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Home / Business / CNBC's Brian Kelly Calls Bitcoin Bottom, Plus Ripple and XRP, Ethereum, Tron, Litecoin, VeChain, NEO, Cardano, Bitcoin Cash: Crypto News Flash

CNBC's Brian Kelly Calls Bitcoin Bottom, Plus Ripple and XRP, Ethereum, Tron, Litecoin, VeChain, NEO, Cardano, Bitcoin Cash: Crypto News Flash



From a potential year-end rally for Ethereum and a bottom for Bitcoin, here's a look at some of the stories breaking in the world of crypto.

Bitcoin and Ethereum

For the first time since September, a technical indicator is pointing to a potential year-end rally for Ethereum. 19659005] As reported by Bloomberg, the last time the GTI VERA Convergence Diverge NCE Technical Gauge, which detects trend reversals, found a similar pattern, Ethereum rallied for about a month.

As for Bitcoin, the founder of crypto investment firm BKCM says he believes BTC will hit a bottom around $ 2,900.

" I think we're getting closer to the bottom. We have the preconditions for the bottom. The mania that we had last year – you're seeing that reflected here in a pessimism. So the preconditions are there. It would not surprise me if we pop down to $ 2,900 on Bitcoin before we bottom. "

Ripple and XRP

Ripple just held a panel at its headquarters in San Francisco centered on the regulation of cryptocurrency and blockchain technology. 19659006] The panel featured attorneys Valeria Bystrowicz and Sarah Hody of Perkins Coie, Ripple's senior vice president of business operations Eric Van Miltenburg and author and Wharton professor Kevin Werbach.

Meanwhile, the Singapore-based crypto exchange Bitrue now has 16 coins paired directly with XRP.

With the new listings, Bitrue has traded Poloniex and Bittrex in total daily volume or XRP traded, according to CoinMarketCap.

XRP is now paired with Bitcoin, Ethereum, Tether, Bitcoin Cash, Ethereum Classic, Gifto, Gemini Dollar , Kyber Network, Chainlink, Litecoin, Paxos, QuarkChain, TrueUSD, Wanchain, Waltonchain and 0x.

Tron, Cardano and NEO

Binance is adding a trio of stablecoin trading pairs for Tron, Cardano and NEO.

According to the leading cryptocurrency exchange, the coins will all be paired with TrueUSD starting on December 19th.

VeChain

VeChain has released its new Executive Financial Report.

The report also recaps VeChain's new partnerships and collaborations made from August through October.

Coinbase Crypto-to-Crypto

Coinbase has officially enabled crypto-to-crypto trading on the platform.

So far, trading pairs are available between Bitcoin, Ethereum, Bitcoin Cash, Litecoin and Ethereum Classic.

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