There is also news that Goldman Sachs will enter the consignment business. It is likely that existing financial institutions will continue to participate in the market this year.
On the other hand, I want you to think about whether the fees of domestic cryptocurrency exchanges are reasonable. As the market size has grown and accessibility has improved, it seems time to start worrying about transaction fees.
The total market capitalization of the Korean stock market is 2366 trillion won, and the total market capitalization of cryptocurrency is 1100 trillion won, which is a similar market size. However, the current fee is more than 10 times apart. Why is that?
Cryptocurrency transaction fees need to be reasonably considered in terms of market size and accessibility. Cryptocurrency traded 365 days a year, 24 hours a day, without borders. Now, it would be nice to organize the fee issue from a big perspective.
Dan Larimer, one of Ios’ central figures, has left Block One. There are also reactions that “I knew that” because they were originally free-spirited and their resistance to regulation was a trademark. It is the opinion of the community that as the head of a large project, he left in an inappropriate way. That disappointment led to the decline in EOS. Investors who have been active in the EOS community for a long time also seem to have a serious impact. Please read the article titled “The Reason He Left” for the reaction of investors.
Bitcoin and dollar decoupling is becoming more pronounced. As the dollar’s competitiveness weakens due to the economic stimulus from the Corona 19 pandemic, Bitcoin, which is in the spotlight as an alternative asset, is gaining reflective profits. What should I look for in the future price outlook?
This is a disagreement with the US Securities and Exchange Commission (SEC) that Ripple is a securities. Japan also admitted that Ripple is a currency, not a stock. How will it affect Ripple’s future?
Contrary to its reputation as’digital gold’, Bitcoin’s market capitalization is still insignificant compared to gold. However, unlike gold, Bitcoin has a higher price flexibility. What will be the future of Bitcoin as digital gold?
Wall Street analysts gave a positive analysis of PayPal, which sparked the rally when it declared cryptocurrency transactions last year. PayPal’s target price was also raised one after another. The analysis shows that PayPal’s clever choices increase the company’s sales by $2 billion over three years.
Large US banks such as JPMorgan and Citigroup are immersed in the digital asset market in some form. The US Currency Supervisory Service (OCC) also opened the door to the possibility of using stablecoins and operating nodes. It seems that Goldman Sachs has finally launched a business card in the virtual asset market.