In today’s cryptocurrency news, one of the hottest topics is the one where the cryptocurrency IOTA has officially announced its compatibility with the popular hardware wallet Ledger. According to the news, the IOTA coin holders will be able to store their coins (MIOTA) on the ledger Nano S device.
The press release that was published on IOTA’s blog detailed the new partnership, stating:
“[T]he Ledger hardware wallets integrate with the IOTA Trinity and Romeo Wallets and isolate user’s seeds (the key for their account) from their computer or smartphone, providing another layer of security from hackers.”
The CEO of Ledger, Eric Larcheveque, further explained that “providing the highest level of security and quality is a major focus at both Ledger and IOTA.” Currently, we know IOTA as an altcoin that aims for scalability and free transactions, as well as application in the Internet of Things (IoT) field.
Meanwhile, MIOTA is a top twenty cryptocurrency by its market cap. Running on a technology called “Tangle” which is quite different from blockchain, IOTA has fully explained how its technology works and what the Tangle is all about – in a separate blog post.
As seen in one Reddit discussion back in May this year, IOTA holders have been waiting for this type of compatibility for months. They have been using hardware wallets (such as the Nano S) to store their assets offline and prevent them from being stolen (online).
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“The acceptance of Block.one’s tender offer reflected a decision to rebalance the portfolio to maintain an appropriate level of diversification after the position increased due to its substantial outperformance relative to the remainder of the portfolio,” Novogratz then said.As the filing shows, Galaxy Digital Bank can attribute much of this loss to its principal investing and trading businesses, presumably due to the fact that November and December saw Bitcoin and many other coins falling to fresh lows, as the altcoin news showed. The filing notes that Galaxy Digital Bank is primarily founded by Novogratz's wealth, 20% of which is purportedly invested in Bitcoin and Ethereum. Even though the company lost $272.7 million in all of 2018, much of the losses were incurred as a result of sale of cryptocurrency. One Twitter analyst also went in detail on this. https://twitter.com/zhusu/status/1126394118093950983 However, this is not the end of Novogratz & co. The report revealed that as 2018 ended, Galaxy Digital Bank owned $350 million of assets, 50% of which constituted equity/stake in prominent industry startups. More importantly, Galaxy Digital announced the launch of another fund (rumored with hundreds of millions in funding) which will loan out capital to cryptocurrency firms - a business which has boomed during the 2018 bear market - as the latest cryptocurrency news show.
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“BSV doubled on Craig’s copyright news. This is only the start of him proving BSV is the only bitcoin. Now is a great time to convert all your other shite coins to Bitcoin.”However, as reported in the latest cryptocurrency news, the copyright does not entitle Craig Wright with any exclusive rights on Bitcoin. It seems as the big pockets are pouring and pumping the Bitcoin SV market to confirm the ‘’we-are-the-best’’ slogan. A massive 200 price surge is one of the reasons why traders should restrain themselves from buying the high or the lower lows. The Bitcoin SV (BSV) price corrected up to 53 percent before establishing a historic high at $195 on Huobi. The market bias is currently bullish and the majority of the technical indicators signal the strong buying sentiment. With the flawed fundamentals, a dump right now should not surprise the market.
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