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From a verification of Bitcoin's impulse to a new milestone for Ethereum, here are some of the stories that open up in the world of Crypto.
Bitcoin
Bitcoin's death has been "greatly exaggerated," according to a new study by the University of Cambridge.
To reach its conclusion, the second Global Cryptoasset Benchmarking Study compares the current price of Bitcoin to its levels in January 2017.
"The speculation about the death of the market and the ecosystem has been enormously exaggerated, and therefore it seems likely that the future plans of expansion of the participants in the sector will, at most, be delayed …
Statements proclaiming the death of the cryptocurrency industry were made after each global ecosystem bubble. While it is true that the 2017 bubble was the biggest in the history of Bitcoin, the market capitalization of bitcoin and crypto-asset ecosystem still exceeds levels in January 2017, before the bubble began " .
You can check the full study Here.
Ripple and XRP
Ripple's CEO, Brad Garlinghouse, is applauding the head of the International Monetary Fund Christine Lagarde for telling the world's economic elite that "money itself is changing."
.@Lagarde It is absolutely correct: money itself is changing. Digital resources not only help solve the problem of financial inclusion, but also the real problem of a global system of fractured payments: it is logical that central banks rely on them. Https://t.co/aFKwrF6Vf9
– Brad Garlinghouse (@bgarlinghouse) December 14, 2018
In a recent speech, Lagarde noted the promise of blockchain and cryptocurrency technology.
"Even cryptocurrencies like Bitcoin, Ethereum and Ripple are competing for a place in the cashless world, constantly reinventing themselves in the hope of offering a more stable value and a quicker and cheaper deal."
Ethereum
Ethereum has just reached a new milestone.
According to Etherscan, fifty million unique addresses have now been created on the platform.
Since May of this year, about 100,000 unique addresses have been created on average each day to reach the new brand.
Litecoin, Bitcoin Cash and Bitcoin SV
The "Flappening" has finally happened.
At the beginning of this year, the creator of Litecoin, Charlie Lee, predicted that Litecoin would exceed Bitcoin Cash's market share, and defined the "flapening" event.
Months later, it finally happened – at least for now – with Litecoin before Bitcoin Cash and Bitcoin SV, according to CoinMarketCap.
IOTA
IOTA works with the NEXT Biometrics fingerprint sensor company to create a new identity management system. The project will use the IOTA tangle to create a safe way to store and verify people's identity.
"NEXT will integrate IOTA technology into a selection of its sensor products, leveraging IOTA's extensive technical expertise to ensure seamless solution development, both of which will use their own networks to promote and showcase NEXT technology. and IOTA ".
NEXT Biometrics and IOTA Foundation join forces to accelerate IoT identity management solutions https: //t.co/SUZ6LPuoIP
– IOTA (@iotatoken) December 13, 2018
In October, IOTA also announced a collaboration with IAMPASS to feed a biometric authentication system that uses a person's palm vein pattern to verify their identity
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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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