Tom Lee Says Bitcoin and Crypto Are Not a Fad, Plus Ripple and XRP, Ethereum, Tron, VeChain, Zcash, Monero: Crypto News Alert
From crypto volatility to the future of Bitcoin and Ethereum, here’s a look at some of the stories breaking in the world of blockchain.
Fundstrat co-founder and analyst Tom Lee says Bitcoin is not a fad.
At BlockShow Asia 2018, Lee highlighted a number of metrics on why he’s bullish on BTC and cryptocurrency at large and why he believes the current bear market could prove to be the start of a “golden age” for crypto investing.
Ripple’s CEO says digital assets are here to stay, regardless of their reputation for volatility.
On Twitter, Brad Garlinghouse compared crypto volatility to the stock market and praised a recent statement on the future of crypto from the chairman of the New York Stock Exchange.
Exciting to see more people in traditional finance world take the long view on digital assets. Just like stock market volatility ≠ the end of stocks, digital assets aren’t going away https://t.co/9pqsGIDS5H
— Brad Garlinghouse (@bgarlinghouse) November 29, 2018
Support is growing for a plan to scale Ethereum in eight months or less.
As reported by CoinDesk, developers are pushing to launch “Ethereum 1x” in June, as an interim solution before Ethereum 2.0 is launched in 2020.
“While the exact code changes that will comprise the upgrade have yet to be settled, active discussions suggest a myriad of different proposals could be activated by June 2019, should a final proposal ultimately be formulated, proposed and approved by users of the ethereum network.”
Zcash surged more than 15%, after Coinbase revealed that its customers can now transfer ZEC to Coinbase Pro. Since then, the coin has come back down to earth and is currently up about 7% on CoinMarketCap.
Trading will start on the platform as soon as the exchange has established enough liquidity.
OceanEx has officially launched the public beta of its crypto exchange and asset management platform, built on the VeChainThor blockchain.
The platform is asking crypto enthusiasts to jump on and test the exchange.
— OceanEx Official (@OceanexOfficial) November 28, 2018
The crypto hard wallet company Ledger has officially added support for Monero.
With the new addition, Ledger says its wallets now support 90% of the overall crypto market cap.
We are thrilled to welcome another top crypto asset to the Ledger platform with @monero . The Ledger Nano S is now compatible with the latest version of the Monero GUI wallet.
Start securing your Monero with a Ledger Nano S!
— Ledger (@LedgerHQ) November 29, 2018
The collectible crypto game Blockchain Cuties is coming to the Tron network.
According to a new post on Medium, scalability and speed are key reasons why the team decided to launch on Tron. Once the integration is complete, users will be able to play Blockchain Cuties on Ethereum, EOS and the Tron blockchain.