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Bitcoin (BTC)
The chief strategy officer at CoinShares digital asset manager Meltem Demirors talked about Bitcoin and the struggles of the cryptocurrency market today on CNBC. According to Demirors, the volatile market is similar to the dawn of the Internet when the narrative was difficult to understand. "The new technologies that move the paradigm take a long time to really understand."
The creator of Ethereum Vitalik Buterin proposes a new blockchain consent algorithm designed to increase the error tolerance of the network to 99%. [19659006] Meanwhile, Ethereum today reached its September 2017 price of about $ 285. As Bloomberg reports, the fall comes between the big market downturn and the speculation that ICOs are cashing in the Ether that they have collected from investors to cover expenses.
Tron (TRX)
Tron has released a new progress report describing the progress made in the last week, including progress on the platform virtual machine, token migration and super representative elections.
Stellar (XLM) and EOS [19659003] Stellar surpassed EOS in terms of market capitalization against the market downturn, but for how long it remains to be seen. Stellar is now the fifth largest cryptocurrency, with a market capitalization of $ 3.96 billion at the time of publication.
Ripple and XRP
Alexa is apparently brushing off on Ripple and XRP. A new post on Twitter shows what happens when you ask Alexa about the third cryptocurrency by market capitalization
I remember the days #Alexa I did not know the answer. Has Alexa become smarter? Or #Ripple #XRP has become more popular? #XRPcommunity #xrpthestandard pic.twitter.com/8XK1ARBZNA
– Ripple Man (@ KingRippleXRP) 13 August 2018
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Disclaimer: Le 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. Keep in mind that The Daily Hodl participates in affiliate marketing.
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