Cryptocurrency news - March 19, 2018. Part 2

in #cryptocurrency7 years ago

cryptocurrency market

🌐 G20 does not consider crypto currency a threat to global financial stability. Mark Carney, chairman of the Financial Security Council, said that the cryptology is still too small for capitalization to influence the global economy. At the December peak, the market value of all crypto-currencies was less than 1% of world GDP. Carney called for increased international coordination to study the new industry.

✅ Wyoming frees crypto currency from taxation. The State Senate passed a bill that defines "virtual currencies" as any type of digital value representation used as a means of exchange or a unit of account. Crypto currency is not recognized as a legal tender by the United States government and is completely exempt from taxes.

📈 Tom Lee again predicts the growth of bitcoin. Co-founder Fundstrat Global Advisors believes that by March 2020, the price of BTC will reach $ 91,000. The forecast is based on the analysis of the price after each drop of bitcoin. Previously, Lee had already said that BTC would reach $ 55,000 by 2022, and more recently, said that by the end of 2018, bitcoin would cost $ 25,000.