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9 New Predictions on Bitcoin and Crypto, Plus Ripple and XRP, Ethereum, Tron, Bitcoin Cash, Litecoin, Dogecoin, Dash: Crypto News Alert
From nine predictions on the future of Bitcoin and crypto to a big partnership for Ethereum developer ConSensys, here’s a look at some of the stories breaking in the world of crypto.
Bitcoin
CNBC just released a mashup of Bitcoin and crypto predictions from nine crypto leaders and analysts.
Fundstrat’s head of research Tom Lee, Circle CEO Jeremy Allaire, Coinbase president Asiff Hirji among others give their long-term view on digital assets and where they think crypto will go in 2019.
Ethereum
The latest ConsenSys-sponsored Week in Ethereum blog post is out.
This week’s edition covers covers a slew of developer updates, news on a number of Ethereum-based platforms and an update on the upcoming Ethereum upgrade Constantinople.
ConsenSys also announced a partnership with AMD and Abu Dhabi-based Halo Holdings to leverage its Ethereum-based software. The new venture, W3BCLOUD, will provide the first independent cloud computing blockchain infrastructure.
Says Joe Lubin, founder of ConsenSys and co-creator of Ethereum,
“Bolstering the compute power of blockchain networks with AMD’s leading-edge technology will be of great benefit to the scalable adoption of emerging decentralized systems around the globe. The combination of hardware and software will power a new infrastructure layer and enable an accelerated proliferation of blockchain technologies.”
Ripple and XRP
Ripple is hiring a new country manager based in Shanghai. It’s one of 37 open positions at the San Francisco startup.
Meanwhile, Ripple CTO David Schwartz is weighing in on why he believes banks will play an important role in the adoption of cryptocurrency. According to Schwartz, banks aren’t interested in creating and controlling their own digital assets.
Banks are where the value is today. We need bridges to where today's value is if we're going to get mass adoption. The Internet got most of its early growth from the military and existing centralized information services for much the same reason.
— David "JoelKatz" Schwartz (@JoelKatz) January 3, 2019
Not even banks want a token controlled by banks.
— David "JoelKatz" Schwartz (@JoelKatz) January 4, 2019
Dash, Bitcoin Cash, Litecoin, Dogecoin
Dogecoin is used for payments more often than Bitcoin Cash, Litecoin and Dash.
Data from Coinmetrics compiled by Long Hash reveals that out of the four cryptocurrencies, Dogecoin is used for payments the most, followed by Litecoin, Dash and then Bitcoin Cash.
“Three other altcoins that have been promoted as useful for low-value online transactions over the years are Dash, Dogecoin, and Litecoin. If you look at the data from the past month, Bitcoin Cash has seen fewer on-chain payments than these other altcoins (ignoring the transactions from around the time of the Bitcoin SV split).
In fact, Dogecoin has been processing roughly four times as many payments as Bitcoin Cash in December.”
Tron
The competitive Ethereum game World War Goo is coming to the Tron network.
According to the announcement, Goo will utilize Tron’s “faster transactions to deliver a smoother experience.”
“For those who are newer to the space, EtherGoo was the first competitive idle game using the blockchain. It was a huge hit. EtherGoo toppled CryptoKitties as the #1 DApp in terms of daily active users and transaction volume shortly after launch.”
You can check out the game here.
Top ETH DApp @WorldWarGoo has joined #TRONArcade. Create your Goo empire at https://t.co/iS7XuWw9jI today! Learn more about the game here: https://t.co/nYoJ2okur7 pic.twitter.com/qAMc0QOi4a
— TRON Arcade (@TRONArcade) January 4, 2019