IOTA has reportedly developed a plan to decentralize its network by eliminating the coordination node. This part of the IOTA Tangle is currently responsible for ordering transactions, but it poses a number of problems. IOTA has already started the process and intends to remove this node from the network next year.
This year, several stablecoins (Circle USD, Gemini Coin and PAX) have been listed on major cryptocurrency exchanges. For the first time since 2014, investors in the digital asset market have access to verified, backed and regulated alternatives to Tether (USDT).
Bearish pressure may resume with renewed vigor, which will lead to new annual lows. But for now the market is trying to consolidate at current prices.
Yesterday, Lenovo Global Technology Russia and the CIS and Azintelecom presented the first corporate blockchain platform. The state telecommunications company Azerbaijan International Telecom (AzInTelecom) is switching to blockchain data storage systems.
According to a recent Facebook post, former Ukrainian Prime Minister Yulia Tymoshenko, who is currently campaigning for the presidency in the March 2019 elections, wants to fight corruption using blockchain.
The consequences of the prolonged bearish trend are beginning to bear fruit. Last week, the core Ethereum Classic development team, ETCDEV (Ethereum Classic Development Company), announced that it would cease operations.
Is yesterday's breakout a continuation of the downtrend? How soon will the annual minimums be updated?
According to a post by Gemini CEO and co-founder Tyler Winklevoss, the exchange released the Gemini mobile app for iOS and Android on December 11, 2018.
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