Future

A wave of screaming headlines marked a promising start of the new year as blockchain-based services' ongoing popularity made a swing and started to rise again.

Following its unsuccessful attempt to break the psychological price level at $40,000, BTC price is now confined in a tight price range. The king coin is fluctuating between $34,500 and $38,000.

Since November 24, buyers have been able to sustain the upside range between $560 and $620. Recently, Ether retraced to the support at $565 and has resumed upward.

Since the advent of cryptocurrency, the digital payment world has become very diverse. New forms of digital currencies are being developed every now and then. One of the latest developments include social tokens, a form of digital assets that are backed by the reputation of the community, the creator, an individual or a brand.

Jack Dorsey, the co-founder and CEO of Twitter, has recently revealed that the company has created a special team who will be working on designing a public blockchain platform and open Twitter protocol, calling it “a future” for Twitter.

Banks have a different perspective and vision when it comes to blockchain. Some banks support this groundbreaking technology, some are still lagging behind and redundant, and others are still against it.

Although leading DeFi platforms have attracted billions of U.S. dollars for liquidity pools, they still leave a lot to be desired.

The privacy offered by Monero is putting this cryptocurrency in trouble by raising more regulatory concerns among financial watchdogs.

The financial technology (fintech) industry has seen a significant boost in terms of innovations. The most important technology is considered to be blockchain. However, some community players doubt that this tech is actually the saturation point of fintech.