (Source: pixabay)

HS Orka spokesman explained that at present Iceland's national livelihood electricity consumption is about 70 GWh a year, while Iceland is expected to use up to 840 GWh of electricity for mining in 2018 and the electricity consumption is According to historical data, Iceland produced a total of 1.87 trillion GWh of electricity in 2015, with only a small share of livelihood electricity used to be used by industries in the past.

Although Iceland will not be left without electricity in the short term, a spokesman for HS Orka said that because of Iceland's unique environmental conditions, it has attracted many potential investors in the mining industry. "If these plans are fully implemented, we will Not enough energy to supply. "

Unreal speculation mining, parliament members proposed tax

As more and more investors move forward to develop their mining operations in Iceland, many people are skeptical about this trend, except perhaps in short supply. Fictitious currency investment is considered a speculative financial activity, and Iceland experienced a financial tsunami in 2008, Most people are skeptical about such speculation, and Icelandic Pirate MP Smári McCarthy wrote on Twitter: "Mining almost requires no staff, a relatively small capital investment, and almost no tax, Iceland is worth almost zero. "

Icelandic MP Smári McCarthy argues that mining is almost zero in value to Iceland and suggests that investors be taxed. (Source: shutterstock)

Most companies that develop in Iceland are tax-free, but most mining operators do not pay taxes. Many people think it is not good for the country to spend a gigawatt of energy to produce illusory and speculative products. Therefore, McCarthy proposed that the government should impose taxes on mining Business tax, this appeal has also been popular support for many people

3. Bank of England Governor: The basic idea of ​​bitcoin becoming a currency declared a failure;

Abstract: According to Carney, bitcoin has been "fully justified" and can not be used as a currency of traditional standards, neither of which can be used as a medium of barter, but Carney also admitted that blockchain technology The reasonableness that they support the decentralized financial transactions.

The calm of digital money does not seem to last forever, and another official comes out to Bitcoin for a public statement.

Bank of England Governor Mark Carney said on Monday that Bitcoin has been "fully justified" and can not be used as a currency of traditional standards, neither as a hedge, nor as a reliable medium for bartering.

Carney at the Regents Institute in London mentioned that "until now, it has nearly failed in the traditional sense of money, and it is not a vehicle of value because it is global and no one uses it as a medium of exchange."

However, Carney also mentioned that the blockchain technology behind this digital currency is a powerful test of decentralized financial transactions.

In January of this year, bitcoin's currency plunged to around $ 6,000 as a series of bad controls over the regulatory turmoil in various countries and dropped about 70% from the high in late December.

Cryptocurrency now seems to be gaining ground after experiencing a sharp drop in the previous quarter, according to data from CoinMarketCap, whose current offer has now risen to around $ 11,490 and other digital currencies have all picked up.

At the same event, Carney also mentioned Brexit in Britain, which Carney said both Britain and the EU are striving to reach a transitional agreement by the end of March.

'Everyone is very concerned about it (transitional agreement), which obviously will not be a legally binding hard agreement, but I can say that if 28 leaders have some legal coordination, they will also be included in the Brexit agreement That's fine, part of it. '

In his speech, Carney also stressed the importance of not being driven by money, and he believes that financial professionals should focus on investment, innovation and broader social prosperity.

4. WeChat ban NetEase blockchain products Planet promotion links

NetEase recently launched a blockchain called 'Planet' products, users get the invitation code registration, you can receive digital assets 'black diamond'.

The product is operated by Netease NetEase financial operations, according to the APP introduction, the planet base blockchain encryption storage technology to help users manage digital assets, black diamond transactions and settlement in the base of the planet in the announcement showed that the "planet" in black Drill a limited number of output reduced by half every two years, with the passage of time will also be more difficult to obtain, the advantages of pre-relatively large participants.

Netease, the ecological value of this blockchain chain sharing platform, has three core values, namely blockchain identity, information security storage, to the center of value exchange.Blockchain technology to protect the authenticity of the information, and decentralized to Tap their own value, the ultimate realization of the commercial value of personal data.But these features will be carried out on the line.

At present, the Netease blockchain product planet promotion link has been WeChat ban, the reason for the ban is: the page contains the induction of sharing, to induce concern about the content, was many complaints.

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