CryptocurrenciesICOs

Crypto Traders Analyze ‘Powerfully Bullish’ Bitcoin (BTC) Burst – Plus Ripple and XRP, Litecoin, Ethereum, Cardano, Tron, IOTA

This article was originally published here.


 

From new analysis on Bitcoin’s sudden surge above $7K to the latest on Ethereum 2.0, here’s a look at some of the stories breaking in the world of crypto.

Bitcoin

A pair of crypto analysts say Bitcoin’s big surge in the last month and a half shows the strength of BTC’s fundamentals. Economist Alex Krüger says the fact that Bitcoin’s rise began without a rush of new money from retail traders is revealing.

A fellow crypto analyst known as Galaxy is on the same page, calling BTC’s recovery “mental”.

Crypto trader Scott Melker says Bitcoin just displayed one of its most “powerfully bullish” moves in the coin’s history.

Meanwhile, analyst Willy Woo is outlining the mechanics of the short squeeze to explain the dramatic jumps in the price of BTC.

Ethereum

The latest ConsenSys-sponsored Week in Ethereum blog post is out.

This week’s edition covers the latest on Ethereum 2.0 and looks at a number of updates on Ethereum-based platforms including Maker and Brave.

Ripple and XRP

Ripple has released an extended clip of its Ripple Regionals event in Dubai, covering Ripple’s work in Dubai and a look at the company’s upcoming Swell conference in Singapore.



Litecoin

The latest edition of The Lite Podcast is out. The new episode features an interview with Mark E. Jeftovic from EasyDNS, and looks at negative inflation rates, secular bear markets and cryptocurrency from an outsider’s perspective.

Tron

Bitcoin Magazine NL has released a new interview with Tron founder Justin Sun in Amsterdam.

Sun talks about his support for Binance after the recent hack, Craig Wright, BitTorrent Token (BTT), and decentralized apps on the Tron network.



Cardano

IOHK, the company behind Cardano, has signed a memorandum of understanding (MoU) with two blockchain associations in Mongolia.

Details on the agreements, which are designed go boost blockchain adoption and education in the country, are forthcoming.

IOTA

The winners of IOTA’s Smart City contest have been revealed.

The competition is designed to encourage developers to create IOTA-based solutions that can power smart mobility, smart energy, smart buildings, and smart districts.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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