From the case for Bitcoin’s use as digital gold to Ethereum’s Constantinople upgrade, here’s a look at some of the stories breaking in the world of crypto.
New market analysis shows more than half of Bitcoin’s supply hasn’t moved in a year.
According to crypto research firm Delphi Digital, the growing number of investors who are “hodling” their Bitcoin indicates the market may be near a bottom.
“In the second half of 2018, the 1 year UTXO band began to exhibit a positive growth trajectory directly in tandem with the 1-2 Year band as older UTXO bands remained flat. We’re seeing an accumulation process now similar to the one at the end of 2014. This would imply a bottom is in sight.”
In addition, the number of investors who haven’t moved their BTC in more than five years has reached 20%. That means more than 4 million Bitcoin could be stashed away for good, lending support to the argument that Bitcoin could emerge as a new form of increasingly scarce digital gold.
The Ethereum-based development studio ConsenSys has released a detailed look at the upcoming Constantinople update.
The post examines the coming change to Ethereum’s block rewards, which will be lowered by a third on January 16th.
Ripple and XRP
Ripple is looking for an IT support specialist. The San Francisco startup now has a total of 37 job openings.
Meanwhile, XRP is now available on GB Exchange, a subsidiarity of the Gibraltar Stock Exchange. The platform launched in July after raising $27 million in funding.