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Not so fast: Crypto Trader Drops Bitcoin (BTC) Hype Alert – Plus Ripple and XRP, Ethereum, Bitcoin Cash, Litecoin, Faith




Bitcoin's pricing for new support for Ethereum, XRP, Litecoin and Bitcoin Cash, here is a look at some of the stories that break in the crypto world.

Bitcoin

Bitcoin's remarkable 2019 rally continues. The leading cryptocurrency has risen from a 2019 low of around $ 3,200 to $ 8,773 at the time of publication, according to CoinMarketCap. This is a gain of 174%, an impressive race that beats the best companies in the S&P 500 with a wide margin.

The surge has made a number of notorious Bitcoin bears into bulls, including Civic CEO Vinny Lingham, who declared his conversion complete after Bitcoin held over $ 6,200 for 48 hours.

But not everyone is convinced that BTC has officially entered the next bull market. A crypt analyst calls out the hype of Bitcoin's current rally, and tells its 19,000 followers that a bull run will only be official when the leading cryptocurrency peaks $ 11,700 – a level BTC tried and failed to pass three times in 2018.

Meanwhile, cryptic analyst Nicholas Merten (aka DataDash) foresees a 40% decline in the price of Bitcoin after a potential increase of around $ 10,000.

And analyst Peter Brant, who famously called Bitcoin's crash in January 2018, says we are now in the FOMO (fear of missing out) part of the collection, with traders emotionally buying BTC for fear of missing out profit. Brandt, who recently said that Bitcoin's current rally could go as high as $ 300,000, says a post-FOMO accident is inevitable.

Ethereum, XRP, Litecoin, Bitcoin Cash

Expected launch of Taotao, an encryption exchange supported by Yahoo! Japan has announced that it will be officially launched on May 30.

In addition to Bitcoin, Oslo Stock Exchange says it will offer first-hand trading (ETH) and margin trading for Litecoin (LTC), XRP and Bitcoin Cash (BCH).

Ripple [19659003] Ripple's global bank manager Marjan Delatinne gave only an interview with the French business office Le Journal du Net.

Delatinne talks about Ripple's partnership with European banks such as Santander and Crédit Agricole, saying that the company now records two to three financial institutions per week. [19659028] Marjan Delatinne (Ripple): "Plus the 200 institutions finance the production and production of ripple" https://t.co/bcKId19mjr pic.twitter.com/93DzUzZ1D7

– Le Journal du Net (@journaldunet) May 27, 2019

Tron

Tron founder Justi n Sun says its BitTorrent file-sharing platform will be integrated with the Tron network on May 30. BitTorrent's integration with Tron is designed to give users the incentive to share files by rewarding them with the Tron-based token BTT.

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



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