Giant electronic payment system provider to offer users of Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) and other digital assets in the Philippines the ability to purchase cryptocurrencies at around 6,000 retail stores in different parts of the republic.
Facebook, JPMorgan and Netflix are now in for the innovation game. Several giant institutions have entered the businesses related to blockchain and cryptocurrencies and this has given the industry a big boost. In the same sense, retail investors have also benefited since huge funds, derivatives plus many other monetary instruments are now accessible by the public.
For quite some time now, the off-the-exchange cryptocurrency market has been associated with major players and "whales," who closed deals worth hundreds of thousands or even millions of dollars. On the opposite side of the spectrum were OTC platforms designed for ordinary people, where users could buy or sell nominal amounts of cryptocurrency, $10 or so. But in this market there wasn't and still isn't to this day a happy medium, and its emergence, ICOBox experts believe, can drastically improve the entire digital currency trade and propel the industry to entirely new heights.
The prolonged bear market has left traders with no hope at all. Now it is highly probable that the Bitcoin price will sink further and go down to $3,000 or even less. However, Bitcoin seems to resemble a lottery ticket and one never knows what it can bring.
Five more university endowments have invested in digital currency funds, hinting that the crowd of institutional investors is finally starting to make at least a minute bet on the developing asset class.
US-based Walmart Inc., one of the world's biggest retail corporations, has purportedly been creating a Blockchain-based food security program in collaboration with IBM. Walmart will need all of its outlets which supply leafy green vegetables to note down their sales info on its proprietary Blockchain-activated solution by September next year (one year from now).
KDDI, a giant telecom and Hitachi, a Japan-based technology conglomerate, have begun testing a big blockchain-based system that can fix retail payments validated with the help of shoppers' fingerprints.
Exchange coins have enjoyed a tremendous amount of success in the crypto market during 2018. Led by the strong performances of Binance, Huobi and KuCoin, exchange coins have quickly become a must-have in a diversified crypto portfolio.