Ethereum gets human-readable addresses, Goldman Sachs predicts further downfall of Bitcoin, ICE launches the biggest crypto service ever existed, crypto is one step closer to legalization in Thailand — all in this weekend digest
- Coinbase considers adding more crypto assets to its Custody service. Among these assets are NEO, DASH, XRP, XMR, ONT, ICX, QNT, unreleased Telegram token and even DOGE. Adding these currencies to Custody doesn't mean they will be available for trading on Coinbase.
- In a report for its clients, Goldman Sachs states that the price of Bitcoin will keep falling. Among the reasons for this decline, Goldman names the inability to be a store of value, a medium of exchange or a good unit of account.
- Ethereum will get human-readable addresses. Minds + Machines Group Limited (MMX) will make it possible. All Ethereum holders will be able to register their name under .luxe registry and link it to their wallet. These name will be usable for all smart contracts and DAPPs.
- ICE, the owner of the New York Stock Exchange and dozens of other exchanges, launches Bakkt — a service for institutional investors. Bakkt is aimed to work with big companies, like Microsoft and Starbucks, to help them integrate crypto easier. After launch it will offer physically-settled bitcoin futures and a custodian service for their clients.
- Coinmarketcap starts accepting new tokens as a payment for ads. Before that it only accepted BTC and ETH, now anyone can pay with Kind Tokens, belonging to a project Kind Ads.
- IOTA Foundation is launching IOTA Hub, a solution for easy IOTA integration. Currently, it's a very sophisticated process for any exchange, due to IOTA , and IOTA Hub will provide a simple API to make the integration as smooth as possible. It will allow many new exchanges to list IOTA.
- The Bank of Thailand allowed all local banks to issue, buy and sell cryptocurrencies through subsidiaries. However, any crypto payments are still prohibited, and banks can do these operations for their clients.
- Binance CEO Changpeng Zhao tells that he doesn't want competition with Coinbase or Gemini. He thinks that crypto is yet very immature and it's better to cooperate instead of competition because every player contributes to the growth of the crypto-verse. Also, he says that Binance is keeping a good relationship with Coinbase.
- Bitcoin's dominance climbed to nearly 50%. This is the first time since December when its dominance over the whole market is so high.