2019 is well and truly in the books, and the "Crypto Predictions for 2020" editorials have long since flooded email inboxes, blogs and forums. Don’t worry, this isn’t one of those. Instead, we want to cast our gaze back over the preceding 12 months and recap several fascinating events and trends that occurred. Whether you missed them the first time around or need reminding about their newsworthiness, you’ll want to read on.

1) The Crypto Credit Bubble

Back in October, a group of former Wall Street traders cast a pall on the success of crypto lending companies by predicting that the $5 billion crypto loan bubble was set to burst. Concerns centered around a lack of regulation, cheap credit and blind faith in the market’s strength. The growth of decentralized finance (DeFi), with its emphasis on open-source projects and accessible finance for all, undoubtedly ties in to this fear, not least since DeFi has grown by over 300% in the past year.

But while greed was largely responsible for the financial crash of 2008 (as well as the ICO slowdown), there are greed-free initiatives flourishing in this space. Cred is just one example. The decentralized global lending platform, which is affiliated with the Universal Protocol Alliance and headed by ex-PayPal Holdings Inc (NASDAQ: PYPL) exec Dan Schatt, prides itself on its comprehensive regulatory and compliance framework. Last summer, Cred partnered with Bitcoin.com to give customers the opportunity to earn interest on their digital assets.

2) Libra In Limbo

Facebook Inc’s (NASDAQ: FB) much touted Libra stablecoin was formally announced in June, but was soon enveloped in a tsunami of regulatory red tape, leading to a Congressional moratorium and a mass exodus of companies from the Libra Association – not least PayPal, Visa Inc (NYSE: V), eBay Inc (NASDAQ: EBAY) and Stripe. What happens next is anyone’s guess. In the meantime, alternatives have come to light.

The aforementioned UPA’s Universal Dollar and Saga’s SGA token, which launched in December, are among them. The latter is a stablecoin initially backed by a basket of national currencies (mimicking the IMF’s SDR basket), and given that Saga’s advisory board includes luminaries like Professor Jacob A. Frenkel, PhD, chairman of JPMorgan Chase International, it’s definitely one to watch.

3) One-Year Anniversary For RSK Infrastructure Solutions (RIF)

December marked the one-year anniversary of RSK Infrastructure Framework Open Standard (RIF OS), based on the first open-source smart contract network secured by the Bitcoin network. This stack of decentralized finance components enables developers to import, create and deploy their EVM based dApps, and pulled off a major coup in 2019 by acquiring leading Hispanic social network Taringa.

RSK’s SmartBitcoin is pegged 1:1 with BTC, and there’s also a BTC-collateralized stablecoin under the company banner, with libraries, a decentralized exchange, lending protocols and insurance rounding out the stack. With the permissionless of open finance and the security of Bitcoin’s proof-of-work, RSK is building a robust defi ecosystem with a myriad of real world applications.

4) Tron Joins Forces With Samsung

Tron solidified its status as a top-15 crypto asset – as well as one of the most liquid by volume on many global exchanges – in the past 12 months. It also struck a landmark deal with Samsung, with the tech giant integrating Tron’s TRX cryptocurrency with its Blockchain Keystore. What’s more, the link-up allows users of newer Samsung handsets to use TRX to purchase decentralized applications built on the Tron network.

With blockchain-based content sharing platform DLive having commenced migration to the TRON blockchain at the tailend of 2019, the next 12 months are shaping up to be interesting for Justin Sun’s company. Are you really surprised?

5) Crypto Platform Sponsors Premier League Team

Newcastle United’s decision to partner with crypto trading platform StormGain, which saw the company logo appearing on the sleeves of all 2019/20 shirts, reflected a recent trend: the season before, Wolves had sealed the first ever sports sponsorship deal involving a crypto platform, namely CoinDeal. In any case, partnering with the Magpies was quite a coup for StormGain, who only launched last summer. The margin trading platform lets crypto newcomers buy or trade the most popular and capitalized coins, with up to 150x leverage and trades denominated in tether (USDT).

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