Price action still is sideways, we could experience volatility on Jan 26th
- Former Ripple Exec Invests $57.5 Million in Uphold :
Digital money platform Uphold today announced it has received a $57.5 million investment from former Fed Reserve senior analyst and Ripple chief risk officer Greg Kidd.
Kidd, who will join Uphold's board of directors, will also help fund the creation of a research and development arm, to be called Uphold Labs, through his investment vehicle Hard Yaka. Kidd has previously invested in Coinbase, Square and Twitter.
IMO: I'm still not buying into Ripple, I think its too centralized with the CEO Brad Garlinghouse owns a 6.3% stake in Ripple in addition 70% being locked up with banks.
Source : https://www.coindesk.com/former-ripple-exec-invests-57-5-million-in-digital-money-platform-uphold/
- World’s First Cryptocurrency Airport In Brisbane :
Brisbane Airport (BNE) will soon become the first cryptocurrency airport terminal, according to reports from local media. The airport is working with local and international companies to make the entire terminal cryptocurrency friendly, with stores, coffee shops and restaurants accepting Bitcoin, Etherand Dash.
IMO: If this is a trend that continues with airports across the world, and the prices of crypto keep going up, millennial's could travel much earlier in life .
Source : https://cointelegraph.com/news/worlds-first-cryptocurrency-airport-in-brisbane
- Japan turns into cryptocurrency haven as others crack down:
Authorities in Tokyo are walking a tightrope between protecting consumers and preserving Japan's own reputation for innovation. But some fear the reluctance to tighten the rules on bitcoin trading could expose the country to financial risk. Japan was an early adopter of cryptocurrencies, recognizing them as a valid payment method last year. Now it appears to be the world leader for bitcoin trading, with yen-bitcoin transactions now accounting for 40% of the global total.
- Startup Wants to Sell Your DNA for Cryptocurrency:
If you’re broke with bodily fluids to spare, you can sell your blood plasma. You can pawn off your sex cells or, if a new startup is successful, you will soon be able to spit in a cup, upload your genetic code to the blockchain, and sell it for cryptocurrency. EncrypGen says it wants to build the Amazon of genetic material. The startup will let users put their DNA online, sell it to researchers or companies, and be paid in EncrypGen’s own cryptocurrency. It sounds like the premise of a sci-fi paperback. It’s also made EncrypGen millions in bitcoin, before the company has even launched its gene-selling product.
IMO: This is retarded, It just looks like a company that's trying to make a quick buck during this current Crypto hype.
Source : https://www.thedailybeast.com/startup-wants-to-sell-your-dna-for-cryptocurrency
- 'Micro' Finance Giant Robinhood Makes Big Bet on Bitcoin Trading:
Stock trading mobile app provider Robinhood is jumping on the crypto-trading bandwagon. Announced today, the company, which was founded in 2013 as a way to democratize stock trading, said it plans to roll out bitcoin and ether trading services via its mobile apps next month. Not only does the company hope to attract cryptocurrency enthusiasts to its more traditional products, but it's also launching the service to catch some of the momentum cryptocurrency has seen as of late.
"We've come to understand that cryptocurrencies as an asset have exhibited clear and underlying resiliency and have integrated themselves as part of a diversified and balanced portfolio," Robinhood co-founder and CEO Vlad Tenev told CoinDesk.
Source : https://www.coindesk.com/micro-finance-giant-robinhood-makes-big-bet-on-bitcoin-trading/
Twitter Update :
- Zebpay, India's major cryptocurrency exchange is listing Litecoin, in the recent light of increased fees having lower transaction cryptocurrencies is important.
-Tron got listed on Bitfinex
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