Börse Stuttgart plans to launch crypto trading services in 2019
Börse Stuttgart, Germany's second largest stock exchange, said it plans to launch a crypto-trading platform by the second quarter of 2019. The project will be implemented in collaboration with SolarisBank.
Alexander Höptner, CEO of Börse Stuttgart GmbH, said:
"With a combination of banking technology and expertise, SolarisBank is an excellent partner for providing core services along the value chain for digital assets. SolarisBank's Blockchain Factory supports us in making transactions in crypto and tokens and in setting new standards in transparency and reliability. "
In the coming months, Börse Stuttgart will work with SolarisBank to set up an end-to-end infrastructure for crypto, allowing public market investors to trade digital assets.
Weiss Ratings Agency declares Bitcoin "the best investment" for this period
International rating agency Weiss Ratings said it is now the best time to buy Bitcoin. In a series of "tweets," the company said the BTC is "the least speculative investment" in the crypto industry.
"(Bitcoin) has reached such low levels that it becomes one of the best buying opportunities of the year"
says Weiss Ratings.
"As a deposit of value, (Bitcoin) is here to stay. We truly believe it is the least speculative investment a person can do in (crypto) now. "
In the last 24 hours, the Bitcoin price has fallen below $ 3,300. The other crypto and tokens also recorded downward trends, and the total market valuation is close to $ 100 billion.
Tom Lee believes that the correct value of Bitcoin should be about $ 14,000
Investor crypt Tom Lee says the correct price of Bitcoin should be between $ 13,800 and $ 14,800. Its evaluation is based on the number of active wallets, the level of crypto usage and the total available.
Founder Fundstrat told Bloomberg:
"The fair value is significantly higher than the current price of Bitcoin. If it corresponds to Bitcoin's current price, it means that the cripto wallets should drop from 50 million to 17 million now. "
In Lee's view, the only way Bitcoin will have a positive development will depend on accepting crypto in everyday life and mass adoption by consumers.
Also, to reach the value of $ 150,000, the number of BTC wallets should be close to 315 million, or 7% of VISA account holders, currently worth 4.5 billion.
An American congressman launches the idea of trumpets for Trump's wall
One of Donald Trump's campaign promises was that once he became president, he would build a wall on the border with Mexico. It would have the role of reducing illegal immigration and preventing drug trafficking at the border.
The construction of the wall has not materialized until now, because Congress has failed to allocate the necessary funds.
Congressman Warren Davidson, Ohio republican, has recently launched the idea of using wall token token financing.
"We could create a crowdfunding site. Or we could even make a blockchain and we could have "Wall Tokens". There are funding alternatives available directly from the public. "
Davidson said.
Although this is not an idea to be taken seriously, the congressman's statements are a positive signal. American politicians have become accustomed to the concept of blockchain and crypto, which is an important aspect in increasing their adoption.