Crypto-markets has risen sharply

Crypto-market actively grows on the good news about the possible creation of a European partnership in the field of blockchain. Bitcoin rose above $8,000.
The bitcoin price increased by 11.29% - to 8122 dollars with a capitalization of 116.2 billion dollars. The rate of Litecoin strengthened by 5.68%, to 130.3 dollars with a capitalization of 7.3 billion dollars. Ethereum at the same time increased in price by 12.00 to 10.88% - to 519.3 dollars, its capitalization was 51.1 billion dollars. The ripple rate climbed 13.85% to $0.65 with a capitalization of $24.8 billion. At the same time, the total capitalization of the market is 323.6 billion dollars.
Last week the crypto-currencies sharply increased in connection with the decision of some countries of the European Union to sign a declaration on the creation of a European partnership in the field of blockchain. They are ready to cooperate and exchange experience in the technical and regulatory sphere, as well as to prepare the launch of common applications using blockchain technology for the public and private sectors.
It is likely that the market has completed the period of corrective decline and has entered an upward trend.

M. Carney: The Bitcoin Has Failed

The bitcoin failed as a currency and is neither a way to preserve value nor a convenient way to buy things, said Mark Carney, the head of the British Central Bank.
According to him, it can be said that, to a great extent, the bitcoin has failed so far in terms of traditional aspects of money. It is not a means of preserving value because of its extraordinary volatility. No one uses it as a asset for goods exchange, said Carney to students at a London university.
However, crypto-technology that stands behind the bitcoin may still be useful as a way to verify financial transactions, Carney said, answering a question.
The head of the British Central Bank also said that in order to move as smoothly as possible to leaving the EU in March 2019, British regulators intend to give financial institutions the benefit of suspicion to the last minute.
The movements of the British pound are largely determined by speculation about the UK's leaving the EU's borders and how smooth this process will be.
According to Carney, everyone is focused on BREXIT. However, this is unlikely to be a difficult and legally binding process. Still, if 28 leaders unite for something that has a legal text related to it, what the exit agreement will be, then that will be good enough, said Carney.
Carney's comments became reality in a series of questions and answers, in a speech in which he called for financiers not to be motivated in their decisions, only driven by profits.

Carl Icahn: The bitcoin and the other cryptocurrencies are ridiculous

The last expert to comment on the bitcoin and the other cryptocurrencies is investor activist Carl Icahn. He said, that the bitcoin and the other cryptocurrencies are ridiculous and he would not approach them.
"Maybe I'm too old for them," Icahn said. "But I would not have touched these things."
The negative comments of the billionaire investor became a reality in front of the CNBC financial magazine.
"I'm not playing the cryptocurrencies, maybe just because I do not understand them," added Icahn in the special TV interview. "How are these currencies regulated?"
"Maybe I'm too old for them," Icahn explained, "but I just would not touch those things."
The bitcoin recovered from its three-month minimum on Tuesday, reaching levels of about $7,000. Earlier in the day, cryptocurrency dropped momentarily below the psychological limit of $6,000.
Despite the great popularity of the bitcoin, more and more well-known investors and analysts are critics of the bitcoin and other cryptocurrencies.
During the Davos Economic Forum in Switzerland last month, the bitcoin was severely criticized by many business leaders.
Jamie Dimon said the bitcoin would never be a major competitor to the dollar. According to him, however, blockchain technology can serve for greater efficiency in financial transactions.
Last month, billionaire investor Warren Buffett said he believed that the recent madness of the bitcoin and the other cryptocurrencies would not end well.
At the end of last year, Icahn said that the bitcoin "looks like a balloon."