Each Sunday, we breakdown the most important news from the past week for SludgeFeed Premium members with key takeaways you might’ve missed.
Here’s the Week in Review:
According to the announcement, 1 BTT was priced at 0.00001824 BNB or 0.00447261 TRX, meaning that 1 BNB could buy 54,824.56 BTT, while 1 TRX could buy 223.58 BTT.
BTT’s trading volume surged the first day it was available for trading on Binance.
This interest could soon hit new levels after a tweet this week by Litecoin (LTC) founder Charlie Lee revealed the altcoin is now focused on adopting Confidential Transactions for enhanced fungibility.
Lee recently clarified further, stating, “Litecoin dev team spent hours discussing how to add Confidential Transactions. The way to do a soft fork CT is very similar to doing extension blocks and extension blk may be simpler and can do a lot more. We are now also exploring doing bulletproof MimbleWimble w/ extension blocks.”
According to a report published on Tuesday by Bloomberg, which cites several individuals familiar with the matter, Bitcoin custody will be the first of many crypto products made available for large investors like hedge funds. The insiders indicated that Ethereum (ETH) custody is expected to be next.