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November 30, 2018

Tom Lee Says Bitcoin and Crypto Are Not a Fad, Plus Ripple and XRP, Ethereum, Tron, VeChain, Zcash, Monero: Crypto News Alert

By Daily Hodl Staff

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.

Bitcoin

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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 and XRP

Ripple’s CEO says digital assets are here to stay, regardless of their reputation for volatility.

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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.

Ethereum

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.

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“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

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.

VeChain

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.

Monero

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.

Tron

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.

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