Bitcoin analysis : a marked decline in the currency of the bitcoin in January trading
The currency of Bitcoin marked a significant decline in transactions, which amounted to more than 44 billion dollars, or about 30.9 billion pounds during the month of January, which represents the largest monthly decline in its short history.
This came after the Indian government said it would block all trading, for the cryptocurrency coin, a digital currency used in cryptography, for security purposes to protect virtual transactions and control the creation of new units. Facebook later announced the prohibition of digital currency advertising, Which fell by more than 10%, a financial decline estimated at 9000 dollars, and economists have repeatedly warned of the decline of the Petquin after the rise of the price of cryptocurrency last year by 900%.
According to Bloomberg's report released Wednesday, the US Commodity Futures Trading Commission (CFTC) has been investigating the stock exchange and the digital asset portfolio since early December.
This came after Tyther's currency, a currency derived from the Krivato Carnese, which is supposed to be pegged to one dollar for each unit of the currency, the idea behind it is to allow the flexibility of trading Krypto Carney, while this will maintain the stability of money in dollars rather than the volatility of digital currencies While BitVenix allows users to sell virtual currencies in dollars, and then "withdraw" money using the TETER symbols.
However, many critics, including a writer called "Bitfinxed", have suggested that the TETER reserves are less than capital, and when new codes are found, it does not deposit in reserves a similar amount of US dollars, it is known that TETER all its currencies are backed by dollars Which are kept in reserve.
This means that the company must have billions of dollars in its bank account so that it can deal in virtual currencies.
