You can read more about all of today's major news headlines with links to all sources here: www.quantamize.com/Blog/Blog-Article/ArticleID/2284/crypto-news-cryptos-catch-bid-new-year-trading-ethereum-regains-top-altcoin-jan-02-2019
Crypto Market Recap:
Cryptocurrencies caught a bid in New Year's trading, although Bitcoin (BTC) lagged the broader market, up just 0.3% since Monday's close to $3,843.71.
After rallying 87% from a low of $83/token on December 15th to $149/token in today's trading, Ethereum (ETH) has retaken the position as the crypto industry's largest altcoin.
Crypto Developments in Financial Services:
Saud Arabian Customs authorities successfully completed a pilot that links its cross-border trade platform with IBM and Maersk's TradeLens blockchain platform.
General Crypto News:
"Few tangible uses for Bitcoin (BTC) and its underlying blockchain technology have emerged," said the Wall Street Journal in its recent article, "Crypto's 2019 Goal: Technology People Can Use".
The Massachusetts Institute of Technology (MIT) Technology Review published an article Wednesday arguing that 2019 will be the year that blockchain technology becomes normalized
DDM.com Ltd., a Japanese e-commerce giant, announced that it will shut down its cryptocurrency mining business due to falling profitability.