Crypto Update: Bitcoin (BTC), Ethereum (ETH), Tron (TRX), IOTA, EOS, Ripple (XRP), Litecoin (LTC), Bitcoin Cash (BCH)
From fine art to launch delays and lawsuits, here’s an update on some of the cryptocurrency headlines breaking today.
Bitcoin (BTC) and Ethereum (ETH)
Bitcoin and Ethereum just got a sweet mainstream boost from the art world. Partial ownership of an Andy Warhol painting will be sold at an auction for Bitcoin or Ether, and an Ethereum smart contract will be used to seal the deal and set the final price. The piece for sale is part of Warhol’s 1980 work 14 Small Electric Cars, and the reserve price is set at $4 million.
Tron will soon be listed on the cryptocurrency exchange BitForex. The coin will debut on the platform on June 8th and include a TRX/USDT pair. Tron has earned a number of new exchange listings recently, including CoinEx, OTCBTC and Max Exchange.
IOTA is also welcoming a new listing. Bitpanda, one of Europe’s biggest cryptocurrency retail platforms, will enable the buying and selling of IOTA on June 14th.
— Bitpanda (@bitpanda) June 7, 2018
EOS has formally launched its mainnet software, but has yet to turn on its new network. The release date was pushed back at least another 24 hours to allow auditors to perform another security check on the code.
Ripple CEO Brad Garlinghouse told CNBC there will be “many winners” in the cryptocurrency space in the long run. The head of Ripple also says a lawsuit claiming XRP is a security is “outrageous” and came from “somebody who held XRP for, I think, two weeks.”
Surf Air, which calls itself the first private air travel club, says it plans to accept Litecoin in addition to Bitcoin and Ethereum. The company offers an “all-you-can-fly” membership program and follows a similar announcement from the private jet charter company TapJets.
Bitcoin Cash (BCH)
The Bitcoin Cash Fund launched a new website focused on all things BCH to spur adoption. Bitcoincashers.org contains resource links for exchanges, meetups and bounties, and a ‘For Merchants’ page for business owners.