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From a new prediction on how long the Bitcoin bear market will last up to a wild moon moon on Ethereum, here's a look at the stories that crash into the world of cryptography.
Bitcoin
Crypto Exchange CEO BitMEX says the current Bitcoin and Crypto Bear market could last another 18 months.
In a new interview, Arthur Hayes told Yahoo Finance UK
"My opinion is that the volatility environment that exists at this time could persist for another 12 or 18 months: flatness.
I'm just based on my previous experience. I started in Bitcoin in 2013 when the price went from $ 250 to $ 1300 and then from 2014 to 2015 was the nuclear bear market. The price has collapsed, the volume has crashed – very, very difficult to make money …
We think that trade volumes could fall further from where they are now. "
On the other side of the spectrum, Fundstrat's research leader Tom Lee recently stated that he believes Bitcoin may still be out this year.
Meanwhile, Mike Novogratz of Galaxy Digital predicts that institutional investors will trigger a reversal of Bitcoin's trend in the first quarter of next year.
Ripple
A new interview from the Money20 / 20 conference in Las Vegas introduces Ripple co-founder Chris Larsen.
Larsen talks about the regulation of digital heritage and the role of blockchain in transforming the way in which people and businesses assert themselves.
One of the largest resellers of financial derivatives in the United Kingdom has quoted XRP, Bitcoin Cash and Litecoin.
According to a press release,
"CMC Markets, one of the largest global online trading providers, has now expanded its bets on cryptocurrency spreads and contracts by difference (CFD) offering to include three additional coins: Bitcoin Cash, Litecoin and Ripple. on the three altcoins combined with the US dollar ".
Ethereum
The Ethereum ConsenSys development study has just acquired the asteroid mining company Planetary Resources.
One of the main missions of the company is "to identify and unlock the fundamental water resources necessary for human expansion in space".
The company's legal adviser, Brian Israel, says: "Ethereum's smart contract functionality is a natural solution for private order and space trade. – the only domain of human activity not ordered around territorial sovereignty – in which a wide range of actors from an increasing number of countries must coordinate and negotiate ".
EOS
State of the DApps has just released a report on the status of the latest decentralized apps on the EOS network.
From games to social media to trading, there are now over 100 DApp live on EOS.
IOTA
IOTA says it is working with the auto development company API High Mobility.
The company creates software tools that connect cars to the outside world and explore ways in which it can integrate IOTA distributed accounting technology into its platform.
Tron
Tron is working with JOYSO to create a decentralized exchange on the Tron network.
According to a new post on Medium, in a "recent collaboration with TRON, JOYSO will build the exchange with matching off-chain, an on-chain transaction in which users can exchange any token directly through their digital portfolios".
VeChain
The gambling platform blockchain Decent.bet has just been launched on the VeChain network.
And now we are officially live on our Closed Beta Mainnet – the first dApp on @vechainofficial blockchain!
A huge, huge thank you to all our supporters, to the wider community and to the participants themselves.# It's time https://t.co/SeI4wTpaPZ$ DBET $ vet
– DecentBet (@Decent_Bet) 1 November 2018
Decent.bet is designed to be a transparent and smart sports betting platform based on the contract and an online casino.
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Disclaimer: the opinions expressed in The Daily Hodl are not investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin or cryptocurrency. Your transfers and exchanges are at your risk. Any losses you could sustain are your responsibility. Please note that The Daily Hodl participates in affiliate marketing.
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