In the Bitcoin world it is important to read the transactions and movements within this economic system. The first thing we can observe is a sustained growth of confirmed transactions of Bitcoins since December 2018, despite its decline in the middle of November; currently it has registered an average of 300,000 with few variations. In terms of mining activity, the hash rate indicates the unit of measurement of processing power of the Bitcoin network, which are the operations that are carried out daily, with calculations per second, these transactions have not been able to approach their August numbers last year when its highest peak reached TH / s of 51,165,065, currently the difference is almost 10,000,000 with certain peaks that raise it.
As news that has everyone excited, is the final launch of the Bakkt system of the ICE company, Intercontinental Exchange, as one of the most anticipated events this year. The CEO of the company, Jeff Sprecher, said that his team works day and night in every detail of this project, especially Bakkt CEO, Kelly Loaffler, both stated that the platform that will be dedicated to the encryption trade has presented multiple delays due to the deceleration of the cryptographic market and US policy, but it is expected to be released to the market by the middle of this year.
“It’s a bit of a moonshot bet and it’s been organized in a manner that is very different than the way ICE typically does businesses. Bakkt has its own offices, its own management team, etc. They’re well along in building out an infrastructure that I think you’ll see launch later this year,” said Sprecher.
The project has the backing of large companies such as Microsoft, Starbucks and Boston Consultancy Group (BCG) despite the massive slowdown in the encryption market and delays. This is a project that has attracted the interest of experts in the field of Bitcoin, this platform promises to involve blockchain and digital assets.
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