From a new prediction on when Bitcoin will hit a bottom, to the future of Ripple and XRP, here’s a look at some of the stories breaking in the world of crypto.
The co-founder of Hong Kong-based crypto exchange BTCC says Bitcoin could have more room to fall before it hits a bottom.
Bobby Lee says he believes Bitcoin may have to reach $3,000 before all investors who lack conviction in their strategies have sold, and people who see a good deal start to buy.
We are down 30% from $6,500 levels a few weeks ago. Selling momentum (panic?) has slowed & we’re bottoming out for this round. But I wouldn’t be surprised if $BTC eventually hits $3,000.
Most ppl want to wait, to buy in at cheaper prices, but they would risk missing the bottom? https://t.co/uNTYyvH7Ez
— Bobby Lee (@bobbyclee) November 21, 2018
Ripple and XRP
Ripple’s hiring spree rolls on. The company is now hiring a solutions architect to help grow RippleNet by “designing and then guiding the deployment and integration of Ripple’s solutions with banking and payment systems for Ripple’s Ripple’s APAC customer base.”
Ripple currently has a total of 44 job openings.
— Jim Chauncey-Kelly (@JChaunceyKelly) November 20, 2018
Meanwhile, a trippy new video showcasing XRP has gone viral on Twitter. It depicts what the world might look like if XRP took over.