Some headlines news from today 18th january 2020 for the crypto ecosystem all around the world.
On Thursday, Coinbase added Matic Network (MATIC ), a layer-2 side-chain scaling solution for public blockchains, to its crypto custody platform, Coinbase Custody . MATIC joins 37 other digital assets on Coinbase Custody, including Bitcoin (BTC ), Ethereum (ETH ), Tezos (XTZ ) and smaller-cap projects like FOAM (FOAM ) and Loom Network (LOOM ).
A host of financial advisors and strategists have recently changed their advice for investors. Moving away from high growth vehicles, many now see dividend-paying stocks as the best bet over other investments like Bitcoin. Bank of America, UBS, Goldman, and others have all shifted focus.
The uncertainty in Bitcoin [BTC] price continues as Bitcoin continues to trade around the $8,800 to $9,000 area. The volatility in the market is high, and after the recent bull run, the bias is currently on shaky grounds. While the Price Action (PA) is unclear and some investors might look to FOMO into buying or selling.
Binance remains the biggest crypto trading platform in the world. Even so, it cannot rest on its laurels in the slightest. The new collaboration with Yahoo Japan’s subsidiaries is perhaps a sign of what is yet to come. Japan is a very prominent region for bitcoin and other cryptocurrencies.