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From a potential year-end rally for Ethereum and a Bitcoin fund, here are some of the stories that break off in the world of cryptography.
Bitcoin and Ethereum
For the first time since September, a technical indicator indicates a possible year-end rally for Ethereum.
As reported by Bloomberg, the last time the technical caliber of the GTI VERA convergence divergence, which detects trend reversals, has found a similar pattern, Ethereum has been meeting for about a month.
As for Bitcoin, the founder of the encrypted investment company BKCM claims to believe that BTC will reach a minimum of $ 2,900.
"I think we are getting closer to the bottom, we have the fundamentals, the mania we had last year – you are seeing it reflected in pessimism, so the preconditions are there, it would not surprise me if we went down to $ 2,900. on Bitcoin before starting. "
Ripple has just held a panel at its headquarters in San Francisco, focusing on the regulation of cryptocurrency and blockchain technology.
The jury consisted of lawyers Valeria Bystrowicz and Sarah Hody of Perkins Coie, senior vice president of commercial operations at Ripple, Eric Van Miltenburg and author and professor of Wharton Kevin Werbach.
With the new listings, Bitrue passed Poloniex and Bittrex in the total daily volume of XRP traded, according to CoinMarketCap.
XRP is now paired with Bitcoin, Ethereum, Tether, Bitcoin Cash, Ethereum Classic, Gifto, Gemini Dollar, Kyber Network, Chainlink, Litecoin, Paxos, QuarkChain, TrueUSD, Wanchain, Waltonchain and 0x.
Tron, Cardano and NEO
Binance is adding a trio of stablecoin trading pairs for Tron, Cardano and NEO.
According to the main exchange of cryptocurrencies, the coins will be combined with TrueUSD starting from December 19th.
VeChain
VeChain has released its new executive financial report. The report is designed to bring transparency to internal operation and token distribution to VeChain.
The report also includes the new VeChain collaborations and collaborations made from August to October.
The executive financial report VeChain vol.5 is now available. This report covers the period from August to October 2018.https: //t.co/79XtUFb3ap
– VeChain Foundation (@vechainofficial) December 17, 2018
Crypto-to-Crypto coinbase
Coinbase has officially enabled cryptographic negotiation on the platform.
So far, trading pairs are available between Bitcoin, Ethereum, Bitcoin Cash, Litecoin and Ethereum Classic.
Starting today, you can convert one encryption to another on Coinbase. Conversions are available between Bitcoin (BTC) and Ethereum (ETH), Ethereum Classic (ETC), Litecoin (LTC), 0x (ZRX) or Bitcoin Cash (BCH).
It is day 8 of 12 days of Coinbase. Further information: https://t.co/VshJf7FOMZ pic.twitter.com/wLyJPfkKcA– Coinbase (@coinbase) December 17, 2018
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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, 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.
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