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December 27, 2018

Crypto Whales Move Millions in XRP, Plus Bitcoin, Ethereum, Tron, Ripple, Litecoin, Bitcoin Cash, IOTA: Crypto News Flash

By Daily Hodl Staff

From a trio of XRP whales on the move to a new milestone for the Bitcoin Lightning Network, here’s a look at some of the stories breaking in the world of crypto.

Ripple and XRP

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Crypto whale watchers are monitoring a trio of huge XRP transfers.

A few hours ago, someone moved 90,000,000 XRP worth $33.5 million from one unknown wallet to another. Soon after, another 30,000,000 XRP worth $11 million moved between two unknown wallets.

Neither batch appears to be headed to an exchange.

That’s not the case for another batch of 51,317,796 XRP that was sent on Friday. That transfer, worth about $22.3 million, was sent to Bitstamp, which indicates it could be a trader preparing to sell.

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Ripple, which regularly sells large amounts of the XRP it owns, does not appear to be involved in any of the transfers, according to Whale Alert.

Apart from these three big transfers and Coinbase’s recent transfer of a whopping $5 billion in crypto, year-end whales have been relatively quiet.

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Bitcoin

The capacity of the Bitcoin Lightning Network (LN) is rising.

New stats from 1ML show the total capacity of the network is now just over 500 BTC, or nearly $2 million. The number of new nodes is also up 32, roughly 68% within the past 24 hours.

Source: 1ML

Ethereum

The team at Amberdata has compiled a comprehensive review of Ethereum’s progress in 2018.

Key highlights

  • 239,564,725 total transactions this year
  • 52,151,774 addresses
  • 10,834,165 smart contracts
  • 75,289 total tokens of which 74,330 are ERC20 tokens
  • 1,201 non-fungible tokens
  • CryptoKitties topped list of non-fungible tokens 
  • Ethermine topped list of mining pools
“Dragon” CryptoKitty topped list of most expensive NFTs at 600 ETH worth $170K at time of purchase

You can check out the full Amberdata report here.

Tron

MediShares has released a new overview of the Tron ecosystem. The image highlights a number of DApps on the Tron network, including games, exchanges and more.

IOTA, Litecoin, Bitcoin Cash, NEO, Dash

The Next Web’s Hard Fork is releasing its yearly crypto reviews. You can check out their reviews for IOTA, Litecoin, Bitcoin Cash, NEO and Dash.

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