Bitcoin has been in the news since it came into existence. It has had its good and bad days but been always around. The volatility is certainly something that has kept people skeptical about the future of this cryptocurrency.
Quite recently Bitcoin prediction and the popularity of Tron, Ethereum and EOS made news in the world of crypto currencies. We look deeper and see what has been trending and if at all we can predict where Bitcoin is heading from those developments.
Bitcoin Cash (BCH)
Fortunes have turned around
Peter Brandt: An experienced technical trader who had predicted the crash of Bitcoin last year has now turned bullish. He believes that fortunes have turned around and Bitcoin is gearing up for an all-new parabolic bull run. In his tweet, he mentions that the technical chart of Bitcoin resembles the pattern between 2014 and 2015. It is a phase after which the crypto currency touched its peak. With the new low of $3,122 last year, BTC is at a double bottom in the short term.
EOS, Tron & Ehtereum
According to the latest numbers, the money moving through the decentralized apps or DApps on EOS seems to be greater than the amount moving from the DAapps that have been built on Tron and Ethereum. More than 17.1 million was spent by 135,500 users in the last 24 hours. On the other hand, $9.4 million was spent by 68,700 users, and $4.7 million was spent by 12,900 users on Tron and Ethereum respectively.
Ripple & XRP
The San Francisco based startup is on a global hiring spree. It is looking to recruit an accounts manager for New York. Presently, the company has as many as 53 open positions which include the profiles of engineers and new directors for the marketing of XRP.
This new platform facilitates instant swaps between BTC and Litecoin. It is running in the alpha stage and utilizes the Lightning network for allowing its users to swap BTC and LTC without the requirement of a crypto exchange.
Recently Kennedy Financial had interviewed Charles Hoskinson (creator of Cardano). It covered hardware wallets, crypto ecosystem, and why he was traveling across the world and speaking about blockchain technology.
Part 5 of the Quibic Computation Model was released by IOTA. This protocol aims at bringing distributed computing as well as smart contracts to its platform.
A video released on YouTube by Isabel Barrios (Dash News presenter) highlighted the rising acceptance of crypto currency in Venezuela. In the video, she visits Papa John’s Pizza in Caracas and makes the payment using Dash digital cash.