Itโs here, finally HollaEx Kit 2.0!
Happy Lunar New Year ๐ the year of the bull! If you are superstitious, this year should bode well for markets and crypto projects alike.
For those that have been in crypto for a while, traditionally, the Lunar New Year brings great volatility to the crypto markets and we can say this year has stayed true to tradition. Thanks, Tesla!
It is worth noting, before Elon Musk decided to put Teslaโs balance sheet into BTC there was a notable Twitter engagement on the availability of liquidity in BTC.
Elon inquired โAre such large transactionsโฆ
โI skate to where the puck is going to be, not to where it has beenโ
โ Wayne Gretzkyโ
Itโs one of the most overused quotes in business.
Steve Jobs used it, Warren Buffet used it, and now, why not, weโll use it too.
So without sounding too clichรฉsโฆ let's go to where the puck is heading.
Just like in 2017 weโve seen a resurgence of crypto-based projects in 2020. Most of these projects have their own unique token, coin, or digital asset.
But here is where we see a major hurdle for these coin creatorsโฆ
Most of these newโฆ
Itโs here, finally HollaEx Kit 2.0!
Happy Lunar New Year ๐ the year of the bull! If you are superstitious, this year should bode well for markets and crypto projects alike.
For those that have been in crypto for a while, traditionally, the Lunar New Year brings great volatility to the crypto markets and we can say this year has stayed true to tradition. Thanks, Tesla!
It is worth noting, before Elon Musk decided to put Teslaโs balance sheet into BTC there was a notable Twitter engagement on the availability of liquidity in BTC.
Elon inquired โAre such large transactionsโฆ
Goodbye, 2020. It was good knowing you. Thatโs probably what youโd say to the past year.
2020 has been nothing short of a bittersweet symphony of challenging events and tough work for everyone. So to conclude the year, Iโd like to share my thoughts for the year and give a hopeful look into the future and a little on what bitHolla has accomplished.
Firstly the hard work of the bitHolla team and to the crypto industry as a whole and what was pulled off this year has been nothing but astounding. Hard work matters and we can see why Satoshiโฆ
Time moves quickly in crypto land. It is easy to get whiplashโฆ
๐ What feels like 6 months was actually ~3 which was when we posted our last newsletter. Since then a lot has happened and now it feels like we are entering a different crypto landscape! In this report, we will give our thoughts on the crypto industry and share bitHolla company updates for the last quarter!
To start, weโve seen a number of institutional plays from major names. First, Fidelity is expanding its crypto services with their recent trademark filing name โWise Originโ for what looks like yetโฆ
๊ฑฐ๋์๋ ๋ฌด์์ธ๊ฐ? ๊ฑฐ๋์๋ ํ๋งค์์ ๊ตฌ๋งค์๊ฐ ๋ง๋ ์ํ ๊ฑฐ๋๋ฅผ ํฉ์ํ๋ ๊ณณ์ด๋ค. ๊ทธ๋ฌ๋, ์ค๋๋ ์ ๊ฑฐ๋์์ ํฅ๋ฏธ๋ก์ด ์ ์ ๋๋ฌด ์ถ์์ ์ด๊ณ ๊ด๋ํ๊ฒ ๋ฐ์ ๋์ด ์ ๊ทผ์ด ๋ถ๊ฐํด๋ณด์ธ๋ค๋ ๊ฒ์ด๋ฉฐ, ์ด๋ฅผ ์ํด ๊ฐ์ ๋ ๊ธฐ๊ด๊ณผ ์ ๋ถ์ ์ฐธ์ฌ, ๊ด๋ฆฌ ๋ฐ ํต์ ๋ ์คํ๋ ค ๊ธฐ๋ณธ ์ธํ๋ผ๋ฅผ ์ ํด์ํค๊ณ ์๋ค๋ ๊ฒ์ด๋ค.
์ด ๊ธ์์ ํ์๋ ๊ฑฐ๋์์ ๋ํด ์๊ธฐ์ฝ๊ฒ ์ค๋ช ํ๊ณ , ์ค๋๋ ๊ธฐ์ ์ด ๋๊ตฌ๋ ์์ ์ ๊ฑฐ๋์๋ฅผ ๋ง๋ค๊ณ ์ด์์ด ๊ฐ๋ฅํ๋๋ก ๊ฐ๋ฐฉ์ ์ด๊ณ ์์ ๋กญ๊ฒ ๋ฐ๋๊ณ ์๋ค๊ณ ์๊ฐํ๋ ์ด์ ์ ๋ํ์ฌ ์์๋ณผ ๊ฒ์ด๋ค.
์ด๋ค ์ฌ๋์๊ฒ ๊ฑฐ๋์์ ๊ธฐ์์ ๋ฌป๋๋์ ๋ฐ๋ผ ๋ฌ๋ผ์ง์ง๋ง, ์ฒซ ๊ฑฐ๋์ ์์์ 1200๋ ๋ ํ๋ฆฌ์ ํ ๋ค๋ฆฌ ์๋ก ๊ฑฐ์ฌ๋ฌ ์ฌ๋ผ๊ฐ์ผํ๋ค. ํ์ง๋ง, ๋๋ถ๋ถ์ โฆ
๊ฐ์ํํ ๋๋ ์ํธํํ ๊ฑฐ๋ ์ด์ ๋ ๋ง์ ๋ถ๋ค์ด ์ด๋์ ๊ฐ ๋ค์ด๋ดค์ ๋ฒํ ๋ฏ ํฉ๋๋ค. ๊ทธ๋ ๋ค๋ฉด, ์ํธํํ ๊ฑฐ๋์์ ๋ํด์ ์ด๋ ์ ๊ฐ์? ๋จ์ ๊ฑฐ๋๋ฅผ ๋ ๋ ์ํธํํ ๊ฑฐ๋์ ์ค๋ฆฝ ์์ฒด๊ฐ ๋๋ฌด ๋์๋ ๋จผ ์ธ์์๊ธฐ ๊ฐ๋ค๊ณ ๋๋ผ์ค ์๋ ์๋๋ฐ์. ์ฌ์ค, ์ํธํํ๋ฅผ ํฌ์ ๋ฐ ๊ฑฐ๋๋ฅผ ํ๋ ค๋ฉด ๊ธฐ๋ณธ์ ์ผ๋ก ๊ฑฐ์ณ์ผ ํ๋ ๊ณณ์ ๊ฑฐ๋์์ธ ๊ฒ ์ฒ๋ผ ์ํธํํ ๊ฑฐ๋์ ์ค๋ฆฝ์ ์ํธํํ ์ฐ์ ์ ์ฒซ ๊ด๋ฌธ ์ค ํ๋์ผ ๊ฒ ์ ๋๋ค.
์ด ๊ธ์ ์์ฑํ๋ ์์ ์ ์ฝ๋ก๋19 ๋ฐ์ด๋ฌ์ค ๋ฐ ์ธ๊ณ ๊ฒฝ์ ์๊ธฐ๋ฅผ ๊ฒช๊ณ ์์ง๋ง ์ฌ์ค์ ์ด๋ก ์ธํด ๋์งํธ ํํ๊ฐ ๋์ฑ ๋ณด๊ธํ ์์ง์์ ๋ณด์ด๊ณ ์์ผ๋ฉฐ ์ด๋ป๊ฒ๋ณด๋ฉด ์์ต์ ์ฐฝ์ถํ ์ ์๋ ๊ธฐํ๋ผ๊ณ ๋ณผ ์๋ ์๊ฒ ์ต๋๋ค.
์ํธํํ ๊ฑฐ๋์๋ ์ค์ํ โฆ
The future is big business. We only need to look at the amount of crypto being locked up into DeFi indicating growing confidence in the crypto markets. The majority of these new projects are locking up assets within the ERC-20 realm (see figure below).
Busy BUIDLing. It has been no different for bitHolla with more XHT being locked up as more exchanges come online, the last two months have been revealing.
Weโve also run some user-testing experiments which have proven that there is a great need for easy-to-use and affordable exchange software that also allows for coin creation built rightโฆ
Crypto exchanges are the gateway to the crypto industry. Since the early days of Bitcoin, there has been a growing appetite for crypto exchanges in places where a large number of the population is unbanked
Just recently, the Indian supreme court lifted a ban on cryptocurrency trading while other reports show that 90% of the value in the crypto industry is in crypto exchange services.
While as of the writing of this how-to guide we are seeing economic issues due to COVID-19 yet crypto exchanges arenโt impacted, in fact, they are the least risky way to make a profit goingโฆ
Last March an insane amount of stuff happened, not just at bitHolla but around the world. From COVID-19 grinding all economies to a halt to mass liquidations cascades on crypto derivatives markets bringing BTC down to a low of $3,582, March will be remembered by all.
Even during this pandemic, we at bitHolla have had a fruitful month continuing to build future-proofing financial systems. Read on below for the summary of what happened last month.
The March bullet points: