Crypto News: Bison, Western Union, Coinbase Pro, Vechain, IOTA, Nano (17th – 25th of December)

by birtanpublished on August 25, 2020

Hello descriptive coins and welcome to another video in my cryptocurrency news series in which I am looking the most interesting developments and using the cryptocurrency world that happened last week so today I'm looking at anything between 17th and 25th of December as

Always we'll begin with the market situation and I do need to explain why I haven't uploaded for a month because I was moving a house that's visible in the background which is different so the market situation it's

Pretty good so the market has been recovering quickly but we recently had some reversal as visible on this part of the graph and the current prices are around Bitcoin about 3.8 ke7 132 and overall as you can see altcoins has been

Actually outperforming Bitcoin as the ezd do whenever the market is doing well now it is quite difficult to predict what's gonna happen as always but the sentiment was very good last week where we pretty much had gains every day but

It is quite uncertain wasn't happen currently because of the recent decrease in price so be very as an investor I on a side note a cerium outperforming pretty much of the other cryptocurrencies which as an ECM hold a

Number is happy because I do believe he theorem has been oversold in a recent bear market now the first news is about the app called bison's on a 19th on 18th of December should the stock exchange I'm not gonna

Try to pronounce that which is Germany's second largest exchange and the ninth largest exchange in Europe has announced a release date for the crypto currency trading up called bias on the app should go live at the

End of January 2019 and it is a result of a collaboration between berlin-based fin tech company called Solaris Bank which also will offer a crypto trading banking services in this stock exchange now initially the app will only be

Available in the German app stores but I wouldn't be surprised if support for other countries was planned in the future as well the crypto supported will be Bitcoin Assyrian ripple and litecoin but they didn't ask that they will have

More in coming in the future now the app will compete with the likes of Congress and robber which is obviously good news and small competition is always better so pretty good news in general now another good

News is about Western Union it's not a nice it's more very something that could happen so on 17th of December western union published a video that was looking more into cryptocurrencies now in the video the president of dill on our might

Explain that they're looking to cryptocurrency option if the cryptocurrencies achieved broaden acceptance obviously it's a pretty big condition but it's something they are looking into the Western unit company is

An American financial services and communications company that nowadays mostly concentrated on money transfers money orders and wire transfers on the company employs around 11.5 km and they do have around 500 five billion in

Revenue in 2017 the Western Union is currently testing payments we had the blockchain using replimat which was created obviously by repo but you can transfer any currency between Bitcoin and Assyrian as well now all the actual

Adoption of cryptocurrency by Western Union is still not not news because it still not announced it does prove that if you have interest in cryptocurrencies and it doesn't side despite the bear market and obviously as a payment

Company it's something that they could really use crypto currencies if they provide that service to other clients now another news is about corn-based bro and it did announce new tokens 19 on 18th of December Congress has gone I was

Listing with several assets on their home base pro platform the new assets are stable coin die and its governance coin maker then there's also distributed computing platform Gorham and a high performance smart contract doctrine

Called zelicah now this follows the listings of civic district 0x loom network and centralized so the central ant which were launched earlier this month so they're pretty pretty busy with listings of new out coins and that also

Means that there should be more token listings coming in future as well that is important to note that these assets are not yet available on coin bezel comm or in the hub which is obviously the main source of adoption

If that happens they will have separate announcement and also safe to assume that it is in my opinion the next token on up will be one of their once that's already listed and Pro I'm thinking the likes of brave or 0x for example and

Then you also need to note that compass Pro is currently a top 30 exchanges in terms of volume so still those listings you know though it's not the app itself it's very significant then we have news about all my favorite projects which is

Be chained and they did have their financial executive report for this quarter's on 17th of December region has published their fifth witching foundation financial executive report now this financial report covers August

2018 through October 2018 the aim of this report is to provide investors with monitoring the use of funds and development process of all the aspect of the EB chain plot from another key

Highlights there it's a pretty long document we can read more in their media blog so but some of the key highlights are the ratio of the circulating bad supplies 67 percent which is roughly two percent larger than last time so there

Will be more tokens introduced in their circulation in the future several new enterprise level investors and partnerships are on board eight full-time team members were employed talking swap and main at launch success

Happen so that's already operational money expenditure how is basically they highlight how much money they're spending and then events over B as well now not many projects do that and I do feel that over ears like that are very

Useful from the investor point of view I do wish more projects we're actually providing that kind of service because it does definitely increase the faith in the project another project that we're looking into is IOT and their

Partnership with something called cyber 20th of December Kyoto Foundation announced a new lightweight trinary cryptographic hash function in the collaboration of a company called cyber crypt AES which is a system provider in

Robust cryptography and cyber security now they developed a secure hash function that we named Roca for iota which will lay a cryptographic foundation for the final I got a protocol with the aim of withstanding oh

No unknown crypto analytic attacks now on top of that the foundation and Saba crypt have announced a competition for crypt analysis to evaluate Roca with 200,000 prize pools a lot of money for breaking around reduced variants of the

Troika hash function basically an invitation for hackers to see if they can break the security now despite the bear market iota seems to continue strong strong development and strong partnerships with development going

Forward so it does seem – they do seem to be doing quite good in terms of how the progress in this one of my favorite projects as well even though there is some opinions that are quite centralized and that doesn't seem to be the case but

I do you think for the partnerships and an NGO in development they do have a pretty good future my opinion obviously last news is about in Nano and their release of the update called Bolton so in also 9 18th of December on has

Released their Bolton update which is a version 17 it was one of the largest releases yet and provides fundamental support for future software enhancements alongside a major feature of the lazy bootstrapping the flagship feature of

That is the ability to in charge the intelligently download the ledger and thus reduce the time it takes to start participating on the network community another note which would allow for more natural participants I do have several

Other improvements the pre major release which is the reason I mention they care and that includes common stability by the traffic humming and smaller but also more important changes as well the reason why

I mention Nano is because it does this currently on 14th place on corn market cup with a total market cap of 142 million US dollars now it has been very much strong this year in terms of price but in terms of development it is one of

The most active projects nanano constitutes purely on providing a payment service you know Phyllis instant transactions of value which is something very rare in the triple currency world not what are you think is enough to

Justify its existence I do feel that the current valuation is quite low for what it trying to achieve as always thank you very much for watching this video I do appreciate you doing it I will try to upload more in the upcoming weeks which

Obviously having redone in the while but that's because we didn't have time and it needs to do so thank you very much subscribe for more and I'll see you in the next video just

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