In this article you will find the continuation of the “The top 10 headlines to 2018” article. Finally, we have the places 6. to 10. treated, now we continue with the squares 5. to 1.
5. Ripple XRapid goes live
In October 2018 Ripple xRapid, a Cross-Border Payment product, the transaction costs appeared to be reduced to a minimum, now it is commercially available. It was announced by Brad Garlinghouse, the CEO of Ripple, the two-day “Swell” conference.xRapid eliminates the demand for a präkapitalisierten nostro account, in the implementation of a Cross-Border payment.
Thus, Cross-Border transactions within minutes and at a lower cost than conventional solutions. Traditional methods require days to transnational payment transactions and require even foreign exchange fees. This is the first Time that XRP of financial service providers will be used in a commercial application.
4. Bitcoin Cash Fork
16. November 2018, the Bitcoin Cash Hardfork, started a Hardfork in Bitcoin Cash is actually not unusual, since Bitcoin Cash annually conducts two Hardforks to keep the log up to date. In contrast to other network Upgrades this Hardfork was controversial, as the two Teams, which have forked Bitcoin Cash, have fought with all means the Hashrate. Who wants to know more about the Fork, you can do that in this article: Hashwar.
3. G20 countries will regulate crypto-currencies
The G20 countries have published their Plan to find a solution to the question of taxation and the regulation of crypto-currencies. The countries have agreed on the use of crypto-currencies to the G20 conference, which took place in Buenos Aires, to deal with. The joint Declaration was signed by all the G20 countries. You admitted that the current multilateral trade regulations, fulfill their purpose and developed a fundamental Reform of the world trade organization.
The G20 countries are also thinking about a clear and flexible monetary policy, which meets all the global Standards. It is important to promote sustainable growth. The G20 countries declared that they will continue to work for the full, timely and consistent implementation and completion of the approved programme of financial reform and the evaluation of their consequences.
2. NASDAQ’s launch of Bitcoin Futures, despite the ongoing bear market
The NASDAQ, an American stock exchange, is to start launch Bitcoin Futures, despite the current bear market. The second largest stock exchange in the world, is preparing to open in the first quarter of 2019, a Bitcoin futures market, reported Bloomberg.
According to Bloomberg, the Nasdaq has worked with the Commodities and Futures Trading Commission (CFTC), in order to obtain permission to work as a provider of crypto-currency futures. The U.S. Commodity Futures Trading Commission (CFTC) is an Autonomous Department, the in the year founded in 1974, the U.S. government, which regulates Futures and option markets.
1. Bitcoin falls under 3300$
The Bitcoin price peaked at 14.12.2018 a course of 3208$ and thus represented a new low for the year. After the courses were this time last year on the way to the moon, is the crypto-market at the moment is more on the journey to the earth’s core. Since the all-time high of$ 20,000 of the Bitcoin has lost more than 83,5% of its value. Possible reasons for this crash, there are numerous, many investors see the lack of Mainstream adaptation as a cause. Whether this is really the reason can, however, say none. Currently, the Bitcoin is back at a price of 3700$. It remains to be seen what will bring the year 2019, the crypto-market.