Top 3 trends of 2020 in the crypto currency world

 

Right like with any new industry, people always place their doubts and assumptions before deciding upon any new product or service. They need an assurity of the fact that same product would be worth their time and money.

We can take the real-life example of the well known iPhone brand that didn’t flair well at the start when people were more used to carry heavy and bulky phones. Things changed drastically ever since and now iPhone stands as the undisputed king of the high-end smart phone industry.

The same can now be said about the crypto currency industry that is grabbing all the eyeballs in the world around. A few years back, no one would have thought that a crypto currency like Bitcoin which many disregarded in the first place, would become the talk of the town amidst the ongoing recession due to Covid 19 outbreak.

Well, it's not just about Bitcoin and we can certainly witness a number of other crypto currency options like Ducatus coin, Litecoin, and ethereum around. That said; let's take a look at the current top trends in the Ducatus cryptocurrency world.

The halvening

The halving would surely be the most trending event in the world of crypto currency. Held previously on two different occasions already, the event witnessed the halving of the number of bitcoins rewarded to anyone for successfully mining a block in the digital ledger.

Although it sounds a bit dramatic at the first go, the event witnessed the price of bitcoin increasing many folds in the last two instances. Halving triggers the scarcity of bitcoin in the market that then brings up a supply-demand rule to surge the price of the same.

The launch of Libra

There have been some serious talks recently about the much anticipated Libra that comes over as an asset-backed stable coin by Facebook. Even though the crypto currency is not expected to get launched anytime sooner than the end of this year due to the COVID 19 outbreak, its already making some big news after getting the backing from big names like Vodafone, Uber, and Coinbase.

The much-awaited hook up of Crypto and Fintech

While a number of crypto currencies like Bitcoin, Ducatus coin and ethereum have already provided their customers with some add on options to trade and transact in other portals for their day to day needs, we can expect a giant hook up between crypto and fintech.

Gone are the days when Crypto currencies were only been used to trade and exchange. The currency world is witnessing crypto currencies like Ducatus coin offering their customers with world full of benefits apart from trading and exchanging the ducatus crypto currency.

People can now purchase their favorite accessories online and can even sip a coffee on the go at the nearby Ducatus café. Well, this is the kind of revolution that we can expect to witness with other crypto currencies too in the coming times.