Last week was marked by the prediction of a State Bank of Germany that the bitcoin can reach US$ 90,000 in 2020. The SEC, in turn, fined a company that made an ICO not registered in US$ 24 million. See the news that most impacted on Twitter last week.
SEC applies heavy fine
The SEC has fined in US$ 24 million the blockchain Block. One for an unregistered ICO that raised a few billion.
1/ #SEC Orders Blockchain Company to Pay $24 Million Penalty for Unregistered ICO FOR IMMEDIATE RELEASE
Washington D.C., Sept. 30, 2019 The Securities and Exchange Commission today announced settled charges against blockchain technology company https://t.co/ElGKLFHKx5.., — David Hart-DecoUSA (@dhartEsq) October 1, 2019
Bitcoin is the Champion
Even with the recent falls in price, the bitcoin is still the asset that most valued in 2019, according to a survey published in Coindesk.
Despite a recent pullback, bitcoin’s price has more than doubled in 2019, dwarfing investors’ year-to-date returns from stocks, bonds or commodities.
Report by Brad Keoun (@Liqquidity) https://t.co/Y3aAM016oG$BTC — CoinDesk (@coindesk) October 5, 2019
Bitcoin at US$ 90k in 2020
The German state Bank BayernLB published a report in which it predicts that the price of bitcoin will reach U$$ 90,000 in 2020.
State-owned German bank says Bitcoin will leap to $90,000 in 2020 https://t.co/uJtS0QwHGM
— Cointelegraph (@Cointelegraph) October 1, 2019
Payment with Crypto in Iceland
The Home Products brand IKEA Iceland used the Ethereum technology to close a receipt with a local retailer having accepted payment in a decentralized digital currency.
IKEA just allowed an invoice to be paid via the Ethereum blockchain https://t.co/a9QYbmIkBy
— Hard Fork | by TNW (@HardFork) October 2, 2019
Smartcity Powered by Blockchain
This Singapore startup wants to transform the city of Yatai into a blockchain-driven smartcity.
This Singapore startup is set to turn Myanmar’s Yatai City to a blockchain-powered smart city https://t.co/oRNMLWM5zy
— Next Space (@_nextspace) October 4, 2019
Payments with Crypto on the way
The German bank of the blockchain companies Nimiq, TokenPay and Litecoin Foundation are planning to process cryptocurrency payments for retailers in early 2020
JUST IN: Germany’s @TEN31Bank is set to help European retailers accept $BTC payments in early 2020. @La__Cuen reports https://t.co/PUP0zoSHQs
— CoinDesk (@coindesk) October 1, 2019
Fire destroys mining equipment
A fire destroyed about US$ 10 million in equipment at a large bitcoin mining farm operated by Innosilicon in China
Huge Bitcoin Mining Farm Burns Down in China, Destroys $10M in Computers https://t.co/FT5k4LrYPt
— GigaɃitcoin (@GigaBitcoin) October 2, 2019