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Will a new Ledger hardware wallet be announced on January 7th?

Crypto hardware wallet manufacturer Ledger have announced that they’re going to unveil some groundbreaking news next week.

A post on the Ledger Twitter feed stated: “We’ll have some exciting news to share soon – visit our website on January 7th.”

A new hardware wallet?

Speculation is already rife across social media as to what the announcement will entail, with many speculating a new hardware wallet is about to be released.

This claim is supported by the fact that the current Ledger Nano S and Ledger Blue models are selling for a 30% discount on their website. Retailers typically look to discount older models to clear out stock before a new product launches.

On Reddit, some users were speculating about Ledger possibly releasing a wallet with Lightning payment integration. However, this may be technically challenging due to the need for a routing node (as the funds need to be hot when inside a Lightning channel).

Ledger did mention in their post that despite the bear market of 2018, they have managed to reach the milestone of selling over 1.4 million Nano S hardware wallets, stating: “We look forward to building on this success and to keep optimizing the services our clients are currently enjoying. As announced in February, we are working on a mobile phone version of Ledger Live, which we are hoping to release in the first quarter of 2019.”

Nawaz Sulemanji

Nawaz has been hooked on crypto since buying his first Bitcoin’s in 2013. After studying maths in London, Nawaz initially spent the first eight years of his career working globally across corporate supply chain’s before transitioning into the decentralised finance industry as a margin-trader and consultant. He’s a fan of open-blockchains because “it enables self-sovereignty”.

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