[ad_1]
From the new analysis of the Bitcoin and Crypto Bear market to the true value of XRP, here are some of the stories that open up in the blockchain world.
Bitcoin
A senior Bloomberg Intelligence analyst states that the price of Bitcoin will probably fall further before a rebound.
According to Mike McGlone, unless a major unpredictable event occurs in the cryptosphere, all indications indicate that the BTC will drop to $ 1,500.
"There is little to prevent the faded bitcoin prices reach the continuous average of $ 1,500".
On the upside, McGlone sees a general positive trend in the market.
"But the trend of this year is clearly sustainable – it is a positive trend, with lower prices, lower volatility, reduced speculation and a preponderance of stable currencies."
Ripple and XRP
Ripple has released a new cut of the interview with Ethan Beard, the leader of the company's investment arm, Xpring.
In this interview extended by the latest Ripple Drop, @ethanbeard gives a more in-depth look #Xpring and what types of projects the initiative is looking at now and in the new year. https://t.co/qY9nY2SX8n pic.twitter.com/6hM3fMnL8t
– Ripple (@Ripple) 5 December 2018
Meanwhile, Forbes decided to update the current XRP supply on its tracker price. The total amount now includes the 55 billion XRP owned by Ripple, which bring the total market capitalization of XRP to around $ 33 billion. In contrast, XRP's current market capitalization on CoinMarketCap, which lists the outstanding 40.3 billion XRP offering, is $ 13.7 billion.
@Ripple We have updated the circulating supply for #XRP on https://t.co/bvxSlP8wMo
– Forbes CryptoMarkets (@ForbesCryptoMkt) December 4, 2018
Ethereum and Tron
There is no love lost between the creator of Ethereum Vitalik Buterin and the founder of Tron Justin Sun.
The two continued a long battle of words on Twitter this week, while both of their platforms pushed for market dominance.
Heuristics # 103: Anyone who puts a dollar sign followed by a ticker symbol in their tweet is basically a self-identified shill and is not worth listening to.
– Vitalik non-donor of ether (@VitalikButerin) 2 December 2018
We can talk about the dollar symbol after the day #ETH reaches 2 million Tx a day, which I think will never happen. 😊#TRON https://t.co/MnnSFBPtZx
– Justin Sun (@justinsuntron) 3 December 2018
NEO
NEO has released a new document explaining how the platform plans to further decentralize the network.
"The governance of the NEO network currently consists of two methods: on-chain governance and off-chain governance.On-chain governance is the election through the votes of the NEO holders, while the off-chain governance depends on the 39. election through the support of the NEO Foundation.
In the short term, the NEO Foundation will focus on promoting decentralization through off-the-shelf governance. The goal is to speed up the decentralization process in an orderly way by delegating consensus nodes to reliable and reliable parts "
As an important step towards the decentralization of the network, #NEO has issued the candidate electoral criteria and programs to host the NEO consensus node! ⏰ #consensusnode #decentralization
You can find the details via the link below, https: //t.co/IxkGTGMvDW– NEO Smart Economy (@NEO_Blockchain) 5 December 2018
dwarf
A new video showing the speed of Nano turned to the top of reddit / cryptocurrency. Show the user who is completing a payment in about five seconds.
IOTA
The IOTA Foundation says it is collaborating with eCl @ ss to standardize and simplify the communication used through devices connected to the Internet of Things (IoT).
"ECl @ ss has set standards for the classification and description of devices connected with a worldwide consortium of leading companies including Lufthansa, Siemens, Staples, PBS Network and Medtronic.The standardized catalog of the organization allows companies to quickly introduce reliable identification and simplified communication between IoT devices, while reducing costs associated with device management. "
Join us on Telegram
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, cryptocurrency or digital assets. Please note that your transfers and operations are at your own risk and any losses you may incur are your responsibility. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital assets, nor The Daily Hodl is an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Check out the latest news
