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December 26, 2018

CNBC’s Crypto Trader Says Stock Market Plunge Will Boost Bitcoin, Plus Ripple and XRP, Ethereum, Tron, Stellar, EOS: Crypto News Alert

By Daily Hodl Staff

From the stock market’s impact on Bitcoin to a new milestone at Tron, and the expansion of XRP the base, here’s a look at some of the stories breaking in the world of crypto.

Bitcoin

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The host of CNBC’s Crypto Trader says the stock market plunge will likely convince fund managers to turn to Bitcoin.

According to Ran NeuNer, crypto market volumes on the Christmas holiday also indicate the emerging technology’s wider international appeal.

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Ripple and XRP

Two more cryptocurrency exchanges have followed Binance by adding XRP as a base asset. Australia’s BTCEXA and India’s CoinDCX both say they are expanding the number of coins paired with XRP.

Ethereum and Raiden

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The Raiden Network’s Alpha version is now live on the Ethereum mainnet.

Raiden is a layer-2 solution designed to dramatically increase Ethereum’s scalability and security.

“With Red Eyes, the first version of the Raiden Network has been successfully deployed on the Ethereum mainnet. The main goal of this release is to have the smart contracts and the core protocol battle tested on the mainnet. As part of ensuring this, a bug bounty was created specifically for the release. Find out more about the bug bounty here.”

EOS

EOS is now available on Travala.

The “Expedia of Crypto” lets users book more than half a million hotels using a variety of cryptocurrencies including Bitcoin, XRP, Ethereum, Litecoin, Dash, Binance Coin, Stellar, TrueUSD and Travala.

Stellar

The hardware wallet ELLIPAL now supports Stellar (XLM).

The wallet is designed to perform like a Ledger or Trezor hardware wallet, in a smartphone-like package.

Tron

Tron has now hit more than one million user addresses just six months after leaving the Ethereum network and launching its own mainnet.

Tron, an Ethereum competitor, aims to become the leading ecosystem for blockchain developers building decentralized applications.

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