5 News, Crypto highlight of the Week

Near the end of the week we can analyze the behavior of the criptomercado the past few days. For this, we will use the news crypto more prominent during the week, observing the way the changes in the market.

Contents

LGBT Token. What is this project?

Starting this summary of news crypto with a unique project. We refer to a token that is associated with a complex movement, being the LGBT. The article explains that the token was born as a tool to defend the ideals of that movement, raising the values of equality, respect and tolerance. It is interesting because his confidence lies not in the token or an asset as such, but in the ideals it represents and defends. It should be noted that a token of this style and qualities is quite unique and strange.

Bakkt confirms launch of future of Bitcoin cash-settled

We continue with a story if it is well associated with Bitcoin, it is not about crypto. We refer to the derivative of the same, being the Future of Bitcoin, by their representative, more fair, Bakkt. In the article we present a new mechanism with the Future of Bitcoin, which now can be settled in cash. Explains the procedure and ways to proceed in order to implement such procedure. In addition, we note that this news involves a progress in this financial asset, giving way to improvements of this particular market.

Singapore will trade derivatives for Bitcoin

Keeping the theme of the derivatives of Bitcoin, we bring a positive news for the market. On this occasion we exposed the fact that Singapore decided to accept the derivatives of Bitcoin, allowing transactions in their entirety. It is encouraging news for the platform that have opted for this financial asset, particularly Bakkt who has insisted for months.

Binance purchase WazirX, the exchange leader of India

The next actor to lead the news crypto is one that competes with Bitcoin to be the face of the criptomercado, being Binance. On this occasion we present a strategy that Bill Gates would approve of, being buy to the competition. In the article we set forth as the exchange with the greatest efficiency in the world has decided to acquire the exchange leader in India, being WazirX. We can observe that Binance is expanding its reach to the global level, seeking to maintain its position in the front of the market exchanges.

The united states raises a crypto dollar

Finally, we find a story that falls in the theoretical field, since they are only assumptions and ideas. We finished the summary of news, stressing that the U.s. Federal Reserve seems interested in releasing their own CDBC. We emphasize that only been interested, therefore, there is no plan on crypto for now. In the same way it is shocking to consider the character, given that at some point he rejected deeply to the crypto and everything associated with it. The following two tabs change content below. I am a student of economics, interested in innovation and technological development, always faithful to that tomorrow will be a better day.

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