Cryptocurrency World

USD Coin. Gemini Dollar. Basis. If 2018 was the season of the so called stablecoin, or cost pegged cryptocurrency, then what would the new year bring? While its impossible to forecast the future with certainty, here are five hypotheses dependent on the Ledgers own expert tasseomancy.

• Here are our 5 predictions for 2019. - 1. Tether loses traction. For several years questions have swirled concerning the solvency of Tether, historically possibly the most famous stablecoin projects. Anticipate rival stablecoins out of the likes of Circle, Coinbase, Gemini, and other people to eat away at this monopoly Tether formerly enjoyed. Even when Tether doesn't go this way of Basis, which shuttered in this tail end of 2018, its prominence would probably wane as investors flock to surer vaults. Facebook mints WhatsApp coin. Facebook has been intrigued in obligations since it frees David Marcus from PayPal from the year 2014.
  Previously head of messaging products, Marcus led the media giants near blockchain initiative last year. Recent chatter suggests he's gearing up to prepare a WhatsApp established remittances product in India. Observing a 2018, a win could be used by the company. Regulators slap a big kahuna. Swings will be taken by the Securities and Exchange Commission. Maybe it'll deem XRP, the worlds second most precious cryptocurrency by market capitalization, to be an amazing security, wherein case it'll surely knock Ripple, the coins purveyor, with fines. Or perhaps the SEC will bring the hammer down on a cryptocurrency exchange to get failing to comply with anti money laundering and know your client laws.
  Well bet there are penalties from store to get more celebrities who pumped first coin offerings too. BlessUp - 4. Bitcoin Exchange-traded fund wins approval. As the industry matures, conditions are maturing for a Bitcoin established exchange traded fund, or ETF.
  Cooler heads square measure prevailing among retail investors, post bubble.
  Bakkt, a financial company brought to you by the people behind the NY Stock Exchange, is preparing for the introduction of a physically regulated bitcoin futures market, improving liquidity. A minimum of one SEC commissioner, Hester Pierce, has agitated to green light a Bitcoin ETF. Speaking of which, keep track of next months decision regarding VanEcks application.
  The hangover will last. Cryptocurrency prices won't reclaim their 2017 highs anytime soon. Global economic tensions, volatile equity markets, and also talk of a looming economic downturn dampen this investment prospects for such a dangerous asset class, at least in this near term. We'll highlight the best presentations in a newsletter to come. Thanks, as ever, for reading. GOT TIPS? Send feedback and tips to [email protected], find us on Twitter @FortuneLedger or email/DM me directly at the contact information below.

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