A group of 12 high-profile investors and partners have poured this large sum of money for the further development of the Bakkt infrastructure and its expansion.
On December 17th, 2017 the price of Bitcoin neared $20,000. Optimists hoped that was just the beginning. They were right: that was the beginning.. but maybe the beginning of end? Check out how BTC performed in 2018 and what is likely to hide in 2019.
Mizuho is launching its new stablecoin pegged to the Japanese Yen in 1:1 ration that will promote the spread of cashless digital systems in the country.
EOS has posted the healthiest performance in the top 20 cryptos surging over 25% in one month. The EOS price activity shows that there is a big confidence developing among investors, which’s likely to grow further in 2019.
Bitcoin Cash was created for the purpose of overcoming the limitations faced by Bitcoin Core, such as block size, to provide more space for transactions. Check out ‘Bitcoin Cash in 2018’ review and find out what may 2019 hide.
Even though its price fell almost 90 percent, Ethereum was still pretty vivacious in 2018 as it has seen greater adoption, regulatory certainty, and institutional interest indicating that Ethereum is very far from dead. 2019 looks promising as well.
Compared to its peers, Bitcoin and Ethereum, Ripple has the wealthiest community in terms of project support. There is no doubt that throughout this year, Ripple has shown that it can bring the biggest names to its list of followers.
It is Christmas already and the 2018 is coming to an end. Some investor in the crypto world would add – finally. This is the time of the year that traders take inventory of their investments so as to prepare for the future.
Established Wall Street companies slowed their already halting efforts to make a business out of crypto mania this year. They didn’t really give up, but most of them flinched as the value of virtual coins collapsed.
The past month hasn’t been good for Ethereum and it’s co-founders’ company Consensys. With Ethereum going below $90 support line, and mainstream media attacking Consensys on all fronts, Consensyss’ image has already been tarnished.
It seems that we’ll have to wait some more for Bakkt to get its Bitcoin futures contract approved. A new report claims that the CFTC’s decision-making process has been progressing slow and now it is likely to go live only in February 2019.
Facebook is reportedly working on developing its own stablecoin, which initially will be focused on the remittances market in India where it will enable users to transfer money via a dollar-pegged cryptocurrency on WhatsApp.
Two U.S. congressmen Warren Davidson and Darren Soto, are introducing a bill that would exclude digital currencies from securities classification and substantially improve the tax treatment for cryptocurrencies.
Intercontinental Exchange Inc is working on the first Bitcoin futures that pay out in cryptocurrency. They are now working with the CFTC to ensure that the project is in line with the current regulations. A decision should be made in early 2019.
As a result of the deal, newly launched TokenSoft Global Markets LLC. will enable issuers to choose whether to host a token sale themselves or work with a broker-dealer to manage the token sale on their behalf.