SOUZA

American businesswoman Barbara Corcoran has revealed using Bitcoin to conduct real estate deals. In an interview with Money on Friday, she also spoke of the advantages of peer-to-peer transactions, and said that traditional banks will disappear in ten years if they do not adapt their business model to mobile technologies. Corcoran participates in the Shark Tank series as one of the protagonists. The plot shows several entrepreneurs seeking funding for their projects through a TV game show. For the entrepreneur, real life blends in with the studios: she is also an investor in real estate market capitalization in New York. Crypto-derivatives are still considered a high-risk investment for long-term trading, especially because of the volatility of their value. But the host considers the opposite, saying she has been "very optimistic because, in the long run, it is perfectly suited to real estate transactions." Bitcoin's Advantage The great advantage for Bitcoin is the peer-to-peer transactions, in which the issuer and receiver of the value make the transfer directly to each other, without the intermediary of a financial institution or a remittance company.

The week started well. At 10 am, bitcoin rose $ 300 and approached $ 6,700, the highest value in the last ten days. Soon after, Brazil played for the world cup and qualified for the quarterfinals. In Brazil, according to the IPB, the price of Bitcoin rose 5.46% on Monday (02), being traded at R $ 26,173. Less than a week ago, the BTC was trading below R $ 23,000. The recovery comes after a troubled month in June, which closed negative by 15% reaching the lowest dollar price in 2018. The price in Brazil did not reach the lowest level due to the high dollar, which is already above R $ 3.90. With this, the lowest price of the year remains in February, when it reached R $ 20,200. Bitcoin Price Index (IPB) 2018 Chart With this bullish move, bitcoin is $ 1,000 above the annual low and leaves the market optimistic. Ryan Rabaglia, a partner at Octagon Strategy, a major investment fund, said that despite the major corrections, the crypto-currency market has always managed to break out of the bottom cycle with one-hundred percent gains and large rallies. He said the market will see its previous numbers by the end of 2018 and the funds are still optimistic about the industry's medium-term growth. "Year after year, the crypto derivative market has grown well over one hundred percent, markets are still growing and still a nascent industry. The sector's regulatory stance is a double-edged sword. The uncertainty that is driven around this regulation is what puts pressure on this market and takes this market further down, "Rabaglia said, emphasizing that establishing regulations will lead the market to grow in the long run. Market value back to more than US $ 270 billion After a few weeks, the market is all positive again. Virtually all crypto-coins operate in the green in the last 24 hours and in the last seven days. The most noteworthy are Cardano and NEM, with 18% and 21% respectively.

The bitcoin price broke above the resistance of the double bottom and the high flag, signaling a positive moment. The price is forming another high flag pattern, which may signal a continuation of the bullish move. Technical Indicators The moving average of 100 periods completed its crossing above the MM 200 and indicates that the path of least resistance is upward. In other words, the bullish trend is more likely to be sustained than reversed. Moving averages can also maintain close support levels in a setback. The RSI is indicating conditions of overbought or that buyers are exhausted and willing to let sellers take over. A bearish move could push the price of bitcoin back to dynamic support and the area of interest around $ 6,400 before resuming climbing. Similarly, the stochastic hit the overbought territory. Bitcoin sustained its strong month-on-month start, probably driven by investor optimism that more positive developments could emerge in the second half of the year. Many even predict that the price of bitcoin could rebound to the $ 20,000 by 2018, with some even projecting that could reach $ 50,000.

A Russian company has launched a hybrid computer called Cashbox X-Gaming that will work for games and also for crypto-coin mining. According to the manufacturing company, Crypto Technology, the new equipment has enough capacity to fulfill both functions. The Cashbox X-Gaming is equipped with Intel Core i5 or i7 processors, two Nvidia GTX 1060/1070/1080 Ti video cards, ranging from 16 to 64 GB of DDR4 RAM, high capacity cooling system and high sound quality . The new product has an initial price of 139 thousand rubles (R $ 8,500). Its configuration is low-end and offers a hashate (processing power) of 106 MH / s and can reach 181 MH / s if it has the components always updated, according to the company.