Ripple's registry suggested adding NFT support
The Ripple ecosystem developer community intends to explore the possibility of introducing a market for non-fungible tokens into the XRPL registry
XRPL Labs startup founder Witse Wind proposed adding NFT support to the XRP Ledger registry. This was reported on the XRPL-Standards forum thread.
So, Wind argues that support for non-fungible tokens (NFT) will not require drastic changes in the registry. This became possible thanks to the implemented model of IOUs on XRPL, which are similar to the nature of NFT tokens.
In case the proposal is supported by the community, users of the Ripple ecosystem will be able to receive NFT tokens. However, so far, we are only talking about those NFT tokens that are deployed directly in the XRPL registry.
The head of XRPL Labs acknowledges that the implementation of NFT in the Ripple ecosystem is different from Ethereum. If NFT tokens are freely bought and sold on the Ethereum blockchain, then transactions in XRPL will work differently. So, for example, if a user wants to receive an NFT token, he will have to approve an incoming transaction by specifying the NFT issuer (account) and the token code.
💸 Устал терять деньги на трейдинге и инвестициях? Или ты только начинаешь? Тогда добро пожаловать в Telegram-канал Crypto Drops!
Crypto Drops — это настоящий оазис для тех, кто потерялся в мире инвестиций, постоянно сливает деньги в трейдинге или не знает с чего начать.
🚫 Мы не обучаем успешной торговле.
🚫 Мы не даем торговые сигналы.
🚫 Мы не предлагаем волшебные таблетки, которые сделают вас миллионером.
✅ Мы пишем интересные и обучающие статьи и заметки.
✅ Мы проводим инвестиционные эксперименты.
✅ Мы публикуем важные новости, аналитику и многое другое!
👉 Залетай к нам, и ты поймешь, что такое инвестиции на самом деле!
Crypto Stocks Drop Following Largest Crypto Futures Liquidation
The changes were preceded by the exit of bitcoin in correction after the update of the absolute maximum value.
Shares of mining companies traded on American exchanges went down against the background of the largest liquidation of positions recorded in the crypto futures market. Writes about this The Block.
On Monday, the cryptocurrency futures market recorded the liquidation of positions for almost $ 6 billion. The indicator turned out to be a record. For comparison, on Black Thursday in March 2020, the liquidation of positions for $ 4.1 billion was recorded in the market.
Two private banks join digital yuan testing
Private banks supported by Tencent and Ant Group joined the testing.
Two private banks joined the pilot digital yuan testing program at once. Bloomberg sources told the agency that WeBank and MYbank will offer the same features as state-owned banks, which have already piloted digital currency.
Four state-owned banks are participating in the testing of China's central bank digital currency (CBDC):
Industrial and Commercial Bank of China, Construction Bank of China, Agricultural Bank of China, and Bank of China. As part of a pilot program, these lenders will offer their customers digital yuan wallets with the ability to make transfers and payments.
Backed by Tencent's WeBank and digital bank MYbank, co-owned by fintech firm Ant Group, will offer the same functionality.
WeBank and MYbank will be the first commercial banks to join CBDC testing. With the launch of the digital yuan, many speculated that the People's Bank of China (PBoC) would compete with payment apps from Tencent and Ant Group. However, the regulator clarified that the new tool will not compete with WeChat Pay and Alipay.
In early February, it became known that PBoC had developed a hardware wallet for storing CBDC. His tests were to take place in the middle of the month. Last week, China tested ATM cashing of digital yuan.
Campaign launching Binary Option First in DeFi (Unofficial)
ARIES FINANCIAL will soon release a Binary Option!
Prize : $4 worth AFI token (Total $2,000)
Date : Feb 19 - 25
Distribution Date : Distributed in order From 22nd Feb
*AFI sends via xDai
Task :
Follow : https://twitter.com/ariannariesia
RT : my pinned tweet
Follow : https://twitter.com/_AriesFinancial
Join : https://discord.gg/U9b6YuDbe5
Join : /channel/aries_financial_official
Form : https://forms.gle/iM7nQ294iWYydX2K9
Uniswap : https://info.uniswap.org/pair/0xb6a0d0406772ac3472dc3d9b7a2ba4ab04286891
Coingecko : https://www.coingecko.com/en/coins/aries-financial
ARIES FINANCIAL
https://aries.financial/Club?joinBonusID=7
・Yield Farming
・Binary Option
・Option Trading
Experience a comfortable Binary Option with AFI!!
Trading contest will also be held! (In the community)
Для чего Tesla купила Биткоина на $1.5 млрд ?
Бизнес план Tesla to the moоn
Через какую биржу Tesla купила Битокины и по какой цене?
Подробности загружены в этом канале ⬇️
/channel/finstone_crypto_news
Крипто Торгаш дает бесплатные сигналы по криптовалюте.
Краткосрочные,долгосрочные позиции.
Профит колоссальный сам проверь 🚀🚀🚀
Сигналы дают всем участникам группы бесплатно и их эффективность можно отследить Тут
Подписывайся и получай доход !!!
Все реально - Вы и есть ракета 🧞♂️
Ripple partner American Express opens loans to SMEs in Australia
American Express, Ripple's main client on the Ripple network, is providing loans to SMEs in Australia.
According to IBS Intelligence, American Express, a Ripple partner, plans to go overseas and provide loans to small and medium-sized companies in Australia after partnering with the ODX platform, which operates around the world. ODX, a global digital lending software and analytics platform, and American Express have launched a new SME loan service in Australia.
Holders of American Express business cards will be the first to receive these loans, and more customers will be invited in the first half of 2021. Loans ranging from $ 5,000 to $ 250,000 in unsecured equity will be submitted and made available online.
This new service launch comes after Ripple partner conducted a study on small and medium-sized business recovery American Express to gain a better understanding of the environment in which businesses operate in Australia and see how it can adapt to the new environment in 2021. According to this study, the majority of survey participants are optimistic about the coming year 2021, even with continued isolation and the completion of JobKeeper payments expected in March.
These payments were critical to the survival of small and medium businesses. Companies will now need additional capital to support their operations. The new lending service, launched by American Express, aims to address the challenging problems that companies face with other lending institutions in Australia.
Back in 2017, American Express and banking giant Santander partnered with Ripple to launch blockchain-based payments in the UK and US. Money transfers carried out by American Express between the US and the UK on their FX International Payments platform have started using the blockchain-based RippleNet.
DeFi protocol Curve Finance will launch an alternative implementation on the Polkadot blockchain
A protocol from the decentralized finance (DeFi) space, Curve Finance will create a cross-chain implementation of its software to run on the Equilibrium parachain. This will allow him to simultaneously work on the Ethereum blockchain and the Polkadot system, which is new to him. Curve Finance ranks among the leading automated market makers (AMMs) on the Ethereum blockchain and allows the exchange of stablecoins such as USDT, DAI and USDC with minimal price differences.
“We are pleased to see that the demand for stablecoin liquidity is driving our technology into other chains,” said Mikhail Egorov, CEO of Curve Finance. "Deep liquidity is paramount for the proliferation of new applications such as Equilibrium, as well as for the proliferation of new blockchains themselves."
The idea to add Polkadot support came amid continuing growth in fees on the Ethereum network, limiting the use of DeFi applications. Curve Finance is already using tier 2 technology based on zero knowledge proofs to solve the problem. At the same time, developers in the DeFi space are looking for alternative opportunities. Compound, for example, is developing its own blockchain that will allow the protocol to interact with multiple networks.
“When Curve Finance launches on parachain, we will have a powerful tool for exchanging uniform assets within Polkadot, whether they are native to it or not. We intend to reveal true cross-chain functionality, ”said Alex Melikhov, CEO of Equilibrium.
Curve Finance's contracts currently contain $ 4 billion in assets, according to DeFi Pulse, making it the fourth-largest DeFi protocol by this measure. The declared volume of transactions of the Curve platform per month is almost $ 3 billion.
Investor Dan Tapiero launched a $ 200 million fund to invest in cryptocurrency companies
Macroinvestor Dan Tapiero has launched a $ 200 million fund to invest in companies that work with digital assets.
According to a notice to the US Securities and Exchange Commission (SEC), Tapiero and his partners at 10T Holdings, Michael Dubilier and Stan Miroshnik, have launched a $ 200 million fund to invest in cryptocurrency companies as well as blockchain startups. It is noteworthy that the fund has already distributed $ 124 million of funds.
Tapiero announced his intentions to launch an investment fund in Anthony Pompliano's podcast back in November last year. Then he said that he and the "group of partners" are buying shares in cryptocurrency companies in the middle and also late stages of development. He mentioned fintech startup Figure Technologies, cryptocurrency exchange Kraken, and Paxos, the issuer of the PAX stablecoin.
Before cryptocurrencies, Tapiero's investment activity was associated with gold. In 2009, he co-founded Gold Bullion International. In an interview with Pompliano, he said that over the next five years, gold could double, but bitcoin has a 20-30x growth potential.
⚔️ Как стать участником противостояния WallStreetBets? 🚫 Брокеры ограничивают торговлю акциями GameStop или другими? ❌ Ликвидируют позиции?
Регистрируйся на регулируемой криптобирже токенизированных активов Currency.com, где доступно более 2000 активов, без ограничений и ликвидаций:
- Токенизированные акции GameStop, AMC и тысяч других компаний, а также фондовые индексы и ETF.
- Топовые криптовалюты и DeFi-токены.
- Токенизированные облигации, валюты и сырьевые товары.
Прими участие в историческом событии на финансовых рынках, регистрируйся и торгуй на Currency.com.
Приглашаем вас в открытый чат по XRP, мы постараемся собрать максимально большое СНГ комьюнити, что бы богаче стать смогли не только мы но и вы! Успей купить токен! До Исторического момента осталось всего 2 часа!
#BIGPUMP #LONGHOLD #XRP #RIPPLE
/channel/XRPrippleSNG
Japanese giant JCB is testing compatibility with cryptocurrencies
According to the press release of the company for the production of credit cards, it was reported that it started work together with the current start-up in the area of the blockchain-payment Cowr. Firms will soon conduct a test of the compatibility of the solution for tokens using "existing cryptocurrencies and other blockchain networks" on the Coworker blockchain.
Both companies entered into a partnership agreement in August 2019 and agreed to work on the economy of tokens, including local currencies and useful
Ochevidno, IT'S cotpudnichectvo nachalo nabipat obopoty, kogda dpugoy tpaditsionny IT-gigant, Fujitsu, ppicoedinilcya to pilotnomu ppoektu chtoby icpolzovat pesheniya, pazpabotannye iccledovatelckim podpazdeleniem texnologicheckoy kompanii Fujitsu Laboratories.
B On Time nactoyaschee in JCB and Cowru utvepzhdayut chto pazpabotali pesheniya, kotopye pozvolyat ppoizvodit platezhi nemedlenno, icpolzuya chactichno tsentpalizovannuyu DURING podtvepzhdenii novyx tpanzaktsy texnologiyu, vmecto togo, chtoby zactavlyat pokupateley and ppodavtsov ozhidat, poka bloki will dobyty in cootvetctvuyuschix blokcheyn-cetyax.
Theoretically, this innovation can allow sellers and buyers to carry out transactions even when using different currents. For example, a buyer who owns the current X can use it in the store, the owner who only has a wallet with the current Y.
It declares that the new solution will be able to distribute the exchange of tokens between different economic zones, sectors or groups, and the distribution of tokens between different economic zones,
In the last time JCB is studying the options for transition to business sectors, based on the cryptocurrency and blockchain, as well as taking advantage of the operation from the power supply unit.
According to JCB's own accounts, the company has issued cards for 1Z0 million customers in 2Z countries.
🤔 Новичок в крипте и инвестициях? Не знаешь с чего начать и как разобраться в изобилии информации?
Начни с базовых знаний:
🔸 что такое криптовалюты и токенизированные активы;
🔸 как создать аккаунт и торговать на бирже;
🔸 что такое рыночные и лимитные заявки;
🔸 как анализировать рынки и как вывести прибыль;
🔸 как можно использовать биткоин и многое другое.
💥 Все это доступно совершенно бесплатно в "Академии трейдинга Currency.com".
10 уроков в текстовом и видео формате на простом и доступном языке, благодаря которым вы освоите азы в мире инвестиций и криптовалют, а также сможете попробовать свои силы и применить полученные навыки на демо-аккаунте регулируемой криптобиржи Currency.com. На платформе представлено свыше 1500 активов, от токенизированных традиционных активов до криптовалют.
👉 Переходи по ссылке и начни обучение прямо сейчас!
Japan is moving to the second stage of CBDC development
The Central Bank of Japan The Bank of Japan is preparing to go to the second stage of its digital yen proposal, which includes three large blocks.
According to the official position of the Bank of Japan, the release of the CBDC is not necessary, since the regulator carefully monitors developments in the EC, China and the United States in order to make a perfect
At the present moment, it is unknown how long it will take the second stage, which will be started this spring. It will be followed by the third stage - a pilot project with the participation of private business and consumers, who will actively take part in testing practically in the vicinity.
Japan has shown some interest in the study of starting up CBDC mainly because of the fact that China has taken the lead, having made the actual test of the digital training.
Gradually, Beijing is approaching the release of its token and is preparing its spread across the entire country in front of the Winter Olympic games, which are about 20
Galaxy Digital top manager: Institutions are still wary of entering the crypto sphere
Galaxy Digital co-chairman Damien Vandervilt pointed to factors hindering institutional adoption of cryptocurrencies.
In an interview with Bloomberg, he noted that there are several reasons for fear of major players. First of all, these are the risks associated with the lack of regulation.
In addition, there is uncertainty related to the security of storing and sending funds in bitcoin and other digital assets. Until the states solve the above problems, it is unlikely that we will see a massive entry of institutions into the cryptocurrency industry.
Vanderville also noted that security risks come from underdeveloped infrastructure. Because of this, investors are unable to access the instruments they want.
Galaxy Digital co-chair added:
The second order problem, especially for corporations, is the tax regime, which is not defined in relation to cryptocurrencies in the United States. For example, Bitcoin is still considered an intangible asset.
There are 106 million cryptocurrency users in the world
According to the latest research, today cryptocurrencies are used by more than 106 million people worldwide.
The cryptocurrency exchange Crypto.com notes in its research that in January alone, the adoption rate grew by 15.7%, and although the recent Bitcoin rally was driven by existing users, the representatives of the marketplace are confident that it was the newcomers who helped the price stay high.
According to a study that took into account data from 24 cryptocurrency exchanges, the rapid rise in the price of bitcoin has become the number one driver for increasing the number of users. Other likely factors include the rise in popularity of Decentralized Finance (DeFi), a new financial ecosystem that uses blockchain technology to provide financial services without the involvement of third parties.
Also, the research data indicates that the growth of the cryptocurrency market in August 2020 was led by the Ethereum cryptocurrency (which coincides with the peak of the DeFi boom), and not Bitcoin, as it might seem at first glance.
Increased investment from institutional investors like Microstrategy and Square has been another important factor in the rise in popularity of cryptocurrencies. In addition, the researchers noted that after PayPal offered its customers the ability to buy and sell cryptocurrency at the end of 2020, the adoption rate has also increased significantly.
Notably, the Statista report indicates that Nigeria is the leading country in the adoption of cryptocurrency: one in three respondents surveyed said that in 2020 they used or owned cryptocurrency. According to Google Trends, Nigeria also dominates search traffic for the keyword bitcoin.
Cryptocurrency adoption is also growing in Southeast Asia. According to Statista, a fifth of Vietnamese respondents said they used cryptocurrencies in the past year, despite the central bank's refusal to recognize the asset class as legal tender.
🎉 Регулируемая криптобиржа токенизированных активов Currency.com отмечает свой второй день рождения!
За два года работы Currency.com показала существенные темпы роста, став крупнейшей криптобиржей на территории СНГ.
‼️ Только за последний год:
- Число клиентов выросло с 50 000 до 250 000 человек.
- Количество внесенных клиентами средств увеличилось в 3 раза.
- В декабре 2020 года объем торгов на криптобирже составил $2,6 млрд, что превышает аналогичный показатель за весь 2019 год.
- Максимальный объем торгов за день приблизился к отметке в $120 млн.
- В 2020 году Currency com Limited получила лицензию от Комиссии по финансовым услугам Гибралтара (GFSC). Компанию зарегистрировали в FINTRAC (Канада) и в FinCEN (США), в результате чего она получила разрешение на обслуживание клиентов из Канады и США.
Присоединяйся к Currency.com и расти вместе с нами! 🚀
Ebang Raises $ 70 Million Through Share Sale
Chinese miner manufacturer Ebang International Holdings has announced the closure of an additional public offering with gross proceeds of around $ 70 million.
The company sold 14 million shares for $ 5. Each share consisted of a class A common share and an order to buy half of the similar security.
According to the statement, institutional investors became the buyers of the securities during the additional placement.
The company intends to use the attracted financing mainly for the development, production and sale of ASIC miners, as well as for the creation and operation of mining farms.
In July 2020, Ebang held an IPO on the Nasdaq. The firm raised $ 101 million by selling 19.3 million shares for $ 5.23.
At the time of writing, Ebang is trading at $ 11.85 premarket.
NFT and CBDC in XRP ledger becomes more real
Non-fungible tokens, or NFTs, are now a hot segment of the crypto industry. Non-Fungible Tokens, or non-fungible token, is a unique digital or tokenized version of real resources that serves as proof of identity and ownership in the digital environment. The most common use case for NFT is in-game items and characters, which cost up to $ 50K. And this is not the limit.
The XRP community is very interested in the ability to create similar tokens on the XRP ledger. XRPL Labs highlighted that this is possible, but XRPL NFTs operate differently than Ethereum (ETH), the most popular NFT platform in 2021. XRPL Labs will release a report on NFT capabilities in XRP Ledger in the coming weeks, its representatives added.
Polkadot developers updated the project roadmap
The developers of the Polkadot project have posted a plan to deploy parachains and slot auctions, which should mark the launch of the protocol's main network.
According to the published roadmap, the launch of Polkadot's main network is preceded by three main phases.
The current stage is the Rococo testnet, where developers can test mechanisms for interoperability between the various Polkadot parachains. The platform uses the Cross-Chain Message Passing-lite or XCMP-lite mechanism to allow parachains to exchange cryptoassets and data through the relay chain of Polkadot, the central coordinator of the network. The Rococo testnet launched in August 2020, but the functionality of its components has not yet been fully rolled out.
The next step will be a vote to include the parachains in the Kusama experimental R&D network. This network is the middle ground between test and mainnet. Once the stability of the parachains in Kusama has been achieved and all audits are completed, an online vote will be held on Polkadot to activate the parachain auctions.
The exact timing of the deployment of the development stages is unknown. However, community members anticipate that the deployment of parachains will occur in the first quarter of 2021.
However, stability issues remain with the Rococo testnet. For example, one of her parachains is stuck at block 1036 with a time stamp on February 15 at about 00:00 Moscow time. According to the pull request on GitHub, a major stability incident has occurred on the testnet.
Meanwhile, the DOT network cryptocurrency has surged to new highs. According to CoinMarketCap data, DOT is trading for $ 30, showing growth of 25% in a week and more than 40% in a month. Polkadot is currently ranked fourth in the TOP 10 cryptocurrencies by market capitalization.
PayPal representatives told why the company is not going to invest in Bitcoin directly
So far, the management of the PayPal company is not going to convert the currency reserves into Bitcoin, Ethereum or any other digital asset. Moreover, such statements were made, despite the confidence of the platform management in the bright future of the booming blockchain industry.
Last year, PayPal integrated Bitcoin and several popular altcoins into its payment system, which has greatly spurred the speed of asset acceptance among its hundreds of millions of customers. However, now there is no talk of transferring the company's personal savings to the crypt. Let's talk about the situation in more detail.
Recall that the news about the integration of Bitcoin and other cryptocurrencies into the PayPal platform became known at the end of October 2020. The market reacted to the news, thanks to which BTC grew from 12.25 to 13.24 thousand dollars during the day. Many analysts saw the company's decision as one of the main catalysts for the coin growth phase that is currently underway.
Nevertheless, thanks to the efforts of the platform, a huge number of users gained access to the coins. And although they cannot withdraw the crypto to third-party wallets - just as they do not own the private key to access the contents of the cryptocurrency address, they still managed to make money on the growth of Bitcoin.
It is worth noting that the company also experienced benefits from its actions. As PayPal CEO Dan Shulman said earlier this month, "the volume of crypto trading has exceeded their expectations," and significantly. In addition, coin buyers visit the platform twice as often as they did before purchasing. Read more about the company's attitude to crypto in a separate article.
Bitcoin is trading at $ 47,253 this morning, up 21.6 percent from a week ago. Of course, such a rapid growth of the cryptocurrency was provided not only by PayPal, but also other news on the type of investment in BTC by Tesla, but the decision of the payment platform still played its role.
🐶 DOGECOIN теперь на Currency.com!
Пока хедж-фонды считаю убытки от шорт-сквиза акций GameStop и AMC, движение Wall Street Bets, при участии Илона Маска инвестируют в народную криптовалюту Dogecoin!
По многочисленным просьбам клиентов и криптосообщества, регулируемая криптобиржа Currency.com добавила возможность:
- Покупать, хранить и продавать DOGE за USD;
- Совершать торговые операции с левериджем до 10х в паре DOGE/USD.
Регистрируйся на Currency.com, покупай, храни, продавай или торгуй с левериджем Dogecoin!
Protego Trust Bank Receives OCC License for US Banking
Protego Trust Bank became the second cryptocurrency company to receive approval from the United States Comptroller of the Currency (OCC) to conduct banking activities in the country.
Protego secured conditional approval from the OCC, following custodian service Anchorage, which received a similar banking license in January. According to the press release, the newly established trust bank will also offer a trading platform for clients, new digital asset issuance services and a P2P lending platform.
“Protego's integrated offering will be of great benefit to organizations that want to be able to keep their assets in a federally regulated bank,” said Jonathan Silverman, chief strategist at Protego.
According to an OCC press release, Protego has 18 months to comply with all regulatory requirements before being transformed into a national bank under conditional approval. Protego's head of business development, Chris Hunter, said the company was committed to custodianship of more than $ 1.5 billion of assets.
“OCC has made tremendous strides in a short period of time regarding digital banking approvals, and we are very pleased to have received one of the first licenses issued by OCC,” said Protego founder Greg Gilman.
Coinbase and Binance Hit the Top Most Popular Websites in the World
According to SimilarWeb and Alexa, crypto exchanges Binance and Coinbase were ranked in the top 1000 sites with the highest traffic.
In the SimilarWeb ranking, Binance is ranked 839 among the most popular sites in the world, while Coinbase is at 874. In the Alexa rankings, Coinbase is ranked 830 and Binance is at 415.
In the US, Coinbase was the 386 most visited site in SimilarWeb and 187 in Alexa.
On the other hand, the most popular exchange in Russia is Binance. According to Similar Web, the site ranks 563 in the country. In the US, Binance has become the 676th most popular site.
The surge in interest in cryptocurrency exchanges suggests that people want to learn more about digital assets and are considering investing in them.
The largest cryptocurrency exchange Binance has announced a new token sale (IEO) on its Binance Launchpad. This time the choice fell on the SafePal (SFP) project.
Читать полностью…Visa CEO confirms plans for cryptocurrency integration
Visa CEO Al Kelly said the company is working to offer integrated cryptocurrency payments to users. The first reports of this came from a telephone conversation a few days ago and now they are officially confirmed. Another major player enters the crypto market.
Kelly says that at the moment, Visa has all the technologies to ensure the safe use of cryptocurrencies on its network. The payment operator also plans to integrate digital assets into its ecosystem, which, taking into account brand awareness, will help make cryptocurrencies safe, useful and better adapted for payment.
For recurring payments, the focus will be primarily on stablecoins like USDT. In addition to integrating transactions, the company plans to allow its customers to buy digital assets using Visa credentials, as well as convert them to fiat with withdrawal to Visa accounts.
Visa is optimistic about the future prospects of stablecoins, and providing a convenient service for depositing and withdrawing cryptocurrencies will make life easier for many people using bank accounts for this. Recall that at the end of 2020, Visa, together with Circle (creators of the USDC), issued a corporate payment card.
Vietnam Exchange Adds Lightning Network Support
Thanks to VBT integration, the Lightning Network now supports half a dozen bitcoin exchanges.
In Sunday's announcement, Vietnam's oldest (and reportedly the only Bitcoin-exclusive) exchange announced that Lightning Network withdrawals are now open to its users. VBTC CEO Dominic Weil said the deposits will be available later this year.
According to an article by BitcoinVN News, the media arm of BitcoinVN, the parent company that also owns VBTC, Lightning Network withdrawals are valued at 1,000 Satoshi plus 0.2% of the amount withdrawn. There is a fee of 100,000 Satoshi (0.001) for normal Bitcoin withdrawal.
Weil said the decision was inspired in part by the high fees the bull market brings for bitcoin, as well as pressure from the local bitcoin community, which has already largely adopted Lightning.
“The Vietnamese Bitcoin community is generating growing interest in gaming and using the Lightning Network. There are now about a dozen businesses in Saigon / Vietnam set up to accept Lightning payments through Neutronpay; Asia's first Lightning ATM was launched last fall in Saigon by a member of our Saigon community. Calls for an exchange to start being able to support Lightning directly have grown over time. So we had to deliver. "
The news comes just days after the exchange also accepted its own SegWit batch transactions, allowing it to group withdrawals from clients together in SegWit transactions to reduce on-chain fees.
Weiss: Bitcoin in 2021 could repeat the 2017 scenario
Experts from the Weiss rating agency said that Bitcoin in 2021 could repeat the 2017 rally. We are talking about the rapid growth of value, and not its gradual increase, as it was at the end of last year.
According to experts, a number of internal factors may now affect the price of the main coin, since constant new receipts from large investors have practically ceased to affect the bull trend.
Last week, the main coin faced a major correction, during which it sank to $ 30,000. Already on Saturday, the value of the asset began to increase again. As a result, the coin returned to values above 33 thousand dollars. Weiss representatives note that if the trend persists, even taking into account periodic corrections, the asset may rise in price by almost 10 times.
“The entry of institutional capital into the cryptocurrency industry has become one of the fundamental events for Bitcoin. Grayscale and MicroStrategy have already invested in digital assets. Other large companies and funds are considering investing in bitcoin. If the inflow of investments continues to increase, then very soon we will see the main coin at 50 thousand dollars and even more expensive, ”- said the experts.
The main feature of bitcoin is that its deficit is under the control of the industry participants themselves. This is what can attract new investors who are ready to make large-scale investments. In addition, central banks are also gradually beginning to show loyalty to bitcoin, which speaks of continued adoption.
The world's largest investment company is interested in bitcoin futures
The largest investment company in the world by assets under management, BlackRock has filed two applications with the Securities and Exchange Commission (SEC), which would make it possible to place funds in Bitcoin futures with the help of certain funds.
Two applications for BlackRock Funds V and BlackRock Global Allocation Fund, Inc. contain a request for the possibility of working with bitcoin futures: "Some funds may start working with futures contracts based on bitcoin."
The documents dated January 20 indicate the potential risks of this type of activity: “The fund's investments in bitcoin futures may be associated with the risk of insufficient liquidity, since BTC futures are not as actively traded as other futures. The reason for this is the relative newness of the Bitcoin futures market. "
BlackRock noted that the only bitcoin futures that the funds will work with are BTC cash-settled futures traded on CFTC-listed commodity exchanges.
Of course, this is not to say that BlackRock funds are on the cusp of buying bitcoin futures. But it is known that such registrations usually preceded such actions and indicates that BlackRock is laying a regulatory track for allocating funds to work with this financial product.
BlackRock CEO Larry Fink noted last month that bitcoin is gaining acceptance as an asset class, but warned that it will go through a lot to make sure the claims are real.