Today I've put together some of the most interesting crypto topics of the past few days for you. For example, it's about a possible end to the long crypto winter. We also want to take a look at the problems of some ripple XRP users on Coinbase, as well as other news.
Brian Kelly is the founder and CEO of the crypto-investment company BKCM. In the CNBC television show “Fast Money,” Kelly has now stated that he firmly believes that the long Bitcoin winter is now fading. His reasoning was that the fundamentals are strong. At the same time, investment by institutional investors would increase.
So he said:
“I mean, it was a thaw. This is the “crypto-thaw” – we already had the “crypto winter”. If you look at what is currently happening in the crypto area, you can see that the foundation is improving. Let me introduce you to a number: If you look at the number of addresses created in the Bitcoin network, this is 20 percent higher than the January low points. These are highs, as we experienced them in spring 2018, when Bitcoin stood well above $ 6,000. So, in terms of fundamentals, we're seeing improvements. “
Next, Kelly explained:
“At the same time, there is also some interest from institutional investors. Some prominent investors, foundations, have already ventured into the field. It's also important to remember that Fidelity is opening a fiduciary service this week. And Jack [Dorsey], he understands the payment network. And there's a part of the Bitcoin network called Lightning Network. He says that it is only a matter of time, not whether, but until when the Lightning Network is integrated into the Square app [mobile payment system for cryptocurrencies]. The Lightning Network makes it easy to do transactions in stores, and that could be another catalyst. “
Ethereum-based hedge fund Paradigm has released its Ethereum update. The new entry on Medium deals with the “Constantinople” update, core developer meetings, developer tools and other topics.
Ripple Labs and Ripple XRP
Brad Garlinghouse, the CEO of Ripple Labs, attended a “fireside chat” at the DC Blockchain Summit in Frankfurt am Main. He talked about the company's ambition to transform the world of cross-border payments.
Ripple XRP was also talking in other ways. For example, after the listing of Ripple XRP on the crypto exchange Coinbase there were complaints. A number of Ripple XRP users complained that Coinbase did not help their customers if they were sending XRP without specifying a “destination tag.”
Destination Tags are series of numbers that should be entered when sending Ripple XRP. This ensures that the funds are sent to the correct address. If the sender does not include such a tag, it may be difficult (but not impossible) to track the funds. Coinbase claims that Ripple XRPs that are sent to the stock market are “permanently lost” without a destination tag. Other crypto exchanges, however, provide a remedy in such cases and fix the error without fuss.
Litecoin developers released a new core release candidate for testing. Among other things, Litecoin Core v0.17.1 brings new features, bug fixes, and performance improvements. A detailed overview of the new version has been published on Medium.
The agricultural start-up company Bext360 has said that they want to use Stellar Lumens. According to a Forbes report, the company intends to use Blockchain technology to prove the authenticity of organic cotton goods. The article states:
“The initiative, Organic Cotton Traceability Pilot, is a partnership between the C & A Foundation, Organic Cotton Accelerator and Fashion for Good. It is supported by the fashion companies C & A, Zalando, PVH and the Kering Group. The initiative started in December and is currently used to track organically grown cotton from the producers to the grinder machines, where it is being prepared for textile processing. “
Malta-based crypto exchange OKEx has now listed Tron on its peer-to-peer crypto exchange. There you can exchange fiat currencies in cryptocurrencies. OKEx had already recorded Bitcoin, Ethereum, Ripple XRP, Litecoin, Bitcoin Cash and Tether there.
Author: Peter Joost – Source Post: https://www.kryptovergleich.org/fondsmanager-sagt-boden-fuer-bitcoin-kurs-sei-erreicht-news-zu-ripple-xrp-ethereum-tron-litecoin-und- stellar/
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