Bloomberg says Bitcoin is ready for a big break, plus ripple and XRP, Tron, Stellar, Ethereum, Litecoin, Bitcoin Cash, IOTA: Crypto News Alert

[ad_2][ad_1]

From a potential seismic shift in the price of Bitcoin to the debate about the fact that XRP is a security, here is a look at some of the stories that break in the world of cryptography.

Bitcoin

A technical indicator indicates an imminent and significant shift in the price of Bitcoin.

The GTI VERA Bands indicator shows that Bitcoin could be on the edge of a big move, according to Bloomberg. It remains to be seen if the move is above or below the BTC key level of $ 4000.

Travis Kling, founder of Crypto Hedge Fund Ikigai, says he doubts that Bitcoin has found its fund.

"It is unlikely that the fund will be part of Bitcoin, I am certainly willing to change my mind, but the preponderance of the evidence leads us to believe that we will see lower before going higher".

Ethereum

CoinGecko created a countdown for the upcoming update of Ethereum Constantinople.

The revision of the entire system, designed to optimize the efficiency of the network and change the policy on mining premiums of Ethereum, is ready for launch in about six days.

Ripple and XRP

Senior market analyst EToro Mati Greenspan says he does not believe that XRP should be classified as security.

"XRP is not a security, in my personal opinion." My best understanding is that XRP is logically a token of utility. "The SEC can see things differently."

Ripple is facing some collective lawsuits that accuse the company of violating state and federal securities laws by selling XRP as an unregistered security.

As reported by Crypto Briefing, Greenspan claims to remain bullish on long-term XRP.

Stellar

The initiation of micropayments based on Stellar SatoshiPay says that it now has a group of new validation nodes active and functioning to power the Stellar network.

"To further support the decentralization and resilience of the Stellar network, SatoshiPay begins managing the first globally distributed cluster of complete validation nodes, maintaining a database of all previous operations, with publicly accessible history archives and the most fast available to query the ledger …

We are thrilled to announce that a few days ago we completed our upgrade by launching a completely redesigned cluster of Stellar full validators distributed around the world: Iowa (United States), Frankfurt (Germany) and Singapore. "

Bitcoin, Bitcoin Cash, Litecoin

Binance and the TrustWallet team have just announced support for Bitcoin, Bitcoin Cash and Litecoin on iOS and Android.

The portfolio also supports Ethereum and all Ethereum ERC20 tokens, in addition to Ethereum Classic, GoChain, POA Network, VeChain, Tron, Wanchain, Callisto, ICON and Tomochain.

Tron

TronGoo, the blockchain-based competitive game, is already the most popular decentralized gaming app in all three major blockchains – Tron, EOS and Ethereum – a few days after its debut.

The game was originally developed for Ethereum and its developers decided to take it to Tron to take advantage of the increased network transaction speed.

IOTA

A new proof-of-concept video of DXC technology based on the IOTA tangle has been released. Shows a prototype of an IOTA-based vehicle charging station.

IOTA is collaborating with several companies to create distributed accounting solutions for the automotive industry.

Already in April, the intelligent charging company ElaadNL revealed its IOTA-based charging station prototype, designed to use the IOTA distributed ledger for machine-to-machine communication and payment between a charging station and a vehicle.

QTUM

Decentralized platform Qtum carried out its first atomic exchange with Bitcoin. Atomic cross-chain swap allows two transactions to be performed on two separate blockchains. They can be completed or canceled at the same time, without a third party.

According to the announcement,

"As cryptocurrency technologies and markets mature, cross-chain atomic exchanges will have more application scenarios, for example cross-chain exchanges of large amounts of cryptocurrencies can be completed on the blockchain using this technology, without the need for central centralized that will charge a large amount of commissions ".

Join us on Telegram


Check out the latest news


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.

[ad_2]Source link