1. Is Bitcoin dead? Far From It!
While the bear market has more and more people wondering “Is Bitcoin Dead?”, one advantage when price is less of a distraction and competition for engineering talent isn’t so tight, is that serious projects can buckle down and start to develop real products. The question, then, is whether there are any serious projects for developers to work on?
2. Ledger expands to New York City
The company, which also focuses on corporate and individual blockchain applications selected Demetrios Skalkotos to lead the unit for Ledger Vault’s global business. Ledger Vault is a multi-authorization cryptocurrency and self-custody management solution that is designed to secure large volumes of digital assets. It currently is the premier solution for enterprise security with financial institutions.
3. Bitcoin Coffee: coffee on the blockchain
You can arrange and settle a lot through blockchain. Property rights, identity, but also, for example, the origin of products. How about coffee on the blockchain? Today you can buy the world’s first blockchain coffee: Token. This newly established coffee brand is an initiative of Moyee Coffee and FairChain Foundation that want to offer you full transparency about where your coffee comes from.
4. Bitcoin Price Stays Above $3500
While many are asking “Is Bitcoin Dead?” a heavy influx of volume at around lunchtime yesterday propelled the price of Bitcoin around $150 northwards, and instigated something of a rally for the beleaguered headline cryptocurrency. Its price eventually peaked out at $3,659 around 8pm last night, before settling to oscillate around the $3,550 mark.
5. Using Bitcoin for College Bills
Maziar Bahari, the editor of IranWire.com, said the US sanctions were affecting hundreds of Iranian university students in the UK and that some had started using cryptocurrencies in an attempt to circumvent the banking restrictions. “They are using Bitcoin and other cryptocurrencies in order to get money,” he said.
6. Bitcoin Peak Price Birthday
One of the reasons that so many people jumped aboard cryptocurrency over the past 12 months was the enormous spike in prices that took place at the end of last year. In particular, Bitcoin hit its absolute high of just shy of $20,000 a coin. That was on December 17th 2017, and was the point in the history of the cryptocurrency where millionaires were being made. Even at the end of 2017, the price was still soaring.
7. Malta is getting a blockchain bank
It seems that Malta is about to get a bank that will finally begin servicing crypto and blockchain companies as well as high net worth individuals, who until recently, have been shunned by traditional banks on the so-called ‘Blockchain Island’. OK Group’s investment arm, OK Blockchain Capital Limited, announced that it is the anchor investor in RnF Finance Limited. The Maltese based company applying with the Malta Financial Services Authority for authorization will act as a credit institution.
8. Stock Markets Down, Cryptocurrencies
Will Bitcoin fail? Is Bitcoin dead? Seems like the oposite after ongoing stock market volatility, blamed on technology stocks, interest rate hikes and trade disputes, the bears are calling a possible crash. Meanwhile, as money flows out of the conventional markets, cryptocurrencies are green and gaining. Cryptocurrency market capitalization is now up over $9 billion.
9. Circle CEO Remains Bullish on Bitcoin
Jeremy Allaire, the co-founder and CEO of the fintech startup Circle, is being very optimistic about the future of bitcoin, even despite the recent downturn in the cryptocurrency’s value. The entrepreneur said he believes bitcoin will skyrocket in the next three years, eventually driving all cryptocurrency valuations.
10. Brokerage firm Tagomi Launches
Tagomi Holdings Inc., an electronic brokerage startup backed by PayPal co-founder Peter Thiel’s venture capital firm, has launched, according to a Dec. 17 press release. Tagomi is an electronic brokerage for digital assets. The firm’s offerings include cross market execution, capital management, post-trading reporting, as well as settlement and custodial services.