Crypto News: Bitcoin Private, Raiden, Bakkt, Genesis Vision, Stratis, Ripple (end of December)

by birtanpublished on August 24, 2020

Hello descriptive coins and welcome to another video in my cryptocurrency news series in which I am looking the most interesting news and developments that happened in the cryptocurrency world this week so today's for the first of December and I'm looking at the anything

That happened basically at the end of December 2018 as always thank you very much for watching this video and I hope it will be useful in d2 will begin with the market situation which is not that great but it's also not absolutely

Terrible as we have seen in the past so the market suffered some decreases at the beginning of this week but stabilized since then as you can see for the prices Bitcoin is around 3.8 K serum and 137 as you can see most of the

Cryptocurrencies decreased there are few exceptions like – coin for example but overall the trend is down trend however it's mostly because the beginning of this week on 25th which we can see there are some major decreases now a serum has

Been hot performing bit confer while now and that's I believe personally a serum is oversold especially if you compare it to other cryptocurrencies now as we can see here there's some very drastic price movements occurring from time to time so

As an investor it's something you have to be aware of but I do think and it's just my personal opinion not a financial advice that the other trend should be up if you're looking at the long-term picture then under the actual news the

First one is about Bitcoin profit and the fact that it was pre mine so on 23rd of December coal metrics report has revealed that over 2 million Bitcoin profit tokens be TCP we're pre mind so that would break the supply of 21

Million to over 23 million so pretty significant difference now the become profit be TCP it's a fork emerged of Bitcoin and G classic which is a cryptocurrency with privacy features which in itself is a fork of Z cash now

A fork merge whether he combines two existing doctrines into a single chain and the aim of the big company so basically being a private bitcoin as the name plies anonymous cryptocurrency now on

The BDCP website it was stated that there won't be any prima and old founders reward however in the detailed report that the core metrics did it shows that there was in fact extra stalkers created and they were sold and

The total profit on that could be between one to three million u.s. dollars so a lot of money now the BTC P team responded that it in it hasn't it happened but they said it was basically an exploit and they don't

Know who did it uh-huh but interesting and they're trying to investigate and fix it now since then the team members had disappeared on the website now haven't checked it today maybe they're back on

There what of it it obviously didn't affect the price very well and it seems to be a pretty dodgy situation then have news about Raiden Network and the update where the 21st of December it was announced that the rating network red

Eyes was released on the Assyrian main network southern narrator so the radiant network management stressed that this is only a test version in the final version is not production already only but it's already on main network so it could kind

Of treat it as a normal version so the red eyes is the first version of the radiant network to exist on the syrian platform and it aims to have small contracts and the core protocol let's get tested on the main network to

See how it works now there are a lot of new features but some of them include opening topping up closing and setting and payment channels reading Explorer which is visualizing their life status of the network

Redesigned their interface and many many other smaller improvements now the radiant there Amy to fix the scalability issues on the serial which obviously exists as I've seen in the past and also include

Few other improvements not on the right-hand token hardly and it's around 200 place in terms of the model capitalization of a price of 25 cents now there is that the idea and itself is brilliant but the usage of the token is

Not not great so it's definitely a good project something to look into but you also have to be over how the writing Network tokens actually used don't have nice but general vision and the fact they have bounced foreign exchange

Market so all the in six of December Genesis vision managers have announced that Genesis vision will be granted access to the forex trading Forex stands for the foreign exchange market which is a global decentralized or

Over-the-counter market for trading of the different currencies like euro British Pound u.s. dollar the market determines a foreign exchange rate includes all aspects of buying and exchanging currencies at current or in

Determined prices now this has been provided by just to trade or mind limited by that I mean the Genesis vision functionality and there have heavy regulated forex broker not the Genesis vision manager can create

Account which provides access to no less than thirty three for experiment three different types of precious metals cryptos and few other options as well there's a token that supports the entire system GE T token and it's listed there

On 145th place on it with the price of over four dollars and the entire project seems to be delivering on the promises now whether they can actually find users that is another question but certainly a promising project anyway don't have news

About Stratus and they have three major updates on 27th of December shredders has announced release of this traitors side chains and smart contracts written in C sharp as a part of this release they launch also they serious side chain

That also supports smart contracts now what street is this they're providing a service of blockchain for business processes with the aim of reducing the complex ability abortion adoption and implementation they aim to provide block

Chains for companies and businesses basically a blockchain is kind of suited for different businesses now the new sites change they do have their own tokens CRS which are used for transacting on the side chain and

Provide cash for any smart contracts now they're actually pack straightest token at a one-to-one ratio now this is obviously a very major release for straightest and one that could lead the prize or colorist in

Straightest had me struggling even when I compare it to other outcomes of which obviously had been struggling as well it's around for this place for the current price around one dollar 20 cents but if they can find actual user users

And should save me go up they companies about ripple currently the second biggest cryptocurrency and the fact that violence has added tripled trailing pairs on 25th of December violence has announced the addition of XRP as a

Trading pair which means that it will now be utilized as a primary asset that can be used for purchasing other digital assets are actually listed on the finance platform now it is significant since it mark the first time the token

Has been added as a primary asset for other major crypto exchanged and the personal doubt are for now only Tron and Zeke home but if they're successful they were definitely be more Paris in the future now there was actually some

Controversy surrounding this since there are suggestions that people actually paid for the listings especially since each cerium was just doing name still out on the website and also they have something called bonus Academy where

They try to explain cryptocurrency and more detail and an article called what Israel has appeared and there is no article what is the theorem so there is controversy surrounding that but despite that I believe that ripple as a market

Is a good sign because that means there will be less connection to Bitcoin I think bitcoin is too important for the cryptocurrency world so that so the more alternatives we have to buy other cryptocurrencies that is cerium or even

Will be better then Havanese about pact which actually covered in separate video a while ago and also mentioned it several times in this series till now this is the first couple of race other they have completed so very first which

Actually today but has announced that they have completed their first round of funding of one hundred and eighty two point five million from 12 partners and I can see the full blog on the website but some of

The partners included Boston Consulting Group go change partners horizon's' ventures IntercontinentalExchange was actually running back other markers of the venture capital arm hunter capital pay you and protocol Ventures obviously

The full list on the website or backed is still targeting the release on 24th of January with Bitcoin being the first available asset with and potentially more cryptocurrencies being listed on the website as well they're aiming to

Provide new infrastructure including the industry's first institutional grade regulated exchange client and warehouse services for physical delivery and storage as well this is the first part they're also trying to provide real-life

Usage for cryptocurrencies and the futures or something long-term they have turned now the country waiting for the approval of the trading applications but the future back does look quite promising I mean I do have quite of hope

With this project so I hope they can pull it off as always thank you very much for watching this series I hope it was useful also Happy New Year since it's the time of recording for the 1st of December otherwise thank you very

Much for checking the video I love you Cheers

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