EToro Says Crypto Traders Are Now Buying Bitcoin and XRP – Plus News on Tron, EOS, Ethereum, Ripple, Stellar, VeChain, Litecoin
From crypto traders buying Bitcoin and XRP to the DApp race between EOS and Tron, here’s a look at some of the stories breaking in the world of crypto.
Bitcoin and XRP
The senior market analyst at social trading platform eToro says investors are buying Bitcoin and XRP amid the crypto market dip.
Clients @etoro have used this crypto price drop to increase their BTC stacks.
The red circle shows a small yet clear uptick in client holdings since November 14th. pic.twitter.com/pw51UjZU2X
— Mati Greenspan (@MatiGreenspan) November 19, 2018
Total amount of $XRP held @etoro continues to climb!!! pic.twitter.com/qTw4muvLKo
— Mati Greenspan (@MatiGreenspan) November 19, 2018
CNBC reports that in a new note to clients, Greenspan said he believes the current climate is a buyer’s market, and he’s looking to see if the price holds at about $5,000.
“The next logical level of support is at $5,000 but if that doesn’t hold, the next logical support level isn’t until $3,500.”
Ethereum
In a new interview with the New York Times, co-founder of the Ethereum development studio ConsenSys Joseph Lubin says blockchain technology could give the luxury goods industry a big boost.
“One of the key ways blockchain and its creation of a new trusted and verifiable infrastructure could transform luxury is in the battle against counterfeit goods…
It would take a fair amount of investment and would obviously be easier to track within a controlled supply chain as opposed to a wider supply network, but the technology is there and we are getting better at it.”
Ripple
Ripple’s senior vice president of product Asheesh Birla just released a comprehensive overview on the utility and viability of stablecoins.
Birla analyzes both the use cases and future regulatory expectations for the coins, which are designed to be pegged 1:1 to fiat currency.
Tron
Huobi Wallet, a multi-currency wallet for iOS and Android, has just added support for TRX. Users control their own assets by managing their own private keys.
Thanks for the support to #TRON. #TRX $TRX https://t.co/U9FO2gwp19
— Justin Sun (@justinsuntron) November 20, 2018
EOS and Tron
EOS and Tron power more transactions than all other cryptocurrencies, according to the latest data from Blockchain Center.
The stats show EOS with about 34,000,000 transactions per week, and Tron at around 8,000,000 per week.
Stellar
Stellar has added a new software developer to its team.
Jonathan Jove is a software engineer with “experience building reliable and performant systems across a variety of problem domains. He received a SB in Mathematics and Physics from MIT. Before joining Stellar Development Foundation, Jon was a quantitative trader at Tower Research Capital.”
Litecoin
The Litecoin Foundation has released a new version of Loafwallet – the Foundation’s official wallet for iOS.
“The new version of the cryptocurrency wallet includes integration with Simplex, an emerging cryptocurrency payments startup that leverages AI & machine learning to provide fraud-free transactions, giving LoafWallet users the ability to purchase Litecoin directly without ever leaving the app.”
VeChain
VeChain just presented its blockchain ecosystem to more than 60 major corporations like Panasonic, Delta Airlines, Siemens, Capital One, SAP and State Farm.
The Shanghai-based company, part of venture capital billionaire Tim Draper’s portfolio, attended the DNV CEO Summit in Mountain View, California.
IoTeX is proud to be a @DraperNetwork Portfolio company and invited to attend #DVNCEOsummit representing the #blockchain sector, having 1-on-1 meetings with 60+ Big Corporations like #Panasonic, #DeltaAirlines, #Siemens, #CapitalOne, #SAP, #StateFarmInsurance, #TATA and more! pic.twitter.com/eUtAn7vMrf
— IoTeX (@iotex_io) November 16, 2018
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