Why is XRP Running?
XRP is outperforming the market, as far as I can tell this is excitement over Xrapid (Ripple’s answer to the SWIFT network) paired with Bitcoin and Ethereum drama.
Cryptocurrency news from around the world and beyond. We cover what happening with cryptocurrency today. We cover things like countries embracing or rejecting cryptos, price milestones for Bitcoin and Alts, new projects, upcoming forks, etc.
XRP is outperforming the market, as far as I can tell this is excitement over Xrapid (Ripple’s answer to the SWIFT network) paired with Bitcoin and Ethereum drama.
Bitcoin dropped below $5k USD making new lows for 2018. Let’s look at why crypto is crashing going into the holiday.
The SEC has finally provided some relatively clear guidelines for ICOs by settling charges with two ICOs, an ICO fund, and a token exchange operator. The takeaway, in general ICOs are securities.
To claim Bitcoin Cash SV (BSV) if you own your private keys, you’ll need to configure the official BSV wallet. To claim via a third party, follow their directions.
A Bitmex report shows that both BCH camps, ABC and SV, are mining their respective chains at a loss in the current hash war.
The Bitcoin Cash fork was successful… and it looks like Bitcoin Cash ABC is getting spammed with small transactions. Is this the hash war or stress test?
KIN, an ERC-20 by the company Kik, plans to fork and create its own blockchain. Assuming everything goes as planned, KIN holders will have KIN on the new blockchain in ratio to KIN held on the Ethereum blockchain.
No one knows for sure why Bitcoin dropped. It is likely technical, but I suspect part of the answer is related to the current Bitcoin Cash “hash and cash” wars.
Vitalik Buterin described the upcoming Ethereum 2.0 scaling solution Serenity at Devcon 4. Serenity is a Proof-of-Stake chain that will be fully compatible with the existing Proof-of-Work chain. It could increase scalability of Ethereum by as much as 1000x (hopefully).
The Bitcoin Cash fork is on Nov 15 at 4:40pm UTC. The fork is expected to result in only two Bitcoin Cash tokens, Bitcoin ABC (BTCABC) and Bitcoin SV (BTCSV). Bitcoin Cash holders will get BTCABC and BTCSV, at a 1:1 ratio after the fork.
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