Comments on: From Record to Record, How Far can Bitcoin Climb ? https://chb44.com/2017/10/record-record-far-can-bitcoin-climb/ The latest news and views from France written in English Fri, 26 Mar 2021 11:38:19 +0000 hourly 1 https://www.classicpress.net/?v=6.2.9-cp-2.7.0 By: Andrew Mueller https://chb44.com/2017/10/record-record-far-can-bitcoin-climb/#comment-895 Fri, 26 Mar 2021 11:38:19 +0000 http://chb44.com/?p=13958#comment-895 “Historically the bitcoin changes with the geopolitical risk,” says Christopher Dembik, economist at Saxo Bank. Strong fluctuations around the cryptocurrency are linked in particular to Russian, Chinese turnovers in recent weeks. Mid-September, China wanted to ban Bitcoin, plunging its course. Who is rising again after Beijing’s position changes and Moscow.

“China has threatened, but ultimately not, they will regulate, explains Manuel Valente, director of the House of bitcoin in Paris. Russia also blows hot and cold , since Vladimir Poutine met with the founder of Ethereum (second cryptocurrency in terms of current valuation). The governor of the Russian centra https://thejingstock.com/
l bank had said to forbid the bitcoin, but the next day Putin has also chosen to regulate, as in China. ”
Conversely, Japan and South Korea have the bitcoin for several months. Tokyo had acknowledged in April 2017 the currency as a currency with legal tender. In September, Japan has become the main bitcoin market worldwide . “There was a lot of good news lately, including a very strong acceptance in South Korea and Japan,” says Manuel Valente.

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