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Crypto News Flash: Bitcoin (BTC), Ethereum (ETH), EOS, Cardano (ADA), IOTA, Nano

by Daily Hodl Staff
July 24, 2018
in Altcoins

From Bitcoin hype to IOTA-powered robots, here’s a look at some of the stories breaking in the world of crypto.

Bitcoin (BTC)

Bitcoin is increasing its market dominance, now topping 46%. Currently trading near $8,000, the world’s number one cryptocurrency is gaining more hype and speculation that a bull run is in the works. Mati Greenspan, a senior market analyst at eToro, triggered a lively debate after tweeting a huge hypothetical about the potential for the biggest bull run in Bitcoin history. Here’s a look at the tweet, along with a few responses.

We might just be on the cusp of the largest bitcoin bull run in history.

— Mati Greenspan [tweets are not trading advice] (@MatiGreenspan) July 23, 2018

10k and FOMO hits hard. 21k and the world might actually stop spinning.

— CryptoVice – Bitcoin not Twitcoin (@Cryptovice1) July 23, 2018

https://twitter.com/dennyvasaya/status/1021423776221687809

We might just be on the cusp of the biggest bull trap ever. Nobody knows.

— jratcliff63367 (@jratcliff) July 23, 2018

Ethereum (ETH)

Government leaders pushing to create China’s so-called “dream city” have announced a new partnership with Ethereum development studio ConsenSys. The South China Morning Post reports the partnership is designed to help China utilize Ethereum to “establish Xiongan as a next-generation smart city and a leading blockchain innovation hub.” Brooklyn-based ConsenSys, founded by Joseph Lubin, is home to projects such as Zug ID, Meridio and Ujo Music.

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Cardano (ADA)

Cardano founder Charles Hoskinson has revealed a number of new developments on the platform in a video update. Hoskinson says Cardano 1.3 is currently in the QA phase. He also addressed Ledger support, sidechains and the platform’s smart contract IELE testnet launch.

brief update from Singapore https://t.co/Hp9y6jOXCp

— Charles Hoskinson (@IOHK_Charles) July 19, 2018

EOS

EOS is calling on all coders to sign up for its upcoming hackathon in Sydney, one of five events during which winners will receive a total of $1.5 million in rewards. The event will be held at the International Convention Centre from August 4th through the 5th.

Just twelve more days until #EOSHackathon lands Down Under, at the @ICCSyd. Designers, developers, entrepreneurs… we'll see you soon! If you haven't signed up yet, you can do so here: https://t.co/iGFeOOPBYz pic.twitter.com/OPTMqY6aEF

— block.one (@block_one_) July 23, 2018

IOTA

The IOTA Foundation has unveiled a new video touting the platform’s promise to revolutionize the Internet of Things. Smart manufacturing, including autonomous machine-to-machine communication, is a core feature of the provocative new release.

Nano

Nano just released a developer update covering new optimizations and its efforts to expand in China. The core team is also looking to add iOS and Android developers to work on “various applications” related to the platform.

Check Latest News Headlines


 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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