Crypto Bear Morphs Into Raging Bitcoin (BTC) Bull – Plus Ripple and XRP, Ethereum, Litecoin, Cardano, EOS, Tron
From a Bitcoin bear’s transformation to the battle for supremacy between Ethereum, EOS and Tron, here’s a look at some of the stories breaking in the world of crypto.
Bitcoin
As Bitcoin continues to rally, Civic CEO and steadfast crypto bear Vinny Lingham is well on his way to becoming a raging Bitcoin bull.
Lingham, who has been reluctant to say the bear market is over, is transforming as we speak. In a new viral Tweet, Lingham says if BTC can stay above $6,200 for just a short while longer, his metamorphosis will be complete.
If Bitcoin can hold the $6200 level for the next 24-48 hours, then the bear market is officially over and I’m going to become a raging bull!
— Vinny Lingham (@VinnyLingham) May 10, 2019
Lingham is getting props for his consistency. Last month, he told CNBC’s Crypto Trader “I’m not buying any bounce right now that doesn’t go to around $6,200 and stays there for at least 24-48 hours as being the end of the bear market cycle.”
Bitcoin is up 7.56% in the last 24 hours at $6,775, according to CoinMarketCap at time of publishing.
Ethereum, EOS, Tron
EOS remains on top in the battle for decentralized app (DApp) supremacy.
In the past 24 hours, $17.5 million worth of EOS flowed through DApps on the network, with more than 144,600 active users.
144.6K users spent more than $17.5 million(3.6 million EOS) on #EOSDApps in last 24H
Here's the Top 3 #EOS #DApps🔥by volume
🥇@WhaleExchange ;💲5,010,261 ;👥10,863
🥈PokerEOS;💲3,711,492 ;👥1,429
🥉@eosjacksteam ;💲2,693,700 ;👥3,024📊More details👉🏼https://t.co/EDhukZCN06 pic.twitter.com/XCvGtKXm0u
— DappReview (@dapp_review) May 10, 2019
By comparison, 61,600 users spent $10.3 million worth of TRX on Tron-based DApps, while 14,800 users spent $4.5 million ETH on Ethereum-based DApps.
Ripple and XRP
Ripple has released an extended cut of a new interview with Ripple’s global head of infrastructure innovation.
Dilip Rao talks about the critical role that central banks play in the adoption of blockchain and digital assets worldwide.
Litecoin
BlockFuse chief operating officer and Litecoin supporter Andrew Yang sat down for an interview with Crypto Authority, covering all things LTC.
Yang talks about the basics of Litecoin, its relationship to Bitcoin and how LTC could be more efficient than BTC.
Cardano
A new interview with Cardano creator Charles Hoskinson is now online.
Hoskinson talks with Emurgo, the platform’s investment and development arm, about the Cardano roadmap and future of the platform.
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