“reHash” — Your Weekly Summary of Everything Important in the Crypto World — issue no. 12

This article was first published on Wanchain - Medium
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“reHash” — Your Weekly Summary of Everything Important in the Crypto World — issue no. 12

reHash issued for December 4th to December 10th

Welcome to the twelfth edition of reHash; some people’s favorite source of news (maybe?). What’s not to like? reHash provides all the informational nutrients that a healthy cryptocurrency organism needs. It does so in snack-sized bits of information that are easily digestible and will only steal a few minutes of your precious time. And since at crypto we love food-related stuff — Bon Appétit!

NOTE:
reHash is not intended to be original journalism. It is intended to be a brief summary of significant articles and events from the past week with links to the original sources. Sources will always be linked and credited. If you know any good newsletters or Twitter accounts which provide news we have been missing, please mention them in the comments!

ADOPTION

  1. Venezuela and Colombia together make up of 23% of P2P trading on LocalBitcoins; Russia is currently on the top spot; Venezuela has stayed second, while Colombia has jumped up to the third spot; rising inflation and economic crisis are possibly some of the reasons (nearly 20,000% inflation in Venezuela in 2019)
    SOURCE: 1, 23
  2. MicroStrategy has purchased another $50 million in BTC; company currently holds approximately 40,824 BTC worth approximately $744 million; they also have announced recently their plan to raise another $550 million to buy BTC using convertible senior notes to qualified institutions; meanwhile Citi has downgraded MicroStrategy’s stock to “sell” from “neutral”
    SOURCE: 1, 2, 34
  3. Tokenized stock of Tesla, Apple and Google now trading on Bittrex; Bittrex Global has launched tokenized stock trading; 12 different stocks will be tradable; they can be purchased with BTC, USD or USDT; they can be purchased in small fractions (starting at ...

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To keep reading, please go to the original article at:
Wanchain - Medium

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