From crypto market analysis to a billion-dollar customer at Ripple, here’s a look at some of the stories breaking in the world of blockchain.
Bloomberg is seeing positive signs for a year-end Bitcoin and crypto bull run.
“A technical indicator for an index tracking some of the largest digital currencies suggests the crypto industry could be poised to break out of its recent malaise and rally at year end.
The MACD, or moving average convergence divergence, gauge for the Bloomberg Galaxy Crypto Index entered its first positive divergence in a month. The move corresponds with an upward trend in Bitcoin, which makes up around 30 percent of the fund.”
According to the report, Senior eToro market analyst Mati Greenspan agrees with the analysis.
“The technicals look great and the fundamentals are fantastic. All signs are pointing to a Santa Claus rally in the crypto market.”
EOS and Ethereum
The decentralized crypto platform BancorX now supports Ethereum (ETH) and EOS.
The protocol allows users to convert ETH to EOS and vice versa without having to use a crypto exchange.
— Bancor (@Bancor) November 7, 2018
Monero, Cardano, Stellar, XRP, Tezos, Decred, Groestlcoin, Lisk, Zencash and Zcash
The hardware wallet Trezor just added a huge list of nine cryptocurrencies to the Trezor Model T, thanks to a new firmware update.