Fed EX seeks to implement crypto universal standards, and Elon musk makes a one word tweet which affects the price of Ethereum, lets start the show.
Welcome back to crypto global news, thanks to tuning into today’s show – I am Edward, we would really appreciate it if you like, share and subscribe, enjoy today’s episode.
Rob Carter, the chief information officer of American delivery services company FedEx, has called for uniform standards in the blockchain industry, tech-focused media outlet Computerworld. FedEx together with two other major international delivery services firms DHL Express and UPS is a member of the Blockchain in Transport Alliance. Last September, the firm joined Hyperledger, an open-source project established to improve cross-industry blockchain technologies. The collaboration will purportedly enable the company to build blockchain-based industry-grade applications, platforms and hardware systems. What will the future of blockchain look like with major companies calling for standards in blockchain?
Nike, the United States footwear and clothing behemoth, has recently joined the ranks of mainstream corporations that are considering entering the field of cryptocurrencies, currently spearheaded by the likes of Facebook, Samsung and Starbucks. A document filed with the U.S. Patent and Trademark Office surfaced online last week, revealing Nike’s intention to launch “cryptokicks” — which appears to be more than just a new line of sneakers. Notably, the corporation’s filing mentions crypto wallets (both software and hardware), “downloadable mobile applications for providing access to crypto collectibles, crypto art and application tokens,” as well as an online marketplace featuring footwear and clothing as potential use cases. What does the future of cryptocurrency and nike look like in the world of blockchain?
The United Arab Emirates has been the world’s biggest contributor to crypto token sales so far this year, according to data recently released by CoinSchedule. More than 25% of funds raised since the start of 2019 have come from the Gulf nation. The Cayman Islands came second with Singapore third. While the United States has long dominated token sales, the data shows it has fallen to sixth place in terms of the funds raised since January. The UAE’s surge in crypto investments has been sudden, as the state did not even feature in the top 10 countries for digital token sales in 2018. If the UAE is really leading the way in so far as crypto investment, how will this affect not only the UAE but the planet more generally.
Elon musk is back in the crypto news – In a one-word tweet, he single-handily drew in the entire crypto community to his thread. The Tesla CEO simply said “Ethereum.” after he sent out the tweet, the ETH price started moving upwards albeit briefly. This may have just been a bit of fun by Elon Musk, but a question that is often asked is which crypto or cryptos does he support? Only time will tell.
Fundstrat Global Advisors founder Tom Lee has predicted that cryptocurrency prices will hit new historic highs by 2020. Lee delivered his comments during an interview with CNBC in recent days. In the interview, Lee forecasted that bitcoin has not completed its upward movement and will likely reach new all-time highs around 2020 based on 1 signs that historically only take place in a bull market. If this is true, how many more people will enter the crypto market?
Many thanks for tuning into today’s episode, please make sure you like share and subscribe, For crypto global news I’m Edward, until next time you take it easy.

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