30 billion XLM allocated; 9 billion XLM in escrow.

The Stellar Development Foundation (SDF) has published a mandate that outlines its plans for future spending. SDF currently holds 30 billion Stellar lumens (XLM), an amount roughly equivalent to $1.3 billion. The company is tasked with spending those funds on growing Stellar — primarily in the areas of development and promotion.

On December 16, 2019, Parity Technologies announced that its Ethereum client, Parity Ethereum, would be maintained by a decentralized autonomous organization (DAO). Without the proper funding, however, critics pointed out that the project will likely collapse.

Stepping back even further, the move highlights the ever-growing divide between Parity and Ethereum ecosystem at large.

• Ripple has a bearish short-term and medium-term trading outlook
• The four-hour time frame shows that a bearish head and shoulders pattern has been triggered
• The daily time frame continues to show Ripple testing long-term trendline support

Ripple has moved to test long-term trendline support below the $0.20 level, following the heavy cryptocurrency market sell-off earlier this week. The XRP/USD pair continues to struggle to bounce from this key technical area.

Bitcoin is holding around $7,200 as the first digital currency searches for direction.

The top 10 altcoins are holding above long-term technical support, closely tracking the price movements of Bitcoin.

Bitcoin SV is a notable outperformer among large capitalization coins, while Matic Network is leading in the top 100.

Spark will compete with Ethereum’s similar web app.

Central Banks across the globe are considering their own digital currencies to contend with cryptocurrencies such as Bitcoin. In reality, these are far from implementation.

The U.S. Automated Clearing House system experienced an outage on Dec. 18 between 3 P.M. and 7 A.M. of the next day. Since the system handles the majority of domestic bank transfers, some in the crypto community were quick to point out that Bitcoin does not suffer outages.

Bitcoin stabilized above the $7,000 support level on Thursday, as the number one cryptocurrency continues to hold onto Wednesday trading  gains.

Altcoins moved into positive territory, with Maker, Waves, Ravencoin and Theta leading the advance.

The global peer-to-peer Bitcoin marketplace, Paxful, has revealed it processed almost $1.6 billion in P2P Bitcoin trades in 2019, representing a gradual uptrend since its inception in 2015.

Announcing its annual growth metrics on the same day as revealing the company’s historical figures dating back to 2015, Paxful has declared its intention to continue pursuing a brand of openness and transparency.

• Theta has a bullish short-term and medium-term trading outlook
• The four-hour time frame shows that a bullish inverted head and shoulders pattern may be forming
• The daily time frame continues to shows that a bullish wedge pattern breakout has occurred

Theta has recently been on the rise and posting impressive trading gains, trading counter to the cryptocurrency