Introduction
The crypto market is still in a state of flux. It’s hard to say if we’re coming out of the bear market or if we’re just crawling our way out of it. However, there are signs of life within the cryptosphere and that’s good news for everyone involved in this space. Here are some recent developments:
Ethereum on the way to $20,000?
Ethereum is currently trading at $245.40, having dropped from its all-time high of $1,400 in January 2019. This is due to a number of factors including:
- The Ethereum blockchain is not equipped to handle the amount of transactions that bitcoin can handle. Cryptocurrency traders are looking for alternatives (see below).
- There are many projects on Ethereum that are still not fully developed or require improvement before they can be successful. For example, one project called Catena has been struggling with scaling issues for years now and has yet to attract a large user base despite being one of the first DApps built with Ethereum’s ERC721 standard which would allow users to purchase collectible items from NFT marketplaces such as OpenSea or RareBits without having any account setup whatsoever.(It’s worth noting however that this issue may be resolved soon because the team behind Catena recently released their own version 2 where it seems like they have finally figured out how to scale up their application.)
Crypto wallet users can now buy and sell bitcoin with cash instantly across the US.
Coinbase has launched a new service called Coinbase Instant. This new service allows users to buy and sell bitcoin with cash instantly across the US. Add Me To Search
Coinbase Instant is only available in the US and requires you to be a verified user in order to use it. The platform offers instant access to your funds, but at the same time, you will need to pay an additional fee of 1.5% on top of your transaction value.
This service is currently available in all 50 states and territories of the United States, including Alaska, Hawaii, Washington Dc and Puerto Rico.
Monolith DeFi Visa Card Ready to Launch in April
The Monolith DeFi Visa Card is now ready to launch in April. This debit card can be loaded with your crypto and used anywhere Visa is accepted, making it the first NFT-backed debit card in the United States.
The Monolith DeFi Visa Card will be available to US residents who are at least 18 years old, as well as residents of other countries that allow cryptocurrency purchases through ATM withdrawals and point-of-sale transactions (such as Australia). Users can load their Monolith DeFi Visa Card with Bitcoin (BTC), Ethereum (ETH), or any ERC20 token listed on Compound—a decentralized protocol for earning interest on crypto assets by lending them out or staking them—and spend those cryptocurrencies anywhere that accepts regular credit cards.
New Partnership Could Be Huge Development for Ethereum
In a partnership that could be a major step forward for Ethereum, the Ethereum Foundation has joined forces with Microsoft to develop a new decentralized identity platform called the Ethereum Identity Hub. The project will be powered by an Ethereum-based identity protocol that can be used by any organization or application.
This new protocol will allow users to take full control of their own digital identities and choose which information they want to share and who they want it shared with, ensuring greater privacy and security in all digital transactions. The idea is that this will make blockchain technology more desirable for everyday use because people won’t have to worry about losing control over their personal information when it’s stored on blockchains instead of centralized servers.
Bakkt makes another move into the crypto debit card industry by acquiring Bridge2 Solutions.
Bakkt has made another move into the crypto debit card industry by acquiring Bridge2 Solutions, which specializes in building crypto-centric payment solutions that focus on both cryptocurrency spending and other more traditional payments.
Bridge2 Solutions will continue to operate as an independent company, with its co-founder and CEO Brian Crain joining Bakkt as chief technology officer for the company’s global payment business.
Crypto’s latest craze is about to reach new levels of craziness.
So, what’s the big deal? What makes NFTs so special that they’ve become the hottest thing in crypto? The answer is simple: They’re taking over.
Now more than ever, it’s clear that NFTs aren’t just a fad or a trend—they’re here to stay. It feels like everyone wants one, and with good reason: They’re one of the biggest ways you can get paid for doing what you love.
And best of all? You don’t need any special skills or backgrounds to make money from them. No matter who you are or what your interests are, there’s an NFT market out there waiting for you!
The cryptosphere is still well and alive, but for how much longer will we use the term cryptosphere?
The cryptosphere is still well and alive, but for how much longer will we use the term cryptosphere?
As you may know, the cryptosphere is a term used to describe the space where cryptocurrencies are traded, exchanged and transacted. It refers specifically to an ecosystem that is generated by different technologies, platforms and applications in which crypto assets (like crypto coins) can be transferred from one party to another. The word “crypto” means secret or hidden; therefore, when people mention “crypto economy” they are referring to any financial activity performed using blockchain technology or cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Neo (NEO), Stellar Lumens (XLM) etc…
This ecosystem has been around since 2009 when Bitcoin was introduced during its initial launch as an open source software project called “Bitcoin: A Peer-to-Peer Electronic Cash System” which allowed users across the globe transfer value without going through traditional banks or centralized authorities like governments or banks.
Conclusion
We’re not sure what the future holds for crypto, but the one thing we can say with certainty is that it will be exciting and unpredictable. Whatever happens to cryptocurrencies in 2019, it’s clear that they are here to stay — but how long until they leave our imaginations behind? The cryptosphere may be a thing of the past soon enough, but for now at least we can still enjoy its colorful history!