Active growth of the crypto market with a number of unsuccessful projects raise a question about the future of the cryptocurrency and blockchain in 2019. Experts claim that in order to have high chances of a long-term role in the market, blockchain applications and crypto assets must provide users with real financial results.
The Brazilian National Social Development Bank is reportedly preparing for issuing its crypto token, which is said to be in parallel with the value of the national currency.
In an escalating step, the financial regulators in Hong Kong intends will tighten their grip on cryptocurrencies, amid news of their intention to put exchanges traders and other pertinent firms under the surveillance of the Securities and Futures Commission, as the media reported today, Dec., 17th.
The speculation on future adoption of Bitcoin BTC drives its price for more than “actual utility”, said the CEO of crypto trading platform BitPay Stephen Pair in an interview with a media outlet recently.
The world's first insured crypto exchange, CGCX.io now offers the World’s First Blockchain-Based Investment Bank in partnership with the Archipelago Group and IBH Capital.
Investing in cryptocurrency becomes like gaming, which may within time generate a constant inner desire inside investors to keep the process going, with both sides they survive: profit and loss, as acquiring the skills over the time practicing such kind of trading pushes those who opt to continue to insist more.
Recently, Boerse Stuttgart, the second-biggest stock exchange in Germany released an official statement. The announcement stated, that the ninth-largest in Europe German stock exchange plans to introduce a crypto trading platform by the second quarter of 2019.
The U.S federal authorities in South Carolina have arrested Thomas Lanzana for charges of defrauding a minimum of 20 people.
South Korea-based cryptocurrency exchange, Coinone transfer has officially launched Cross – a remittance app utilizing Ripple’s xCurrent product to facilitate speedy cross-border payments.
Recently, the crypto-focused institutional asset Morgan Creek Digital issued a $1 million bet against the S&P 500 (SPX) stock market index. The press release states, that the crypto fund has issued a wager that its Digital Asset Index Fund –– a basket of ten major crypto assets –– will outperform the SPX over the next 10 years, starting Jan.1, 2019.
Market insiders had already read that, while VanEck seemed to have been expecting the opposite, and The SEC argues that the postponement comes in favour of a better study.
The second biggest stock exchange in the world, NASDAQ has confirmed its plans to start dealing with Bitcoin futures in the first half of 2019.