Coinbase President’s Bitcoin and market commentary, mysterious Bitcoin whale’s BTC transfer, Ripple official’s industry statement and more in this article…
News on Bitcoin (BTC) and crypto markets
Bitcoin whale reappears: 13,095 Bitcoins transferred to Bitfinex
In the last 24 hours, 13,095 Bitcoins worth $52.38 million have been transferred to the Bitfinex Exchange, possibly to sell at the best possible price before the bears strike again transferred to. BTCs were transferred from an unknown wallet to the exchange in eight separate transactions.
President of Coinbase: “I was not surprised by the cryptocurrency rally in December.”
President of leading US-based cryptocurrency exchange Coinbase said he wasn’t surprised by December’s cryptocurrency rally. On CNBC’s Fast Money, Asiff Hirji, president of Coinbase, talked about how cryptocurrencies have evolved in recent years and where he thinks the crypto industry is heading in 2019.
Things are never as good as they seem. They are never as bad as they seem. And reminded of Buffet’s saying, ‘Be greedy when others are fearful and fear not when others are greedy.’. So I think it’s not surprising that we’ve had some backlash. I think the innovations that took place in the cryptocurrency last year have surpassed everything compared to previous years. If you look at the number of engineers entering cryptocurrency and the actual number of products being released, we don’t have as much innovation as we have today.
Asiff Hirji: “More cryptocurrency in the industry You should expect to see it.”
The President of Coinbase continues his statements by stating that there will be new crypto currency listings:
Three or four years ago, Bitcoin was the only one that mattered in cryptocurrency. was the thing. Then came Ethereum. And now we are at a point where there are probably 3,000 to 4,000 cryptocurrencies. Probably 200 or something like that. And I assume that over time, we will add all the cryptocurrencies that are important in many geographies to our platform. I think this is the start of the next big wave of innovation in technology, and over time you should expect to see more and more cryptocurrencies in the industry.
President of Coinbase: “We’ve created the environment for institutional investors.”
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Asiff Hirji, stating that they provide the necessary environment and conditions for institutional investors to invest in cryptocurrencies, continues with the following words:
I think institutions need a valid place to trade. They need a qualified guardian to keep it. And they want to make sure there is real liquidity. That’s why we provided a lot of liquidity. We have the best, most organized and most harmonious venue on the planet… And we have the only authorized protective solution in the field. And so we think we’ve prepared a lot of infrastructure to allow institutions to invest in crypto assets.
Asiff Hirji: “We think 2019 will be a different year for the crypto industry. .”
The President of Coinbase states that 2019 will be a better year for the crypto money industry and continues his statements with the following words:
Actually, we have hundreds of institutions under our watch.. You know, we have followed the internal goals we set for this business… We feel very good where we are with this business and we think 2019 will be different for the crypto industry.. 2019 will continue to be a good year for institutions entering crypto.
News for Ethereum (ETH)
The latest weekly report published on the Ethereum blog sponsored by ConsenSys output. This week’s edition features new protocol updates and news about a range of Ethereum-based platforms, including Raiden, Status, and Augur.
News for Ripple (XRP)
Ripple’s chief market strategist Cory Johnson releases a new speech. Speaking at the Slush conference in Singapore, Cory Johnson discusses the current “fragmented” infrastructure of cross-border payments and how Ripple can help revolutionize the global financial system.
News for TRON (TRX)
< Justin Sun, founder and CEO of
TRON (TRX), said he welcomes increased regulation for blockchain technology and cryptocurrencies.. Inch. In a recent interview with Justin Sun, he says the regulations will help legitimize the cryptocurrency industry in the long run.. The founder of TRON makes the following statements on the subject:
We work with the assumption that the regulation will come to the industry in many places. In many ways, it will be necessary to legitimize the market and separate good practice from bad. We have recently appointed a chief compliance officer to announce that we are always a good partner with our community and governments.
News for NEO
The team behind the NEO project, At its annual developer conference, it plans to release its new roadmap and platform innovations and show how the global NEO Blockchain community is bringing its “Smart Economy” vision to life.
XRP, Stellar, Binance Coin, Monero and news for more
Crypto payments app Metal Pay says all USD funds held on the platform are now FDIC insured. In this case, first-time users in the US can purchase a long list of cryptos by sending funds to a federal government-protected bank account should the bank holding that account fail.
Metal Pay is currently; It announced support for Bitcoin, XRP, Ethereum, Binance Coin, Basic Attention Token, Monero, Zcash, Litecoin, 0x, Bitcoin Cash, EOS, Stellar, Dash, Dogecoin, Waves and Metal.