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From more evidence of institutional interest in Bitcoin and cryptocurrency to an imminent update to Ethereum, here are some of the stories that open up in the world of Crypto.
Bitcoin
In 2018, Goldman Sachs-backed Circle is reporting a huge $ 24 billion demand from institutional investors.
In a new blog post, the company said its over-the-counter (OTC) cryptography activity performed more than 10,000 transactions over the course of the year, with 36 different cryptographic resources.
"Our OTC trading business, Circle Trade, continued to expand despite a tumultuous year for the industry: we have hired a record number of new institutional clients (hereafter on), we have increased our trading operations 24 hours a day with coverage in the US, Europe and Asia, and added significant workflow improvements, including the launch of our RFQ electronic API …
Circle Trade has become a basic liquidity provider for the entire crypto ecosystem – including miners, exchanges, project developers and founders – and for the new base of cryptic VC investors, cryptographic funds, hedge funds and family offices in Worldwide. "
Our co-founders reflect on a transformative 2018 that included new products, customer growth and the learning of important lessons on building an open global financial system.@Poloniex @centre_io @circleinvest @ResearchCircle @jerallaire https://t.co/1sATjRn0xf
– Circle (@circlepay) January 3, 2019
Ripple and XRP
The National Bank of Kuwait is promoting its new repatriation service powered by Ripple.
The platform, called NBK Direct Remit, is now available. Use Ripple & # 39; s xCurrent to process instant cross-border payments from Kuwait to Jordan.
Send money instantly with NBK Direct Remit. Access NBK Online Banking using RippleNet's Blockchain technology. NBK Direct Remit is currently available for Jordan. https://t.co/hrtKXF6nZA pic.twitter.com/yxlp7MkOM9
– National Bank of Kuwait (@NBKPage) January 3, 2019
Meanwhile, XRP Community Price Watcher has just added daily volumes for all of its fiat and crypto pairs.
The site is designed to track the price of XRP on multiple platforms.
Ethereum
So far, about 10% of the Ethereum nodes have been upgraded in anticipation of the difficult fork of the platform.
The Constantinople update is ready for use on January 16 and is designed to integrate a series of network improvements and reduce the award for the 3 ETH to 2 ETH mining block.
Ethereum Constantinople Client Adoption Coverage: 10.2% – Update your customers as soon as possible!
– Geth 1.8.20
– Parity Ethereum 2.1.10 or 2.2.5https: //t.co/7YxYRAn1yR– Afri 🌩️ Jan 16 (@ 5chdn) January 3, 2019
Stellar
Co-founder Stellar Jed McCaleb sat down for a quick interview with CoinDesk.
McCaleb, who was selected by the publication as the fifth most influential person in the crypto, talks about what attracted him to the cryptocurrency and the blockchain in the first place.
What do you like? #cryptocurrency?
We ask, @stellarorgThe creator answers: https://t.co/01RghbJUuo #XLM #cryptoinfluencers pic.twitter.com/DR1Q4DhAQs
– CoinDesk (@coindesk) 2 January 2019
litecoin
The community manager of the Litecoin Foundation has just published a broad look at Litecoin's progress in 2018, along with a look at the new year.
"The focus on 2019 is to continue to lead adoption In terms of developments, we aim to grow the Lightning network on Litecoin and to incorporate Atomic Swaps and Privacy features. already seen the progress made in these specific areas …
In the long term, the Litecoin Foundation will use its participation in the German WEG bank to work and build innovative solutions in the financial sector, remittance services, loans and microfinance. We are also trying to cover the adoption of multiple merchants through e-commerce globally and continue to push for mass adoption in other parts of the industry, including sports, media, fashion and entertainment. We want people to pay with confidence and ease with Litecoin knowing that they have full control over the information they transmit in their transactions ".
Tron
The BitTorrent peer-to-peer file sharing platform is preparing to launch its Tron-based cryptocurrency.
The currency, also called BitTorrent (BTT), will initially be launched on the most popular BitTorrent application, the Windows-based μTorrent Classic client. Users who download files will now be encouraged to share those same files with other users. Users who participate and share files – improving storage space, bandwidth and platform performance – will earn tokens.
The token will only be available for non-US accounts on the Binance Launchpad, a new token sales platform. Tron bought BitTorrent in June last year, reportedly for over $ 100 million.
#Binance Launchpad will present new projects in 2019https: //t.co/vso8jm6iOf pic.twitter.com/YWqNILxsV9
– Binance (@binance) January 3, 2019
Cardano
Emurgo, Cardano's venture capital arm, has just taken a look at the progress of the platform in December.
The video presents the Cardano roadmap, which has been updated for the new year.
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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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