From a new stance on Bitcoin and XRP, to Ethereum mining for the mainstream, here’s a look at some of the stories breaking in the world of crypto.
Bitcoin and XRP
The host of CNBC’s Crypto Trader Ran NeuNer has gone from questioning the reason for XRP’s existence to apparently fully backing the coin.
In a new tweet, NeuNer says the recent Bitcoin Cash hard fork and subsequent hash war is an example of why traders should choose to buy XRP.
Ran NeuNer on XRP – November 2018
These hash wars highlight why everyone should dump BTC and BCH and just put all their money into XRP!
— Ran NeuNer (@cryptomanran) November 17, 2018
Ran NeuNer on XRP – 5 months earlier
Dear @RobertLe88 . I have done my homework and I have come to this conclusion. I have also reached out to @JoelKatz and Ripple via mail and twitter and had no response… I’m happy to listen to someone from Ripple if I am wrong… pic.twitter.com/jC6NEsuuef
— Ran NeuNer (@cryptomanran) June 15, 2018
A slick new Ethereum mining rig designed for the mainstream is in development.
The new company Coinmine is backed by Coinbase Ventures, and says its device will cost abour $800, using less power than a PlayStation.
UC Berkeley is using funding from Ripple’s University Blockchain Research Initiative to “fund faculty and student research, activities and related events across the Berkeley campus, including Engineering, the Law School, School of Information, and other colleges or programs.”
The funding will be used primarily to power research in blockchain and distributed ledgers, cryptocurrency and digital payments, cryptography and blockchain’s impact on the global economy.
New data from Coin ATM Radar shows that Litecoin is the second most popular coin on crypto ATMs, after Bitcoin.
The numbers show there are 2,329 ATMs that support Litecoin worldwide, with 3,969 ATMs up and running that support Bitcoin.
The latest numbers from DappReview show decentralized apps on the Tron network have more transaction volume than Ethereum and EOS.
You can check out the most popular DApps and see their volumes here.
No.1 DApp on ETH
IDEX – 2430 ETH txn volume in last 24 hours
— DappReview (@dapp_review) November 17, 2018
A researcher behind a key feature of Monero’s crypto system has earned a prestigious academic award.
As reported by The Next Web, cryptographer Joseph Liu became the Australian Computer Society’s researcher of the year at the group’s yearly disruptor awards for developing Monero’s ring signature algorithm which obscures a user’s identity.
Arket, in-house clothing brand of fashion and design conglomerate H&M, has confirmed that it is testing VeChain on beanies.
Thanks for waiting for us to get back. We can confirm that all of the colours will be tagged.
— ARKET (@arketofficial) November 16, 2018
You can find out more about the test run here.
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin or cryptocurrency. Your transfers and trades are at your own risk. Any losses you may incur are your responsibility. Please note that The Daily Hodl participates in affiliate marketing.