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From the price of Bitcoin in 2019 to the Ripple plan to overcome Swift, here are some of the stories that break in the world of Crypto.
Bitcoin
The BitPay COO says that Fidelity and Bakkt will push enough institutional funds into the encrypted market to trigger an upward run in 2019.
The Fidelity cryptography platform and custody solution for qualified investors was launched last month. Meanwhile, the new Bitcoin futures product supported by Bakkt is expected to start in January.
Sonny Singh told Bloomberg he thinks the two companies will help push the price of Bitcoin to $ 15,000 – $ 20,000 in the next year.
The last blog of the week sponsored by ConsenSys in Ethereum was released.
This week's edition covers new protocol updates and news on a number of Ethereum-based platforms, including Status, Golem and Aragon.
Ripple and XRP
Ripple's CEO for India, Southeast Asia, the Middle East and North Africa has just sat down for a chat with the fireplace at the Bahrain FinTech Bay conference.
Navin Gupta talked about Ripple's goals to take over the global Swift payments network and bring the payment industry into the digital age.
Meanwhile, the XRParrot fiat-to-XRP platform is ready for a quick start.
The Web portal allows users in Europe to turn money into a crypto without using an exchange, processing about $ 50,000 in euros in the first three days online.
This is simply incredible: we have just reached € 50,000 after being live for just 3 working days 😀 The community has accumulated around 125,000 XRPs in a few days 👍 pic.twitter.com/opjVsSL44D
– XRParrot.com (@XRParrot) November 21, 2018
Tron
DappRadar has just added support for decentralized apps on the TRON network.
Users can keep track of all Tron-based apps and check metrics like the daily number of users, the volume of exchanges and the number of daily and weekly transactions.
IOTA
The IOTA Foundation is taking steps to slowly remove the IOTA network coordinator, which helps prevent double expenses, but may leave the network vulnerable to attack.
"We have made good progress and we are proud to openly share the state of our research and our plans to move the IOTA into the next phase of life: a tangle without a coordinator."
VeChain
The VeChain-based Esports startup, Plair, claims to have raised $ 22 million and successfully closed an ICO.
Today at 5:35 AM Plair officially sold out and completed the sale and distributed tokens. We humbly thank everyone for taking the first steps with us on our journey to build the best gaming platform in the industry and make the blockchain adaptable to everyone. #VeFam pic.twitter.com/xsjQG7lxQR
– Plair (@plair_life) November 16, 2018
The platform is ready for launch in March. It aims to allow users to create and participate in tournaments of esports, combining features on Twitch, Discord and Steam, as well as allowing developers to create decentralized gaming apps in their blockchain ecosystem.
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Disclaimer: the opinions expressed in The Daily Hodl are not investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrency or digital assets. Please note that your transfers and operations are at your own risk and any losses you may incur are your responsibility. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital assets, nor The Daily Hodl is an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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