Bitcoin rose 3000 US dollars a month, and finally the encrypted currency came back to spring? After the cold winter, the encrypted currency headed by bitcoin seems to be getting warmer. At the end of last year, bitcoin had surged to around $20000, but it plummeted to $5922 in January. However, bitcoin jumped 36% again in April, reaching about $9800, the biggest gain since last December. At the same time, the encrypted currency was also up, Ethereum rose by 17.69% in the past 7 days, and the Ripple rose by 3.31%, and the market value of the overall encrypted currency was more than $400 billion. It is worth noting that according to the latest survey by Thomson Reuters, 1/5 of financial institutions consider trading encrypted currencies in the next 12 months. Can the warming continue? The price of encrypted money is partly recovered and the market is warm. In the view of the encrypted currency researcher Xiao Lei, this is because the price of encrypted currency has been down for more than 4 months, and the bear market has aroused the desire of some investors to copy the bottom. In addition, this is closely related to the performance of other assets around the world. Xiao Lei pointed out that, especially in the US stock market, most people have already seen the risk. As a non credit asset, encrypted money is regarded as a hedge asset similar to gold by some people, which will attract some risk avoidance needs. Ali Paul (AriPaul), chief investment officer of BlockTowerCapital, an encrypted currency hedge fund, points out that it is an inevitable trend for institutional investors to invest in encrypted currencies. I think from a few points of view, this is inevitable. Even if they never believe in the asset class of encrypted currencies, they can acutely capture this opportunity to get excess returns. Ali Paul said. But Barclay, an analyst at Barclay, says, like infection, the spread of rising sentiment - especially for investors who are afraid to miss - can only sustain a month. However, once adequate measures are taken, prices will continue to decline rapidly. Apart from not optimistic about the price trend of encrypted currencies, analysts also expressed concern about the development prospects of the encrypted currencies. Cheng Lian, the Secretary General of the national financial and development laboratory, accepted the China and the new society in an interview with a direct train. At present, the encrypt money is more bubble, and it will eventually be sifted out a lot. Cheng further points out: if some of them can be retained or even further developed, it is also dependent on the special economic and social environment, and its monetary status is difficult to be recognized by the government. According to the 2017 point of the Reuters, there are about 1400 encrypted digital currencies in the world, of which the market value of the bitcoin, which was born in 2008, is the highest, followed by the ether and the Swiss currency. In the report, GPBullhound, a technology investment bank, predicts that encrypted digital currencies will undergo a 90% correction in the next 12 months, only a handful of companies can survive. GPBullhound SebastianMarkowsky, director of GPBullhound, explains that institutional investors may enter the market and push up prices, and more retail investors may enter the market to buy digital encrypted currencies at a higher price. As the market starts to fall sharply later this year, this will exacerbate the panic and eventual callback caused by the sell-off. Warren Buffett, WarrenBuffett, is also not optimistic about encrypted currencies. From a regulatory point of view, Cheng pointed out that the central bank wants information about currency flows, and therefore does not favor the form of anonymous currency, so based on the attitude of monetary and regulatory authorities, this kind of centralization of encrypted currency will not have much development prospects. How big is the risk? The currency of encryption has been criticized for money laundering and terrorist financing. The latest global financial stability report, released by the International Monetary Fund (IMF), points out that encrypted assets are affected by fraud, security loopholes and operating failures, and involve illegal activities. At present, the encrypt assets do not seem to cause financial risks, but if they are more widely used without appropriate protective measures, it may lead to such a risk. At present, most of the regulatory policies on the use and trading of encrypted currencies around the world are in the exploratory stage, and the regulatory policies of different countries are also very different. But on the whole, the regulation is more stringent. Take Japan, which has always been very friendly to the encryption currency, Japanese law has accepted bitcoin as a legitimate payment tool. However, in order to combat money laundering and other criminal activities, the Japanese finance office has quietly pressed the encrypt currency exchange to give up the encrypted currency often used by criminals and hackers, such as Monroe, Zcash and Dash. The United States, which has not yet taken regulatory measures against the encrypted currencies, has begun to take some new actions recently. According to the Wall Street journal, regulators such as the SEC and the CFTC are considering an investigation of the application of securities regulatory rules to encrypted currencies such as the ether Fang. Christopher Giancarlo (ChristopherGiancarlo), chairman of the US Commodity Futures Trading Committee, said: we have seen the elements of the commodities in the bitcoin, which we need to supervise. But bitcoin has different aspects, depending on the regulatory system you see. However, Giancarlo pointed out that the question of whether new policies should be developed for these new asset classes should be decided by the Congress rather than the regulators. In addition, according to the Iran economic daily, the Central Bank of Iran also formally prohibits all financial institutions from engaging in encrypted currency transactions such as bitcoin, on the grounds of preventing money laundering and the transfer of funds by terrorists. Cheng Lian told the state that through train reporters, the degree of supervision of the encrypted currency depends mainly on the degree of tolerance of the government. Some countries are more tolerant of financial speculation, and the regulation of encrypted currencies is not so severe. It has a great relationship with the economic structure of the country and the governments preference for risk. China is in the stage of pressure leverage and risk prevention, so it has great vigilance against the financial bubble and other financial risk factors. For encrypted currencies, it is also a good thing. According to local media, the French State Council decided to change the classification of encrypted money capital gains, thereby lowering the tax rate from 45% to 19%. Lagarde, President of IMF, in a comprehensive view of encrypt assets, pointed out that we can see the encrypted assets wisely, and we can neither blindly criticize nor blindly pursue it. As some of the technologies in the Internet age have changed our lives, the encrypt assets that are surviving may have a significant impact on the way we save, invest and pay bills. The source of this article is that the state is the direct train responsible editor: Zhu Xiaodong _NBJS6126 Some countries are more tolerant of financial speculation, and the regulation of encrypted currencies is not so severe. It has a great relationship with the economic structure of the country and the governments preference for risk. China is in the stage of pressure leverage and risk prevention, so it has great vigilance against the financial bubble and other financial risk factors. For encrypted currencies, it is also a good thing. According to local media, the French State Council decided to change the classification of encrypted money capital gains, thereby lowering the tax rate from 45% to 19%. Lagarde, President of IMF, in a comprehensive view of encrypt assets, pointed out that we can see the encrypted assets wisely, and we can neither blindly criticize nor blindly pursue it. As some of the technologies in the Internet age have changed our lives, the encrypt assets that are surviving may have a significant impact on the way we save, invest and pay bills.