From clarity on a recent Bitcoin bull run prediction to a new opportunity for Ripple’s XRP-powered xRapid, here’s a look at some of the stories breaking in the world of crypto.
Bitcoin
Binance CEO Changpeng Zhao doubled down on recent comments that he’s “certain” a Bitcoin bull run is coming.
Appearing on CNBC’s Crypto Trader, Zhao said,
“Even if I don’t know what will catalyze a Bitcoin bull run, I am certain it will happen… Sooner or later, something will trigger it.”
CZ reiterated in a tweet that he has no idea when it will happen or what the catalyst will be.
“I will say it, once and for all. There will be a bull run, followed by a bear run, then bull, and bear, and bull, and bear, and bull… If you say it quickly, it becomes BNB. lol.”
Ethereum and Maecenas
The decentralized art investment platform Maecenas says it will tokenize a work of art by Picasso using Ethereum-based ERC721 and ERC20 tokens.
“We are tokenizing a masterpiece, and making the painting perpetually inaccessible. Any eventual release date of the physical painting can only be decided via a voting process by token holders, after the minimum amount of time has passed well into the future.
The auctioning process will be executed using Maecenas technology. The newly created digital asset, the first of its kind, will be represented as a single ERC721 token for the digitalized artwork. A fixed number of ERC20 tokens will separately represent shared ownership in the physical asset.”
Earlier this year, Maecenas powered the tokenization of “14 Small Electric Chairs (1980),” a $5.6m painting by Andy Warhol, making it the first multi-million dollar piece of art to be tokenized and sold using blockchain technology.
There is no word yet on which Picasso the platform is tokenizing. According to the announcement, specific details will be announced in December.
Ripple and XRP
SBI Ripple Asia is showing off its real-time payments app powered by Ripple’s xCurrent at the Fintech Festival in Singapore.
Meanwhile, the crypto-backed loans platform Nexo says it’s exploring whether Ripple’s XRP-powered xRapid is a good fit for the company. Co-founder and managing partner Antoni Trenchev made the announcement on Twitter.
Tron
Tron’s new blockchain now has 15 decentralized apps up and running, with the vast majority for gambling and gaming. You can check out the full list on Tron.app.
Cardano
Cardano creator Charles Hoskinson hailed the resignation of Michael Parsons, the chairman of the Cardano Foundation, following IOHK’s split from the Cardano Foundation. Hoskinson says the internal developments will free the technology and engineering company that built Cardano to do its best work for the native cryptocurrency ADA.
Power Ledger
Blockchain startup Power Ledger says its peer-to-peer renewable energy trading platform will be installed on the roof of an American power supply company.
“Rather than just dump our excess solar power onto the grid, we’re thrilled we can now provide clean, sustainable power to our neighbors,” says Scott Helm, President of American PowerNet. “Power Ledger’s P2P platform will optimize the offering for all of the participants.”
IOTA
Bosch is clarifying its partnership with IOTA, and how it will use the technology.
“The Bosch XDK (Cross Domain Development Kit) is a programmable sensor device and Internet of Things prototyping platform for any kind of use case you can imagine. Moreover, it can be used as a powerful sensor node solution. It combines state of the art MEMS sensor technology, WiFi, BLE, an SD Card Slot and ready-to-use software packages. This enables the implementation of almost any conceivable IoT application.
The XDK was developed for people of all levels of programming experience and the required information material is free for all users. In this context, it allows you to pursue different projects using the XDK as a starting point. Put simply: The Bosch XDK can be used to collect specific real-time data and sell it via the IOTA Data Marketplace.”