HaoBTC Bitcoin Blockchain Daily: Attention is declining day by day

Blockchain News Express   :

1. After Brexit, the EU's new proposal seeks to end anonymous Bitcoin transactions. The measures proposed by the EU want to end anonymous transactions on Bitcoin exchanges and other virtual currency platforms. They hope to achieve this goal by requiring operators to conduct more customer checks (KYC). The EU has been adjusting for a long time regarding the regulation of Bitcoin exchanges and cryptocurrency platforms. For example, the European Central Bank and the European Banking Authority have also conducted their own digital currency research.

2. The Ukrainian government is launching a blockchain auction platform to eliminate black-box operations. In Ukraine, blockchain technology will be used for auctions. This decentralized online auction is an interesting use case to explore. Currently, developers at IT company Distributed Labs are working on creating a decentralized auction platform. This platform is expected to arouse the awareness of financial technology innovation in Ukraine. Developers at Distributed Labs spontaneously wrote the core protocol for this blockchain concept. Based on its cloud data storage solution, Microsoft's cloud platform Azure also played an important role in the development process. In addition, this blockchain auction platform has been thoroughly tested on Azure servers and is scheduled to be officially launched on July 7, 2016.

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Provided by Haobtc.com:

Chief Analyst Bi Wanba explained the market on July 5, 2016: There is a saying that Bitcoin is not afraid of bad news, but is afraid of no news and lack of attention. The recent market shows that Bitcoin has been highly controlled. Although various search indexes of Bitcoin show a daily decline recently, the volatility is still relatively high. We judge that it is difficult for the price of the currency to have a big breakthrough recently. The short-term strategy insists on covering shorts at highs, which will basically have a good harvest (the stop loss point is set at 4,750 yuan). The medium and long-term strategy is firmly held. The expansion issue should be resolved before the end of August. Benefiting from the continuous impact of changes in supply and demand, it is believed that the price of the currency will have a long recovery period after September-October.